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# INDUSTRY4 LTD

## Company Registration Number:
10014834 (England and Wales)

## Unaudited statutory accounts for the year ended 28 February 2026

## Period of accounts

## Start date: 01 March 2025

## End date: 28 February 2026

# INDUSTRY4 LTD

## Contents of the Financial Statements

for the Period Ended 28 February 2026

Company Information - 3 |
Report of the Directors - 4 |
Profit and Loss Account - 5 |
Balance sheet - 6 |
Additional notes - 8 |
Balance sheet notes - 11 |

# INDUSTRY4 LTD

## Company Information

for the Period Ended 28 February 2026

Director: |  | David A. Graham
Registered office: |  | Unit 12 44 Springfield Road Poole Dorset England BH14 0LQ
Company Registration Number: |  | 10014834 (England and Wales)

# INDUSTRY4 LTD

## Directors' Report Period Ended 28 February 2026

The directors present their report with the financial statements of the company for the period ended 28 February 2026

Principal Activities

The Company’s principal activity during the period was the sale and support of the SMEMA Hermes Adaptor and the SMEMA Ethernet Adaptor which are used within Electronic Assembly factories worldwide.

Additional information

During the period we secured 6 new customers including a Tier 1 company from the Telecoms industry, with 4 customers returning to make repeat orders. A large number of orders are coming from distributors located in Italy and Germany so this is causing us to have reduced visibility of knowing who the final end customers are. For this reason it’s getting harder to report the final country destination of our products. Considering the distributor's locations are within the EU, we can conclude there is an even spread of customers between Europe, America and Asia within the period. We continue to work with eCommerce company Smart Factory Direct as our main product distributor for worldwide sales. We still haven't secured any customers within England after visiting a possible lead at the start of the year, however we have secured our first customer in France. Total customers served is now 40. OEM support was completed in the period so we are ready to allow integration of our software within other vendors machines to catapult the rollout of the Hermes Standard. Our SMEMA Hermes Adaptor currently operates as a beta product yet it is considered stable for production environments. Our goal for 2026 is to implement International Language support which will allow the product to be taken out of beta. The main highlight of the period was exhibiting our products at Productronica 2025 for the show’s 50th anniversary. This was only possible by the invite from our Italian distributor Mancini Enterprise Group and the ability to share their booth. We were also able to launch the MVP (Minimum Viable Product) of our Hermes Standard Supervisory App software at the show which triggered discussions with the staff from Siemens Berlin and the Inission Group. This newly commissioned software will open us up to opportunities in providing production line monitoring, control and analytics features. This will elevate our supplier status from a provider of an enabling device to a critical core supplier commanding the day to day use of a SMT production line. The Value Added Tax situation stated during the previous period report still exists and so material costs reflect it. With good progress in R&D and good growth in Reach, this positive trend has been offset by disappointing sales which were half of those seen in the previous period. The Economy plays a big factor with two wars currently active and a slump in the automotive sector resulting in a drop in capital equipment sales across the industry. To improve this situation we intend to begin conducting direct marketing and social media advertising in the near future. We increased our prices for the first time in years caused by Memory shortages triggered by Data Center use for Artificial Intelligence. We however operate in a vulnerable position where we rely on Machine Builders to support the Hermes Standard in order for us to provide tools to connect any voids along the production line and customers have indicated to us that some projects have stalled because of this. A strategic review will commence within the next period to see if we can remove ourselves from this vulnerability.We however already believe focusing on the Hermes Standard Supervisory App will open ourselves to new opportunities and return the business back to a core software supplier. To date all operations are currently loss making and our shareholders have indicated that they are committed to supporting the business over the next period. The Company therefore continues to adopt the going concern basis in preparing its financial statements.

Directors

The directors shown below have held office during the whole of the period from 01 March 2025 to 28 February 2026
David A. Graham

This report was approved by the board of directors on 20 March 2026
And Signed On Behalf Of The Board By:

Name: David A. Graham
Status: Director

# INDUSTRY4 LTD

## Profit and Loss Account

for the Period Ended 28 February 2026

| Notes | 2026 £ | 2025 £
--- | --- | --- | ---
Turnover |  | 10,743 | 25,734
Cost of sales |  | ( 17,838 ) | ( 25,556 )
Gross Profit or (Loss) |  | ( 7,095 ) | 178
Administrative Expenses |  | ( 4,109 ) | ( 4,001 )
Operating Profit or (Loss) |  | ( 11,204 ) | ( 3,823 )
Profit or (Loss) Before Tax |  | ( 11,204 ) | ( 3,823 )
Profit or (Loss) for Period |  | ( 11,204 ) | ( 3,823 )

The notes form part of these financial statements

# INDUSTRY4 LTD

## Balance sheet

As at 28 February 2026

| Notes | 2026 £ | 2025 £
--- | --- | --- | ---
Fixed assets
Total fixed assets: |  | - | -
Current assets
Stocks: |  | 8,259 | 10,066
Cash at bank and in hand: |  | 324 | 13,541
Total current assets: |  | 8,583 | 23,607
Net current assets (liabilities): |  | 8,583 | 23,607
Total assets less current liabilities: |  | 8,583 | 23,607
Creditors: amounts falling due after more than one year: | 4 | ( 25,000 ) | ( 25,000 )
Total net assets (liabilities): |  | ( 16,417 ) | ( 1,393 )

The notes form part of these financial statements

# INDUSTRY4 LTD

## Balance sheet continued

As at 28 February 2026

| Notes | 2026 £ | 2025 £
--- | --- | --- | ---
Capital and reserves
Called up share capital: |  | 1 | 1
Profit and loss account: |  | ( 16,418 ) | ( 1,394 )
Shareholders funds: |  | ( 16,417 ) | ( 1,393 )

For the year ending 28 February 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 March 2026
And Signed On Behalf Of The Board By:

Name: David A. Graham
Status: Director

The notes form part of these financial statements

# INDUSTRY4 LTD

## Notes to the Financial Statements

for the Period Ended 28 February 2026

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

# INDUSTRY4 LTD

## Notes to the Financial Statements

for the Period Ended 28 February 2026

- ## 2. Employees

  | 2026 | 2025
  --- | --- | ---
  Average number of employees during the period | 2 | 2

# INDUSTRY4 LTD

## Notes to the Financial Statements

for the Period Ended 28 February 2026

- ## 3. Off balance sheet disclosure

  No

# INDUSTRY4 LTD

## Notes to the Financial Statements

for the Period Ended 28 February 2026

## 4.Creditors: amounts falling due after more than one year

| 2026 £ | 2025 £
--- | --- | ---
Bank loans and overdrafts | 0 | 0
Amounts due under finance leases and hire purchase contracts | 0 | 0
Other creditors | 25,000 | 25,000
Total | 25,000 | 25,000

Repayment of R&D Loan repayable after £100,000 revenue.