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REGISTERED NUMBER: 00630103 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| P.M.D. (UK) LIMITED |

| P.M.D. (UK) LIMITED (REGISTERED NUMBER: 00630103) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| P.M.D. (UK) LIMITED |

COMPANY INFORMATION

for the year ended 31 December 2025

| DIRECTORS: | Mr B J Fisher

| Mr G B Noonan

| Mr M Callender

| Mr D C Warburton

| REGISTERED OFFICE: | Broad Lane

| Tile Hill

| Coventry

| West Midlands

| CV5 7AY

| REGISTERED NUMBER: | 00630103 (England and Wales)

| AUDITORS: | HB&O Ltd

| Chartered Accountants and Statutory Auditors

| Seven Stars House

| 1 Wheler Road

| Coventry

| CV3 4LB

| BANKERS: | National Westminster Bank Plc

| PO Box 301

| 24 Broadgate

| Coventry

| CV1 1ZZ

| P.M.D. (UK) LIMITED (REGISTERED NUMBER: 00630103) |

ABRIDGED BALANCE SHEET

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 303,868 |  | 304,736 |  |

303,868 |  | 304,736 |  |

CURRENT ASSETS

Stocks | 897,208 |  | 620,680 |  |

Debtors | 1,652,436 |  | 1,551,961 |  |

Cash at bank and in hand | 777,308 |  | 1,013,260 |  |

3,326,952 |  | 3,185,901 |  |

CREDITORS

Amounts falling due within one year | 1,069,847 |  | 1,017,186 |  |

NET CURRENT ASSETS | 2,257,105 |  | 2,168,715 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,560,973 |  | 2,473,451 |  |

PROVISIONS FOR LIABILITIES | 8 | 75,966 |  | 80,373 |  |

NET ASSETS | 2,485,007 |  | 2,393,078 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100,000 |  | 100,000 |  |

Retained earnings | 10 | 2,385,007 |  | 2,293,078 |  |

SHAREHOLDERS' FUNDS | 2,485,007 |  | 2,393,078 |  |

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by:

Mr B J Fisher - Director

| P.M.D. (UK) LIMITED (REGISTERED NUMBER: 00630103) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| P.M.D. (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.

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.

| The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

| Turnover

| Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance and Straight line over 5 years

| Motor vehicles | - | 33% on reducing balance

| Computer equipment | - | 20% on reducing balance

| Stocks and work in progress

| Stocks and work in progress are valued at the lower of cost and net realisable value. Cost of finished goods and work in progress includes overheads appropriate to the stage of manufacture. Net realisable value is based upon estimated selling price less further costs expected to be incurred to completion and disposal. Provision is made for obsolete and slow-moving items.

| Financial instruments

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised costs using effective interest rate method, less impairment. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any loses arising from impairment are recognised in the income statement.

| Taxation

| 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.

| P.M.D. (UK) LIMITED (REGISTERED NUMBER: 00630103) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| 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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| Foreign currencies

| 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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase and leasing commitments

| Where assets are financed by leasing agreements that give rights approximating to ownership (finance leases), the assets are treated as if they had been purchased outright. The amount capitalised is the present value of the minimum lease payments payable during the lease term. The corresponding leasing commitments are shown as obligations to the lessor.

| Lease payments are treated as consisting of capital and interest elements, and the interest is charged to the profit and loss account in proportion to the the remaining balance outstanding.

| All other leases are operating leases and the annual rentals are charged to the profit and loss on a straight line basis over the lease term.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution scheme. The amount charged to the profit and loss account in respect of pension costs and other post retirement benefits is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

| Purchased goodwill and trademarks

| Goodwill representing the excess of the purchase price compared with the fair value of the net assets acquired is capitalised and written off evenly over the period over which the goodwill is effective.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 49 (2024 - 47 ) .

| P.M.D. (UK) LIMITED (REGISTERED NUMBER: 00630103) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 273,023 |  |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | 273,023 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2025 | 1,403,874 |  |

| Additions | 50,791 |  |

| At 31 December 2025 | 1,454,665 |  |

| DEPRECIATION

| At 1 January 2025 | 1,099,138 |  |

| Charge for year | 51,659 |  |

| At 31 December 2025 | 1,150,797 |  |

| NET BOOK VALUE

| At 31 December 2025 | 303,868 |  |

| At 31 December 2024 | 304,736 |  |

6. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 76,320 |  | 76,320 |  |

| P.M.D. (UK) LIMITED (REGISTERED NUMBER: 00630103) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Other creditors | 700,808 |  | 644,639 |  |

| The company has guaranteed the overdrafts of its parent undertaking and fellow subsidiary undertakings. At 31 December 2025 the total overdrafts in the group amounted to £874,278 (2024 - £1,118,070).

| In addition the company has guaranteed the bank loan of its parent undertaking. At 31 December 2025 the loan amounted to £170,325 (2024 - £215,707).

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax

| Accelerated capital allowances | 75,966 |  | 80,373 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 80,373 |  |

| Provided during year | (4,407 | ) |

| Balance at 31 December 2025 | 75,966 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100,000 | Ordinary | £1 | 100,000 |  | 100,000 |  |

10. | RESERVES

| Retained

| earnings

£ |

| At 1 January 2025 | 2,293,078 |  |

| Profit for the year | 591,929 |  |

| Dividends | (500,000 | ) |

| At 31 December 2025 | 2,385,007 |  |

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

| The Report of the Auditors was unqualified.

| Wayne Gutteridge ACA (Senior Statutory Auditor)

| for and on behalf of HB&O Ltd

| P.M.D. (UK) LIMITED (REGISTERED NUMBER: 00630103) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

12. | PENSION COMMITMENTS

| The company operates a defined contribution pension scheme in respect of certain employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £46,026 (2024 - £42,344). At 31 December 2025 outstanding contributions amounted to £11,618 (2024 - £9,626).

13. | RELATED PARTY DISCLOSURES

| 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.

| During the year Fisher & Partners (Management Services) Limited, a company in which B J Fisher is a director, provided management accounting services to P.M.D. (UK) Limited totalling £18,649 (2024 - £17,784). The amount due to the related party at the balance sheet date was £6,699 (2024 - £6,380).

14. | ULTIMATE PARENT COMPANY

| The company is a wholly owned subsidiary of PMD Group Limited, a company incorporated in England and Wales.