Company registration number 06457061 (England and Wales)
MANNINGS USA (UK) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MANNINGS USA (UK) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
MANNINGS USA (UK) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,996
2,815
Current assets
Debtors
4
167,972
165,973
Cash at bank and in hand
23,426
68,448
191,398
234,421
Creditors: amounts falling due within one year
5
(478,685)
(441,943)
Net current liabilities
(287,287)
(207,522)
Net liabilities
(285,291)
(204,707)
Capital and reserves
Called up share capital
50,000
50,000
Profit and loss reserves
(335,291)
(254,707)
Total equity
(285,291)
(204,707)

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 15 April 2026 and are signed on its behalf by:
Mr P D Smith
Director
Company registration number 06457061 (England and Wales)
MANNINGS USA (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Mannings USA (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 5a, Slaidburn Industrial Estate, Slaidburn Crescent, Southport, Merseyside, PR9 9YF.

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
Going concern

The company is reliant of the support of its parent company Thermo International Services LLC, a company incorporated in the United States. The Directors of Thermo International Services LLC have confirmed their ongoing support for Mannings USA Limited for the foreseeable future. true

A t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover
Turnover is recognised when the company obtains the rights to consideration in exchange for its performance.

Revenue from the provision of professional services is recognised once complete, costs incurred can be estimated reliably.

1.4
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:

Short leasehold improvements
Over the course of the lease
Plant and machinery
33% Straight Line
Fixtures, fittings & equipment
25% Straight Line
Computer equipment
25% Straight Line
Motor vehicles
25% - 50% Straight Line

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.

MANNINGS USA (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.5
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).

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
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.

1.8
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.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

MANNINGS USA (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.10
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.

2
Employees

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

2025
2024
Number
Number
Total
3
3
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2025 and 31 December 2025
10,240
127,731
137,971
Depreciation and impairment
At 1 January 2025
8,624
126,532
135,156
Depreciation charged in the year
424
395
819
At 31 December 2025
9,048
126,927
135,975
Carrying amount
At 31 December 2025
1,192
804
1,996
At 31 December 2024
1,616
1,199
2,815
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
85,399
418
Other debtors
82,573
165,555
167,972
165,973
MANNINGS USA (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
3,661
3,710
Amounts owed to group undertakings
341,088
337,498
Taxation and social security
5,080
326
Other creditors
128,856
100,409
478,685
441,943

The amounts owed to group undertakings are secured by a first legal mortgage over the company's assets.

6
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

A director received rent from the company of £nil (20 24: £nil). At the year end £24,000 (2024: £24,000) remained unpaid.

Mannings (USA) UK Limited operates an interest free intercompany account with the parent company Thermo International Services LLC, a company registered in the United States. At the year end the balance owed to Thermo International Services LLC was £341,088 (2024: £337,498).

7
Parent company

The parent company of Mannings USA (UK) Limited is Thermo International Services LLC.

There is no ultimate controlling party.

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