IRIS Accounts Production v26.1.10.61 08272371 Board of Directors 31.12.25 1.1.25 31.12.25 31.12.25 Medium entities These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. a holding company. true true true false true true false false false false false false false false true false Ordinary 0 Ordinary A 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08272371 2024-12-31 08272371 2025-12-31 08272371 2025-01-01 2025-12-31 08272371 2024-01-31 08272371 2024-02-01 2024-12-31 08272371 2024-12-31 08272371 ns15:EnglandWales 2025-01-01 2025-12-31 08272371 ns14:PoundSterling 2025-01-01 2025-12-31 08272371 ns10:Director1 2025-01-01 2025-12-31 08272371 ns10:Consolidated 2025-12-31 08272371 ns10:ConsolidatedGroupCompanyAccounts 2025-01-01 2025-12-31 08272371 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08272371 ns10:Consolidated ns10:MediumEntities 2025-01-01 2025-12-31 08272371 ns10:Consolidated ns10:Audited 2025-01-01 2025-12-31 08272371 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08272371 ns10:Consolidated 2025-01-01 2025-12-31 08272371 ns10:Consolidated ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 08272371 ns10:Medium-sizedCompaniesRegimeForAccounts ns10:Consolidated 2025-01-01 2025-12-31 08272371 ns10:FullAccounts 2025-01-01 2025-12-31 08272371 ns5:Subsidiary1 2025-01-01 2025-12-31 08272371 ns5:Subsidiary2 2025-01-01 2025-12-31 08272371 ns5:Subsidiary3 2025-01-01 2025-12-31 08272371 ns5:Subsidiary4 2025-01-01 2025-12-31 08272371 ns5:Subsidiary5 2025-01-01 2025-12-31 08272371 1 2025-01-01 2025-12-31 08272371 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 08272371 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 08272371 ns10:Director2 2025-01-01 2025-12-31 08272371 ns10:RegisteredOffice 2025-01-01 2025-12-31 08272371 ns10:Consolidated 2024-02-01 2024-12-31 08272371 ns5:CurrentFinancialInstruments 2025-12-31 08272371 ns5:CurrentFinancialInstruments 2024-12-31 08272371 ns5:ShareCapital 2025-12-31 08272371 ns5:ShareCapital 2024-12-31 08272371 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 08272371 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 08272371 ns5:ShareCapital 2024-01-31 08272371 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 08272371 ns5:RetainedEarningsAccumulatedLosses 2024-02-01 2024-12-31 08272371 ns5:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 08272371 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 08272371 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-12-31 08272371 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-12-31 08272371 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-12-31 08272371 ns5:CostValuation 2024-12-31 08272371 1 ns5:Subsidiary1 2025-01-01 2025-12-31 08272371 ns5:Subsidiary2 3 2025-01-01 2025-12-31 08272371 5 ns5:Subsidiary3 2025-01-01 2025-12-31 08272371 ns5:Subsidiary4 7 2025-01-01 2025-12-31 08272371 9 ns5:Subsidiary5 2025-01-01 2025-12-31 08272371 ns10:OrdinaryShareClass1 2025-12-31 08272371 ns10:OrdinaryShareClass2 2025-12-31

REGISTERED NUMBER: 08272371 (England and Wales)

GROUP STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

CLEAR SOLUTIONS (HOLDINGS) LIMITED

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Group Strategic Report | 2 |

Report of the Directors | 3 |

Report of the Independent Auditors | 4 |

Consolidated Income Statement | 7 |

Consolidated Other Comprehensive Income | 8 |

Consolidated Balance Sheet | 9 |

Company Balance Sheet | 10 |

Consolidated Statement of Changes in Equity | 11 |

Company Statement of Changes in Equity | 12 |

Consolidated Cash Flow Statement | 13 |

Notes to the Consolidated Cash Flow Statement | 14 |

Notes to the Consolidated Financial Statements | 16 |

CLEAR SOLUTIONS (HOLDINGS) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | C E Mansell

| J R Mansell

| REGISTERED OFFICE: | Unit B3 Wem Industrial Estate

| Soulton Road

| Wem

| Shropshire

| SY4 5SD

| REGISTERED NUMBER: | 08272371 (England and Wales)

| AUDITORS: | Prime

| Chartered Accountants

| Statutory Auditor

| Corner Oak

| 1 Homer Road

| Solihull

| B91 3QG

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The directors present their strategic report of the company and the group for the year ended 31 December 2025.

REVIEW OF BUSINESS

2025 has seen both an increase in turnover and a return to profitability for the business driven by an upturn in the USA market where a number of new customers have been acquired. This was despite having to deal with the new USA import tariffs being introduced during the year. The UK and European businesses have been consistent with last year. Turnover increased by 18.3% and gross margin increased to 37.4% from 32.4%. There was a net profit before tax for the period of £312k which represented a turnaround of £1.195m, compared to last year.

PRINCIPAL RISKS AND UNCERTAINTIES

Uncertainty in global markets

The administration in the USA has created significant uncertainty in the international arena with their imposition of new tariffs on imports into the USA and the recent Iran War. These are in addition to the wars in Ukraine and Lebanon, all of which continue to impact the energy markets and global supply chain. The supply base continues to be diversified to reduce reliance on any one region or supplier. We have made good progress on expanding our product offering which has enabled us to enter new markets and attract new customers.

ANALYSIS BASED UPON KEY PERFORMANCE INDICATORS

The key business indicators are turnover, gross margin and net profit. Turnover increased from last year by 18.3% and gross margins improved to 37.4%. There was a net profit of £312k for the period.

I would like to thank all the staff for their hard work and dedication during the year and look forward to building upon this in 2026.

ON BEHALF OF THE BOARD:

J R Mansell - Director

2 July 2026

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 DECEMBER 2025

The directors present their report with the financial statements of the company and the group for the year ended 31 December 2025.

DIVIDENDS

There were no dividends paid for the year ended 31 December 2025 (period ended 31 December 2024: £200,000).

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

C E Mansell

J R Mansell

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Prime, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

J R Mansell - Director

2 July 2026

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

CLEAR SOLUTIONS (HOLDINGS) LIMITED

Opinion

We have audited the financial statements of Clear Solutions (Holdings) Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 December 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the group's and of the parent company affairs as at 31 December 2025 and of the group's profit for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

CLEAR SOLUTIONS (HOLDINGS) LIMITED

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

- | the parent company financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the industry sector;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation;

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence;

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

CLEAR SOLUTIONS (HOLDINGS) LIMITED

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining accounting estimates were indicative of potential bias; and

- investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;

- enquiring of management as to actual and potential litigation and claims; and

- reviewing correspondence with HMRC and other relevant parties.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jeremy Kitson BA FCA (Senior Statutory Auditor)

for and on behalf of Prime

Chartered Accountants

Statutory Auditor

Corner Oak

1 Homer Road

Solihull

B91 3QG

2 July 2026

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

CONSOLIDATED INCOME STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

TURNOVER | 3 | 9,567,286 |  | 8,088,905 |  |

Cost of sales | 5,988,798 |  | 5,468,473 |  |

GROSS PROFIT | 3,578,488 |  | 2,620,432 |  |

Administrative expenses | 3,196,304 |  | 3,392,195 |  |

382,184 |  | (771,763 | ) |

Other operating income | 51,282 |  | 2,000 |  |

OPERATING PROFIT/(LOSS) | 5 | 433,466 |  | (769,763 | ) |

Interest receivable and similar income | 5,536 |  | 35 |  |

439,002 |  | (769,728 | ) |

Interest payable and similar expenses | 7 | 76,776 |  | 113,133 |  |

PROFIT/(LOSS) BEFORE TAXATION | 362,226 |  | (882,861 | ) |

Tax on profit/(loss) | 8 | 27,033 |  | (181,674 | ) |

PROFIT/(LOSS) FOR THE FINANCIAL YEAR | 335,193 |  | (701,187 | ) |

Profit/(loss) attributable to:

Owners of the parent | 335,193 |  | (701,187 | ) |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

CONSOLIDATED OTHER COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 DECEMBER 2025

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

PROFIT/(LOSS) FOR THE YEAR | 335,193 |  | (701,187 | ) |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 335,193 |  | (701,187 | ) |

Total comprehensive income attributable to:

Owners of the parent | 335,193 |  | (701,187 | ) |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

CONSOLIDATED BALANCE SHEET

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 11 | 2,087 |  | 2,746 |  |

Tangible assets | 12 | 680,966 |  | 765,983 |  |

Investments | 13 | - |  | - |  |

683,053 |  | 768,729 |  |

CURRENT ASSETS

Stocks | 14 | 1,367,524 |  | 2,492,936 |  |

Debtors | 15 | 1,291,661 |  | 939,887 |  |

Cash at bank | 1,288,294 |  | 708,531 |  |

3,947,479 |  | 4,141,354 |  |

CREDITORS

Amounts falling due within one year | 16 | 1,212,321 |  | 1,632,769 |  |

NET CURRENT ASSETS | 2,735,158 |  | 2,508,585 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,418,211 |  | 3,277,314 |  |

CREDITORS

Amounts falling due after more than one year | 17 | (204,907 | ) | (408,426 | ) |

PROVISIONS FOR LIABILITIES | 21 | (47,018 | ) | (37,795 | ) |

NET ASSETS | 3,166,286 |  | 2,831,093 |  |

CAPITAL AND RESERVES

Called up share capital | 22 | 100 |  | 100 |  |

Retained earnings | 23 | 3,166,186 |  | 2,830,993 |  |

SHAREHOLDERS' FUNDS | 3,166,286 |  | 2,831,093 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by:

J R Mansell - Director

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

COMPANY BALANCE SHEET

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 11 | - |  | - |  |

Tangible assets | 12 | - |  | - |  |

Investments | 13 | 38,164 |  | 38,164 |  |

38,164 |  | 38,164 |  |

CURRENT ASSETS

Cash at bank | 630 |  | 792 |  |

CREDITORS

Amounts falling due within one year | 16 | 38,061 |  | 38,061 |  |

NET CURRENT LIABILITIES | (37,431 | ) | (37,269 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 733 |  | 895 |  |

CAPITAL AND RESERVES

Called up share capital | 22 | 100 |  | 100 |  |

Retained earnings | 633 |  | 795 |  |

SHAREHOLDERS' FUNDS | 733 |  | 895 |  |

Company's (loss)/profit for the financial year | (162 | ) | 199,917 |  |

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

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

J R Mansell - Director

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 February 2024 | 100 |  | 3,732,180 |  | 3,732,280 |  |

Changes in equity

Dividends | - |  | (200,000 | ) | (200,000 | ) |

Total comprehensive income | - |  | (701,187 | ) | (701,187 | ) |

Balance at 31 December 2024 | 100 |  | 2,830,993 |  | 2,831,093 |  |

Changes in equity

Total comprehensive income | - |  | 335,193 |  | 335,193 |  |

Balance at 31 December 2025 | 100 |  | 3,166,186 |  | 3,166,286 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 February 2024 | 100 |  | 878 |  | 978 |  |

Changes in equity

Dividends | - |  | (200,000 | ) | (200,000 | ) |

Total comprehensive income | - |  | 199,917 |  | 199,917 |  |

Balance at 31 December 2024 | 100 |  | 795 |  | 895 |  |

Changes in equity

Total comprehensive income | - |  | (162 | ) | (162 | ) |

Balance at 31 December 2025 | 100 |  | 633 |  | 733 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

CONSOLIDATED CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 1,434,649 |  | 517,654 |  |

Interest paid | (76,776 | ) | (113,133 | ) |

Finance costs paid | - |  | 25,000 |  |

Tax paid | (120,739 | ) | (107,125 | ) |

Net cash from operating activities | 1,237,134 |  | 322,396 |  |

Cash flows from investing activities

Purchase of intangible fixed assets | - |  | (200 | ) |

Purchase of tangible fixed assets | (31,144 | ) | (10,976 | ) |

Interest received | 5,536 |  | 35 |  |

Net cash from investing activities | (25,608 | ) | (11,141 | ) |

Cash flows from financing activities

Loan repayments | (220,000 | ) | (201,666 | ) |

Hire purchase repayments | (108,282 | ) | (103,071 | ) |

Exceptional cost associated with finance | - |  | (25,000 | ) |

Equity dividends paid | - |  | (200,000 | ) |

Net cash from financing activities | (328,282 | ) | (529,737 | ) |

Increase/(decrease) in cash and cash equivalents | 883,244 |  | (218,482 | ) |

Cash and cash equivalents at beginning of year | 2 | 217,562 |  | 436,044 |  |

Cash and cash equivalents at end of year | 2 | 1,100,806 |  | 217,562 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | RECONCILIATION OF PROFIT/(LOSS) BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Profit/(loss) before taxation | 362,226 |  | (882,861 | ) |

| Depreciation charges | 168,028 |  | 151,753 |  |

| Finance costs | 76,776 |  | 113,133 |  |

| Finance income | (5,536 | ) | (35 | ) |

601,494 |  | (618,010 | ) |

| Decrease in stocks | 1,125,412 |  | 697,211 |  |

| (Increase)/decrease in trade and other debtors | (320,937 | ) | 88,166 |  |

| Increase in trade and other creditors | 28,680 |  | 350,287 |  |

| Cash generated from operations | 1,434,649 |  | 517,654 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Year ended 31 December 2025

| 31.12.25 |  | 1.1.25

£ | £ |

| Cash and cash equivalents | 1,288,294 |  | 708,531 |  |

| Bank overdrafts | (187,488 | ) | (490,969 | ) |

1,100,806 |  | 217,562 |  |

| Period ended 31 December 2024

| 31.12.24 |  | 1.2.24

£ | £ |

| Cash and cash equivalents | 708,531 |  | 757,493 |  |

| Bank overdrafts | (490,969 | ) | (321,449 | ) |

217,562 |  | 436,044 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

3. | ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS

| Other |

| non-cash |

| At 1.1.25 | Cash flow | changes | At 31.12.25

£ | £ | £ | £ |

| Net cash |

| Cash at bank | 708,531 |  | 579,763 |  | 1,288,294 |  |

| Bank overdrafts | (490,969 | ) | 303,481 |  | (187,488 | ) |

217,562 |  | 883,244 |  | 1,100,806 |  |

| Debt

| Finance leases | (364,820 | ) | 108,282 |  | (51,208 | ) | (307,746 | ) |

| Debts falling due

| within 1 year | (219,999 | ) | 220,000 |  | (120,001 | ) | (120,000 | ) |

| Debts falling due

| after 1 year | (136,668 | ) | - |  | 120,001 |  | (16,667 | ) |

(721,487 | ) | 328,282 |  | (51,208 | ) | (444,413 | ) |

| Total | (503,925 | ) | 1,211,526 |  | (51,208 | ) | 656,393 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Clear Solutions (Holdings) 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 General 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Basis of consolidation

| The Group consolidated financial statements include the financial statements of the Company and all of its subsidiary undertakings made up to 31 December 2025.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Patents and licences are being amortised evenly over their estimated useful life.

| Tangible fixed assets

| Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery |  | - Varying rates based upon cost and anticipated asset life |  |

| Fittings fixtures and equipment |  | - Varying rates based upon cost and anticipated asset life |  |

| Motor vehicles |  | - Varying rates based upon cost and anticipated asset life |  |

| If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Basic financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement within other administrative expenses.

| Other financial assets and liabilities, such as loans, are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method.

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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

| 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.

| Pension costs and other post-retirement benefits

| The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

3. | TURNOVER

| The turnover and profit (2024 - loss) before taxation are attributable to the one principal activity of the group.

| An analysis of turnover by geographical market is given below:

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| United Kingdom | 1,960,740 |  | 1,586,710 |  |

| Other European markets | 3,717,462 |  | 3,254,880 |  |

| Rest of the world | 3,889,084 |  | 3,247,315 |  |

9,567,286 |  | 8,088,905 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

4. | EMPLOYEES AND DIRECTORS

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Wages and salaries | 2,046,289 |  | 2,289,963 |  |

| Other pension costs | 90,000 |  | 253,951 |  |

2,136,289 |  | 2,543,914 |  |

| The average number of employees during the year was as follows:

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

| Office and management | 13 |  | 14 |  |

| Sales | 9 |  | 12 |  |

| Production | 8 |  | 13 |  |

30 |  | 39 |  |

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Directors' remuneration | 217,227 |  | 178,603 |  |

| Directors' pension contributions to money purchase schemes | 90,000 |  | 253,951 |  |

| Information regarding the highest paid director for the year ended 31 December 2025 is as follows:

| Year ended |

| 31.12.25 |

£ |  |

| Emoluments etc | 129,689 |  |

| Pension contributions to money purchase schemes | 45,000 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

5. | OPERATING PROFIT/(LOSS)

| The operating profit (2024 - operating loss) is stated after charging/(crediting):

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Depreciation - owned assets | 167,369 |  | 151,204 |  |

| Patents and licences amortisation | 659 |  | 549 |  |

| Foreign exchange differences | 103,153 |  | (37,043 | ) |

6. | EXCEPTIONAL ITEMS

|  | 2025 |  |  | 2024 |  |

|  | £ |  |  | £ |  |

| Admin expenses |  | 53,320 |  |  | - |  |

| Finance costs |  | - |  |  | 25,000 |  |

| Total |  | 53,320 |  |  | 25,000 |  |

| Exceptional admin expenses include one-off costs for investment guidance and a contribution towards funeral costs for a staff member. These costs are included in administration expenses.

| Last year exceptional finance costs were those incurred on an aborted project to secure equity finance. These costs were included within interest payable and similar expenses below.

7. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank interest | 76,776 |  | 88,133 |  |

| Finance costs | - |  | 25,000 |  |

76,776 |  | 113,133 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

8. | TAXATION

| Analysis of the tax charge/(credit)

| The tax charge/(credit) on the profit for the year was as follows:

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Current tax:

| UK corporation tax | - |  | (25,002 | ) |

| Overseas tax payable | 17,257 |  | - |  |

| Total current tax | 17,257 |  | (25,002 | ) |

| Deferred tax | 9,776 |  | (156,672 | ) |

| Tax on profit/(loss) | 27,033 |  | (181,674 | ) |

| UK corporation tax has been charged at 25 % (2024 - 25 %).

| Reconciliation of total tax charge/(credit) included in profit and loss

| The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Profit/(loss) before tax | 362,226 |  | (882,861 | ) |

| Profit/(loss) multiplied by the standard rate of corporation tax in the UK of 25 % (2024 - 25 %) | 90,557 |  | (220,715 | ) |

| Effects of:

| Expenses not deductible for tax purposes | 12,535 |  | 15,783 |  |

| Depreciation in excess of capital allowances | 33,486 |  | 29,920 |  |

| R&D expenditure | (112,323 | ) | (101,986 | ) |

| Movement in tax losses | (5,346 | ) | 245,681 |  |

| Overseas tax at differing rate | (1,652 | ) | 6,315 |  |

| Deferred tax movement | 9,776 |  | (156,672 | ) |

| Total tax charge/(credit) | 27,033 |  | (181,674 | ) |

9. | INDIVIDUAL INCOME STATEMENT

| As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

10. | DIVIDENDS

| Period

| 1.2.24

| Year ended |  | to

| 31.12.25 |  | 31.12.24

£ | £ |

| Ordinary shares of £1 each

| Interim | - |  | 200,000 |  |

11. | INTANGIBLE FIXED ASSETS

| Group

| Patents

| and

| licences

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 8,121 |  |

| AMORTISATION

| At 1 January 2025 | 5,375 |  |

| Amortisation for year | 659 |  |

| At 31 December 2025 | 6,034 |  |

| NET BOOK VALUE

| At 31 December 2025 | 2,087 |  |

| At 31 December 2024 | 2,746 |  |

| Company

| Patents

| and

| licences

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 1,118 |  |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | 1,118 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

12. | TANGIBLE FIXED ASSETS

| Group

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025 | 1,140,047 |  | 162,123 |  | 106,896 |  | 1,409,066 |  |

| Additions | 11,479 |  | 2,596 |  | 68,277 |  | 82,352 |  |

| At 31 December 2025 | 1,151,526 |  | 164,719 |  | 175,173 |  | 1,491,418 |  |

| DEPRECIATION

| At 1 January 2025 | 492,000 |  | 106,543 |  | 44,540 |  | 643,083 |  |

| Charge for year | 96,346 |  | 20,218 |  | 50,805 |  | 167,369 |  |

| At 31 December 2025 | 588,346 |  | 126,761 |  | 95,345 |  | 810,452 |  |

| NET BOOK VALUE

| At 31 December 2025 | 563,180 |  | 37,958 |  | 79,828 |  | 680,966 |  |

| At 31 December 2024 | 648,047 |  | 55,580 |  | 62,356 |  | 765,983 |  |

13. | FIXED ASSET INVESTMENTS

| Company

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 38,164 |  |

| NET BOOK VALUE

| At 31 December 2025 | 38,164 |  |

| At 31 December 2024 | 38,164 |  |

| The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

| Subsidiaries

| Clear Solutions International Limited

| Registered office: Unit B3 Wem Industrial Estate, Soulton Road, Wem, Shropshire, SY4 5SD

| Nature of business: Drilling fluid technology

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

13. | FIXED ASSET INVESTMENTS - continued

| Clear Solutions Gmbh

| Registered office: Hamburg, HRB 165470

| Nature of business: Drilling fluid technology

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Clear Solutions International Inc

| Registered office: Suite 300, 2245 Texas Drive, Sugar Land, Texas 77479

| Nature of business: Drilling fluid technology

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Clear Solutions Fluids Limited

| Registered office: Unit B3 Wem Industrial Estate, Soulton Road, Wem, Shropshire, SY4 5SD

| Nature of business: Drilling fluid technology

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Purebore Limited

| Registered office: Unit B3 Wem Industrial Estate, Soulton Road, Wem, Shropshire, SY4 5SD

| Nature of business: Dormant

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

14. | STOCKS

| Group |

2025 | 2024 |

£ | £ |

| Stocks | 1,367,524 |  | 2,492,936 |  |

15. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| Group |

2025 | 2024 |

£ | £ |

| Trade debtors | 876,905 |  | 526,090 |  |

| Other debtors | 44,043 |  | 177,394 |  |

| Tax | 62,154 |  | 31,317 |  |

| VAT | 224,938 |  | 120,432 |  |

| Prepayments | 83,621 |  | 84,654 |  |

1,291,661 |  | 939,887 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

16. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| Group |  | Company |

2025 | 2024 | 2025 | 2024 |

£ | £ | £ | £ |

| Bank loans and overdrafts (see note 18) | 307,488 |  | 710,968 |  | - |  | - |  |

| Hire purchase contracts (see note 19) | 119,506 |  | 93,062 |  | - |  | - |  |

| Trade creditors | 636,517 |  | 532,261 |  | - |  | - |  |

| Amounts owed to group undertakings | - |  | - |  | 38,061 |  | 38,061 |  |

| Tax | 13,637 |  | 85,729 |  | - |  | - |  |

| Social security and other taxes | 50,713 |  | 42,775 |  | - |  | - |  |

| Other creditors | 11,304 |  | 1,233 |  | - |  | - |  |

| Accrued expenses | 73,156 |  | 166,741 |  | - |  | - |  |

1,212,321 |  | 1,632,769 |  | 38,061 |  | 38,061 |  |

17. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| Group |

2025 | 2024 |

£ | £ |

| Bank loans (see note 18) | 16,667 |  | 136,668 |  |

| Hire purchase contracts (see note 19) | 188,240 |  | 271,758 |  |

204,907 |  | 408,426 |  |

18. | LOANS

| An analysis of the maturity of loans is given below:

| Group |

2025 | 2024 |

£ | £ |

| Amounts falling due within one year or | on demand: |

| Bank overdrafts | 187,488 |  | 490,969 |  |

| Bank loans | 120,000 |  | 219,999 |  |

307,488 |  | 710,968 |  |

| Amounts falling due between one and | two years: |

| Bank loans - 1-2 years | 16,667 |  | 136,668 |  |

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

19. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Group

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 119,506 |  | 93,062 |  |

| Between one and five years | 188,240 |  | 271,758 |  |

307,746 |  | 364,820 |  |

20. | SECURED DEBTS

| HSBC Bank PLC and HSBC UK Bank PLC hold a charge over the assets of the company.

21. | PROVISIONS FOR LIABILITIES

| Group |

2025 | 2024 |

£ | £ |

| Deferred tax | 47,018 |  | 37,795 |  |

| Group

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 37,795 |  |

| Provided during year | 55,126 |  |

| Utilised during year | (45,903 | ) |

| Balance at 31 December 2025 | 47,018 |  |

22. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 80 | Ordinary | £1 | 80 |  | 100 |  |

| 20 | Ordinary A | £1 | 20 |  | - |  |

100 |  | 100 |  |

| On 27 December 2025 shares in the parent company of 100 Ord £1 shares were redesignated to 80 Ord £1 shares and 20 Ord A £1 shares.

CLEAR SOLUTIONS (HOLDINGS) LIMITED (REGISTERED NUMBER: 08272371)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

23. | RESERVES

| Group

| Retained

| earnings

£ |

| At 1 January 2025 | 2,830,993 |  |

| Profit for the year | 335,193 |  |

| At 31 December 2025 | 3,166,186 |  |

24. | 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.

| Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

25. | ULTIMATE CONTROLLING PARTY

| The Group is under the effective control of James Mansell, Director, who holds 80% of the issued share capital of the parent company.