KME STEELWORKS LTD

Company Registration Number:
NI036080 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

KME STEELWORKS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

KME STEELWORKS LTD

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 1,875,431 1,731,081
Total fixed assets: 1,875,431 1,731,081
Current assets
Stocks: 1,199,084 888,206
Debtors:   1,410,723 1,117,689
Cash at bank and in hand: 168,171 554,314
Total current assets: 2,777,978 2,560,209
Creditors: amounts falling due within one year:   (1,714,553) (1,147,092)
Net current assets (liabilities): 1,063,425 1,413,117
Total assets less current liabilities: 2,938,856 3,144,198
Creditors: amounts falling due after more than one year:   (146,203) (205,807)
Provision for liabilities: (132,111) (173,617)
Total net assets (liabilities): 2,660,542 2,764,774
Capital and reserves
Called up share capital: 11,428 9,001
Share premium account: 82,272 24,024
Profit and loss account: 2,566,842 2,731,749
Shareholders funds: 2,660,542 2,764,774

The notes form part of these financial statements

KME STEELWORKS LTD

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 June 2026
and signed on behalf of the board by:

Name: Jason Quinn
Status: Director

The notes form part of these financial statements

KME STEELWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: Land and buildings leasehold - 2% straight line Plant and machinery - 20% reducing balance Fixtures, fittings and equipment - 15% reducing balance Motor vehicles - 25% reducing balance

KME STEELWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 79 94

KME STEELWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible Assets

Total
Cost £
At 01 January 2025 4,362,826
Additions 386,717
Disposals (215,659)
At 31 December 2025 4,533,884
Depreciation
At 01 January 2025 2,631,745
Charge for year 216,584
On disposals (189,876)
At 31 December 2025 2,658,453
Net book value
At 31 December 2025 1,875,431
At 31 December 2024 1,731,081