Company registration number 06072410 (England and Wales)
SATYS SEALING & PAINTING UK LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SATYS SEALING & PAINTING UK LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 8
SATYS SEALING & PAINTING UK LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
33,065
58,174
Current assets
Stocks
4
372,025
351,678
Debtors
5
2,008,904
2,810,557
Cash at bank and in hand
633,547
469,363
3,014,476
3,631,598
Creditors: amounts falling due within one year
7
(1,388,402)
(824,480)
Net current assets
1,626,074
2,807,118
Total assets less current liabilities
1,659,139
2,865,292
Provisions for liabilities
(7,762)
(13,929)
Net assets
1,651,377
2,851,363
Capital and reserves
Called up share capital
9
100,000
100,000
Profit and loss reserves
10
1,551,377
2,751,363
Total equity
1,651,377
2,851,363

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 January 2026 and are signed on its behalf by:
Mrs L H Robinson
Director
Company registration number 06072410 (England and Wales)
SATYS SEALING & PAINTING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

Satys Sealing & Painting UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Building 160 Airbus Facility East, Chester Road, Broughton, Flintshire, CH4 0DR.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is the total amount receivable by the company for services and goods provided excluding VAT and trade discounts.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
Straight line over 3, 5 or 8 years.
Computers
Straight line over 3, 5 or 8 years.
Motor vehicles
Straight line over 3, 5 or 8 years.
Paint Equipment
Straight line over 3, 5 or 8 years.
Office Equipment
Straight line over 3, 5 or 8 years.
Maintenance Spares
Straight line over 3, 5 or 8 years.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

1.4
Stocks

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

SATYS SEALING & PAINTING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Financial instruments

The company only enters into basis financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to related parties, loans to related parties and instruments in non-puttable ordinary shares.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change of value.

Debtors

Short term debtors are measured at transaction price, less any impairment . Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Interest income

Interest income is recognised in the Profit and loss account using the effective interest method.

Interest payable

Interest payable is recognised in the Profit and loss account for all interest bearing instruments on an accrual basis using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
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

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 in the countries where the Company operates and generates income.

SATYS SEALING & PAINTING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
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.

Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have enacted or substantively enacted by the balance sheet date.

1.8
Retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Profit and Loss Account when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

1.9
Foreign exchange

Transaction in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets or liabilities denominated in foreign currencies are translated into sterling at the rates of exchange at the balance sheet date. All exchange differences are dealt with through the Profit and Loss Account.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
105
88
SATYS SEALING & PAINTING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Motor vehicles
Paint Equipment
Office Equipment
Maintenance Spares
Total
£
£
£
£
£
£
£
Cost
At 1 October 2024
12,132
62,172
10,395
284,311
16,918
13,987
399,915
Disposals
-
0
-
0
-
0
(31,832)
-
0
-
(31,832)
At 30 September 2025
12,132
62,172
10,395
252,479
16,918
13,987
368,083
Depreciation and impairment
At 1 October 2024
8,570
62,172
10,395
250,024
9,123
1,457
341,741
Depreciation charged in the year
1,188
-
0
-
0
15,645
3,614
4,662
25,109
Eliminated in respect of disposals
-
0
-
0
-
0
(31,832)
-
0
-
(31,832)
At 30 September 2025
9,758
62,172
10,395
233,837
12,737
6,119
335,018
Carrying amount
At 30 September 2025
2,374
-
0
-
0
18,642
4,181
7,868
33,065
At 30 September 2024
3,562
-
0
-
0
34,287
7,795
12,530
58,174
SATYS SEALING & PAINTING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
4
Stocks
2025
2024
£
£
Stocks
372,025
351,678

During the year raw materials of £3 72,025 (202 4: £3 51,678) were recognised as expenses and included in 'Cost of sales'.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,886,570
1,419,486
Amounts owed by group undertakings
21,047
1,320,744
Other debtors
101,287
70,327
2,008,904
2,810,557

Amount owed by group undertakings are unsecured and repayable on demand. Interest is being charged on the remaining balance. Interest of £21,059 was charged during the year (202 4: £48,132).

10
Cash at bank
2025
2024
£
£
Bank current account
633,474
467,851
BNP euro account
73
1,512
633,547
469,363
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
309,871
82,370
Amounts owed to group undertakings
46,788
39,386
Corporation tax
506,171
275,279
Other taxation and social security
431,141
343,713
Other creditors
29,784
28,119
Accruals and deferred income
64,647
55,613
1,388,402
824,480
SATYS SEALING & PAINTING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 7 -
8
Operating lease commitments
As lessee

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025
2024
£
£
Total commitments
10,680
24,342
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100,000
100,000
100,000
100,000

The balance classified as called up share capital includes the nominal value of issued Company's share capital.

10
Profit and loss reserves

The Company's retained earnings includes the accumulated profits and losses of the Company less any dividends declared.

11
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Timothy Mitchell BSc FCA
Statutory Auditor:
Xeinadin Audit Limited
Date of audit report:
30 January 2026
12
Pension Commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension charge represents contributions payable by the Company to the fund and amounted to £1 90,846 (202 4: £1 57,1 84).

Contributions totalling £2 9,723 (202 4: £2 8,1 33) were payable to the fund at the balance sheet date and are included in creditors.

SATYS SEALING & PAINTING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 8 -
13
Related party transactions
Remuneration of key management personnel

All directors who have authority and responsibility for planning, directing and controlling the activities of the Company are considered to be key management personnel. During the year, there were no transactions with key management personnel outside normal marketing conditions (202 4 - £nil).

Other information

The Company has taken advantage of the exemption available in accordance with Financial Reporting Standard 102 Section 33 Related Party Transactions not to disclose transactions entered into between two or more members of a group, as the company is wholly owned subsidiary undertaking of the group to which it is party to the transactions.

14
Parent company

The Company's ultimate holding company and controlling party is Satys Services Group, a company registered in France. Satys Services Group is the smallest and largest entity preparing group financial statements which includes the results and net assets of the Company.

The registered office is 4 Rue Clotide Bizolon, 69002 Lyon, France.

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