Perdix Offshore Limited - Filleted accounts

Registered number

16226140

Perdix Offshore Limited

Filleted Accounts

28 February 2026

Perdix Offshore Limited
Registered number:		16226140
Balance Sheet
as at 28 February 2026

Notes			2026

Fixed assets
Tangible assets	3		11,530

Current assets
Stocks and work in progress		67,382
Debtors	4	330,700
Cash at bank and in hand		274,067
		672,149

Creditors: amounts falling due within one year	5	(309,198)

Net current assets			362,951

Total assets less current liabilities			374,481

Creditors: amounts falling due after more than one year	6		(6,055)

Provisions for liabilities			(2,883)


Net assets			365,543

Capital and reserves
Called up share capital			1
Profit and loss account			365,542

Shareholder's funds			365,543

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D G Partridge
Director
Approved by the board on 4 June 2026

Perdix Offshore Limited
Notes to the Accounts
for the period from 3 February 2025 to 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026
Number

	Average number of persons employed by the company		1


3	Tangible fixed assets
				Plant and machinery etc

	Cost
	Additions			12,262
	At 28 February 2026			12,262

	Depreciation
	Charge for the period			732
	At 28 February 2026			732

	Net book value
	At 28 February 2026			11,530


4	Debtors		2026


	Trade debtors		299,190
	Other debtors		31,510
			330,700


5	Creditors: amounts falling due within one year		2026


	Obligations under finance lease and hire purchase contracts		4,274
	Trade creditors		173,385
	Taxation and social security costs		127,299
	Other creditors		4,240
			309,198


6	Creditors: amounts falling due after one year		2026


	Obligations under finance lease and hire purchase contracts		6,055


7	Loans		2026

	Creditors include:

	Secured hire purchase creditors		10,329

	The hire purchase creditors are secured on specific assets owned by the company.


8	Related party transactions

	Advances, Credits and Guarantees At the balance sheet date, the following amounts were due from/(to) the directors: Loan balance: £(2,725). The loans are interest free, unsecured and repayable on demand.


9	Controlling party

	Mr D G Partridge, who owns 100% of the issued share capital, is considered to be the controlling party.


10	Other information

	Perdix Offshore Limited is a private company limited by shares and incorporated in England. Its registered office is:
	21 St Matthews Close
	Renishaw
	Sheffield
	Derbyshire
	S21 3WT