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REGISTERED NUMBER: 01680596 (England and Wales)

SCHWALBE TYRES UK LIMITED

Financial Statements for the Year Ended 31 December 2025

SCHWALBE TYRES UK LIMITED (REGISTERED NUMBER: 01680596)

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 |

SCHWALBE TYRES UK LIMITED

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | F Bohle

| D R Taylor

| SECRETARY: | K D Hodson

| REGISTERED OFFICE: | Schwalbe Centre

| Hortonwood 30

| Telford

| Shropshire

| TF1 7ET

| REGISTERED NUMBER: | 01680596 (England and Wales)

| AUDITORS: | Lancaster Haskins Limited

| Granville House

| 2 Tettenhall Road

| Wolverhampton

| West Midlands

| WV1 4SB

SCHWALBE TYRES UK LIMITED (REGISTERED NUMBER: 01680596)

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,772,938 |  | 2,804,895 |  |

CURRENT ASSETS

Stocks | 3,817,226 |  | 3,011,222 |  |

Debtors | 5 | 238,726 |  | 490,133 |  |

Cash at bank | 2,140,229 |  | 2,098,856 |  |

6,196,181 |  | 5,600,211 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,268,266 |  | 1,193,859 |  |

NET CURRENT ASSETS | 4,927,915 |  | 4,406,352 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 7,700,853 |  | 7,211,247 |  |

PROVISIONS FOR LIABILITIES | 76,875 |  | 83,787 |  |

NET ASSETS | 7,623,978 |  | 7,127,460 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100,000 |  | 100,000 |  |

Retained earnings | 7,523,978 |  | 7,027,460 |  |

SHAREHOLDERS' FUNDS | 7,623,978 |  | 7,127,460 |  |

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2026 and were signed on its behalf by:

D R Taylor - Director

SCHWALBE TYRES UK LIMITED (REGISTERED NUMBER: 01680596)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Schwalbe Tyres 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. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Significant judgements and estimates

| Management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

| There are no key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.

| 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.

| Freehold property | - | 2% on cost

| Plant and machinery | - | 10% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 30% on cost

| 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.

| Cost is calculated using the average cost method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

SCHWALBE TYRES UK LIMITED (REGISTERED NUMBER: 01680596)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 16 (2024 - 16 ) .

SCHWALBE TYRES UK LIMITED (REGISTERED NUMBER: 01680596)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 3,035,166 |  | 795,937 |  | 360,670 |  | 221,233 |  | 4,413,006 |  |

| Additions | - |  | 102,387 |  | 3,166 |  | - |  | 105,553 |  |

| Disposals | - |  | - |  | (755 | ) | (34,398 | ) | (35,153 | ) |

| At 31 December 2025 | 3,035,166 |  | 898,324 |  | 363,081 |  | 186,835 |  | 4,483,406 |  |

| DEPRECIATION

| At 1 January 2025 | 560,613 |  | 563,677 |  | 293,835 |  | 189,986 |  | 1,608,111 |  |

| Charge for year | 54,519 |  | 39,787 |  | 32,718 |  | 5,747 |  | 132,771 |  |

| Eliminated on disposal | - |  | - |  | (516 | ) | (29,898 | ) | (30,414 | ) |

| At 31 December 2025 | 615,132 |  | 603,464 |  | 326,037 |  | 165,835 |  | 1,710,468 |  |

| NET BOOK VALUE

| At 31 December 2025 | 2,420,034 |  | 294,860 |  | 37,044 |  | 21,000 |  | 2,772,938 |  |

| At 31 December 2024 | 2,474,553 |  | 232,260 |  | 66,835 |  | 31,247 |  | 2,804,895 |  |

| Freehold land and associated costs amounting to £303,975 (2024: £303,975) are not depreciated.

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 62,443 |  | 260,104 |  |

| Other debtors | 176,283 |  | 230,029 |  |

238,726 |  | 490,133 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | 582,837 |  | 294,618 |  |

| Amounts owed to group undertakings | 425,156 |  | 709,171 |  |

| Social security and other taxes | 76,798 |  | 32,111 |  |

| Other creditors | 160,216 |  | 140,259 |  |

| Accrued expenses | 23,259 |  | 17,700 |  |

1,268,266 |  | 1,193,859 |  |

SCHWALBE TYRES UK LIMITED (REGISTERED NUMBER: 01680596)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | LEASING AGREEMENTS

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Within one year | 51,282 |  | 19,198 |  |

| Between one and five years | 108,382 |  | 9,118 |  |

159,664 |  | 28,316 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.25 |  | 31.12.24

| value: | £ | £ |

| 100,000 | Ordinary | £1.00 | 100,000 |  | 100,000 |  |

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

| The Report of the Auditors was unqualified.

| James Roden BA FCA (Senior Statutory Auditor)

| for and on behalf of Lancaster Haskins Limited

10. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. | ULTIMATE CONTROLLING PARTY

| The controlling party is Ralf Bohle GmbH, a company registered in Germany.

| The ultimate controlling party is the shareholders of Schwalbe Holding GmbH.