Company registration number 04404089 (England and Wales)
VECOM SILLAVAN METAL TREATMENT LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
VECOM SILLAVAN METAL TREATMENT LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
VECOM SILLAVAN METAL TREATMENT LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
431,898
469,558
Current assets
Stocks
16,104
19,469
Debtors
5
348,061
404,419
Cash at bank and in hand
-
0
23,461
364,165
447,349
Creditors: amounts falling due within one year
6
(309,158)
(423,952)
Net current assets
55,007
23,397
Total assets less current liabilities
486,905
492,955
Provisions for liabilities
(49,007)
(55,057)
Net assets
437,898
437,898
Capital and reserves
Called up share capital
7
1,000
1,000
Profit and loss reserves
436,898
436,898
Total equity
437,898
437,898

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

The director of the company has 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 3 April 2026 and are signed on its behalf by:
J Van Vulpen
Director
Company registration number 04404089 (England and Wales)
VECOM SILLAVAN METAL TREATMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Vecom Sillavan Metal Treatment Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Sillavan Works, Wood Street, Bury, Lancashire, BL8 2SL.

1.1
Accounting convention

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 £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of services is recogn is ed when the service is performed, in accordance with the specific terms of the contract with the customer. Revenue is recogni s ed only when the c ompany has fulfilled its performance obligation under the contract, and the customer has obtained control over the service.

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:

Leasehold improvements
10% on cost
Plant and equipment
6.67% on cost
Fixtures and fittings
10% on cost
Computers
20% on cost

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.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

VECOM SILLAVAN METAL TREATMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

VECOM SILLAVAN METAL TREATMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
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.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

VECOM SILLAVAN METAL TREATMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.12
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Tangible fixed assets

The useful economic life of tangible fixed assets, and residual values where applicable, have to be estimated by the directors of the company to ensure an appropriate depreciation charge is recognised each year. The value of the assets ultimately depends on the condition of the assets and whether economic income can be derived from the asset. The directors undertake a periodic review of the assets to ensure the value of the assets is fairly stated within the financial statements.

During the year, depreciation of £59,363 (2024: £66,597) has been charged.

Refer to note 4 for the carrying value of tangible fixed assets impacted by this key estimate.

3
Employees

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

2025
2024
Number
Number
Total
17
15
VECOM SILLAVAN METAL TREATMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
4
Tangible fixed assets
Leasehold improvements
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
£
Cost
At 1 January 2025
143,665
599,782
22,330
68,265
834,042
Additions
568
21,914
452
142
23,076
Disposals
(686)
(1,728)
-
0
-
0
(2,414)
At 31 December 2025
143,547
619,968
22,782
68,407
854,704
Depreciation and impairment
At 1 January 2025
94,877
196,528
20,454
52,625
364,484
Depreciation charged in the year
13,191
40,432
1,161
4,579
59,363
Eliminated in respect of disposals
(297)
(744)
-
0
-
0
(1,041)
At 31 December 2025
107,771
236,216
21,615
57,204
422,806
Carrying amount
At 31 December 2025
35,776
383,752
1,167
11,203
431,898
At 31 December 2024
48,788
403,254
1,876
15,640
469,558
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
259,225
297,606
Other debtors
88,836
106,813
348,061
404,419
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,028
-
0
Trade creditors
132,306
76,385
Amounts owed to group undertakings
34,916
200,000
Taxation and social security
112,165
127,710
Other creditors
27,743
19,857
309,158
423,952

Bank loan facilities are secured over the assets of the Company.

VECOM SILLAVAN METAL TREATMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,000
1,000
1,000
1,000
8
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 31 December 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:
Alex Hesketh
Statutory Auditor:
Sumer Auditco Limited
Date of audit report:
3 April 2026
9
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
140,039
248,207
10
Parent company

The ultimate parent company is Floma Services B.V., a company incorporated in The Netherlands. This is by virtue of its shareholding in the immediate parent company of the company, Vecom Group B.V., a company incorporated in The Netherlands.

2025-12-31 2025-01-01 false false false 03 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity P Van Buren J Van Vulpen 04404089 2025-01-01 2025-12-31 04404089 2025-12-31 04404089 2024-12-31 04404089 core:LeaseholdImprovements 2025-12-31 04404089 core:PlantMachinery 2025-12-31 04404089 core:FurnitureFittings 2025-12-31 04404089 core:ComputerEquipment 2025-12-31 04404089 core:LeaseholdImprovements 2024-12-31 04404089 core:PlantMachinery 2024-12-31 04404089 core:FurnitureFittings 2024-12-31 04404089 core:ComputerEquipment 2024-12-31 04404089 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 04404089 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04404089 core:WithinOneYear 2025-12-31 04404089 core:WithinOneYear 2024-12-31 04404089 core:CurrentFinancialInstruments 2025-12-31 04404089 core:CurrentFinancialInstruments 2024-12-31 04404089 core:ShareCapital 2025-12-31 04404089 core:ShareCapital 2024-12-31 04404089 core:RetainedEarningsAccumulatedLosses 2025-12-31 04404089 core:RetainedEarningsAccumulatedLosses 2024-12-31 04404089 core:ShareCapitalOrdinaryShareClass1 2025-12-31 04404089 core:ShareCapitalOrdinaryShareClass1 2024-12-31 04404089 bus:Director2 2025-01-01 2025-12-31 04404089 core:LeaseholdImprovements 2025-01-01 2025-12-31 04404089 core:PlantMachinery 2025-01-01 2025-12-31 04404089 core:FurnitureFittings 2025-01-01 2025-12-31 04404089 core:ComputerEquipment 2025-01-01 2025-12-31 04404089 2024-01-01 2024-12-31 04404089 core:LeaseholdImprovements 2024-12-31 04404089 core:PlantMachinery 2024-12-31 04404089 core:FurnitureFittings 2024-12-31 04404089 core:ComputerEquipment 2024-12-31 04404089 2024-12-31 04404089 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 04404089 bus:OrdinaryShareClass1 2025-12-31 04404089 bus:OrdinaryShareClass1 2024-12-31 04404089 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04404089 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04404089 bus:FRS102 2025-01-01 2025-12-31 04404089 bus:Audited 2025-01-01 2025-12-31 04404089 bus:Director1 2025-01-01 2025-12-31 04404089 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP