REGISTERED NUMBER: 10301359 (England and Wales)

PIONEER HOLDINGS UK LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

P Critchley

A D Caceres

R Sanchez

REGISTERED OFFICE:

Unit 5

Hamilton Road

S Park Business Park

Stockport

SK1 2AE

REGISTERED NUMBER:

10301359 (England and Wales)

SENIOR STATUTORY AUDITOR:

Kerry Burr FCA

AUDITORS:

Clarke Nicklin LLP

Chartered Accountants and

Statutory Auditors

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Investments

4

212

212

CURRENT ASSETS

Debtors

5

895,566

895,160

CREDITORS

Amounts falling due within one year

6

897,398

897,400

NET CURRENT LIABILITIES

(1,832

)

(2,240

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,620

)

(2,028

)

CAPITAL AND RESERVES

Called up share capital

406

200

Retained earnings

(2,026

)

(2,228

)

SHAREHOLDERS' FUNDS

(1,620

)

(2,028

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

P Critchley - Director

1.	STATUTORY INFORMATION

Pioneer Holdings 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.

Related party exemption

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 September 2024

and 31 August 2025

212

NET BOOK VALUE

At 31 August 2025

212

At 31 August 2024

212

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

895,160

895,160

Other debtors

406

-

895,566

895,160

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

897,188

897,188

Other creditors

210

212

897,398

897,400

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

The Report of the Auditors was unqualified.

Kerry Burr FCA (Senior Statutory Auditor)

for and on behalf of Clarke Nicklin LLP

8.	RELATED PARTY DISCLOSURES

At the year end date, the company owed £897,188 (2024: £897,188) to its subsidiary undertaking Pioneer Digital Solutions Limited. The balance is unsecured, interest free and repayable on demand.

9.	POST BALANCE SHEET EVENTS

On 3 December 2025, the immediate parent company, Pioneer Holdings Global Limited sold 100% of its share capital to Managed Information Technologies Limited, a company incorporated in England and became a 100% subsidiary of the Jusede Investments, S.L. group.

10.	ULTIMATE CONTROLLING PARTY

During the year, Pioneer Holdings Global Limited was the ultimate controlling party.

From 3 December 2025, following the sale of the share capital of Pioneer Holdings Global Ltd, the ultimate controlling party is Jusede Investments, S.L. a company incorporated in Spain.