Company Registration No. 09859093 (England and Wales)
Argex UK & IRL Limited
Unaudited accounts
for the year ended 31 December 2025
Argex UK & IRL Limited
Unaudited accounts
Contents
Argex UK & IRL Limited
Company Information
for the year ended 31 December 2025
Directors
Timothy John Michael Hegarty
Gareth Moores
Company Number
09859093 (England and Wales)
Registered Office
Castle Hill House
12 Castle Hill
Windsor
Berkshire
SL4 1PD
England
Accountants
James Norman Business Advisory Limited
Castle Hill House
12 Castle Hill
Windsor
SL4 1PD
Argex UK & IRL Limited
Statement of financial position
as at 31 December 2025
Tangible assets
24,603
29,729
Inventories
746,188
455,981
Debtors
1,120,921
1,379,347
Cash at bank and in hand
199,677
90,076
Creditors: amounts falling due within one year
(1,670,966)
(1,610,114)
Net current assets
395,820
315,290
Total assets less current liabilities
420,423
345,019
Provisions for liabilities
Deferred tax
(6,151)
(7,433)
Net assets
414,272
337,586
Called up share capital
1
1
Profit and loss account
414,271
337,585
Shareholders' funds
414,272
337,586
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by
Timothy John Michael Hegarty
Director
Company Registration No. 09859093
Argex UK & IRL Limited
Notes to the Accounts
for the year ended 31 December 2025
Argex UK & IRL Limited is a private company, limited by shares, registered in England and Wales, registration number 09859093. The registered office is Castle Hill House, 12 Castle Hill, Windsor, Berkshire, SL4 1PD, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Computer equipment
25% Reducing Balance
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 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.
Argex UK & IRL Limited
Notes to the Accounts
for the year ended 31 December 2025
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
3
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
52,100
-
52,100
At 31 December 2025
52,100
1,322
53,422
At 1 January 2025
22,371
-
22,371
Charge for the year
6,200
248
6,448
At 31 December 2025
28,571
248
28,819
At 31 December 2025
23,529
1,074
24,603
At 31 December 2024
29,729
-
29,729
Amounts falling due within one year
Trade debtors
916,719
1,159,063
Amounts due from group undertakings etc.
180,751
181,791
Accrued income and prepayments
3,451
3,493
Other debtors
20,000
35,000
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
752,303
756,248
Taxes and social security
44,196
28,155
Other creditors
504,002
623,194
Loans from directors
13,985
985
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Argex UK & IRL Limited
Notes to the Accounts
for the year ended 31 December 2025
7
Transactions with related parties
Included in debtors are the following balances:
-Euro-Agg (Holdings) Ltd £83,920 (2024: £85,265)
-Euro-Agg DMCC £95,234 (2024: £95,234)
-Maxrete £838 (2024: £712)
-Euro-Agg £759 (2024: £580)
All of the companies named above are owned and controlled by the directors.
The parent company is Euro-Agg (Holdings) Limited, the registered office address is 7 High Street, Windsor, England, SL1 8DF.
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).