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REGISTERED NUMBER: 11486682 (England and Wales)

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Novametal Wire UK Limited |

| Novametal Wire UK Limited (Registered number: 11486682) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Novametal Wire UK Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTOR: | R Rogers

| REGISTERED OFFICE: | Hanover Court

| 5 Queen Street

| Lichfield

| Staffordshire

| WS13 6QD

| REGISTERED NUMBER: | 11486682 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Susanna D Ault FCCA FCA

| AUDITORS: | Tomkinson Teal (Lichfield) LLP

| Hanover Court

| 5 Queen Street

| Lichfield

| Staffordshire

| WS13 6QD

| Novametal Wire UK Limited (Registered number: 11486682) |

Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 405 |  | 712 |  |

CURRENT ASSETS

Stocks | 646,897 |  | 502,712 |  |

Debtors | 6 | 527,269 |  | 357,795 |  |

Cash at bank | 356,638 |  | 320,670 |  |

1,530,804 |  | 1,181,177 |  |

CREDITORS

Amounts falling due within one year | 7 | (336,150 | ) | (160,171 | ) |

NET CURRENT ASSETS | 1,194,654 |  | 1,021,006 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,195,059 |  | 1,021,718 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 1,194,959 |  | 1,021,618 |  |

SHAREHOLDERS' FUNDS | 1,195,059 |  | 1,021,718 |  |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 February 2026 and were signed by:

R Rogers - Director

| Novametal Wire UK Limited (Registered number: 11486682) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Novametal Wire UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 33.33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Novametal Wire UK Limited (Registered number: 11486682) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 8,583 |  |

| DEPRECIATION

| At 1 January 2025 | 7,871 |  |

| Charge for year | 307 |  |

| At 31 December 2025 | 8,178 |  |

| NET BOOK VALUE

| At 31 December 2025 | 405 |  |

| At 31 December 2024 | 712 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 452,497 |  | 342,486 |  |

| Other debtors | 74,772 |  | 15,309 |  |

527,269 |  | 357,795 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 7,349 |  | 44,108 |  |

| Amounts owed to group undertakings | 228,753 |  | - |  |

| Taxation and social security | 31,308 |  | 35,399 |  |

| Other creditors | 68,740 |  | 80,664 |  |

336,150 |  | 160,171 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| Novametal Wire UK Limited (Registered number: 11486682) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was qualified on the following basis:

| Basis for qualified opinion

| We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. The company's cost of sales is stated in the statement of financial position at £1,978,330. This is understated by £29,581 due to a VAT duplication regarding imports.

| Susanna D Ault FCCA FCA (Senior Statutory Auditor)

| for and on behalf of Tomkinson Teal (Lichfield) LLP

12. | RELATED PARTY DISCLOSURES

| Novametal SA

| Main supplier and group company

| Purchases from Novametal SA during the year ended 31 December 2025 were £1,900,459 (2024: £1,497,565)

| The company also received sales commission of £8,804 (2024: £9,915).

|  | 2025 |  |  | 2024 |  |

|  | £ |  |  | £ |  |

| Amount due to related party at the balance sheet date |  |  | 224,392 |  |  | - |  |

| Novametal Holding SA

| Ultimate parent company

| Management fees paid £51,358

2025 | 2024 |

£ | £ |

| Amount due to related party at the balance sheet date | 4,360 |  | - |  |

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Novametal Holding SA, Switzerland.

| Registered office: Via Pra Mag, 11 - P.O. Box 23, 6862 Rancate (CH), Switzerland.