Coremetrix UK Limited
Unaudited Financial Statements
For the year ended 31 December 2025
Pages for Filing with Registrar
Company Registration No. 10299796 (England and Wales)
Coremetrix UK Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 5
Coremetrix UK Limited
Balance Sheet
As at 31 December 2025
Page 1
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
81
317
Current assets
Debtors
5
21,140
611
Cash at bank and in hand
5,311
1,327
26,451
1,938
Creditors: amounts falling due within one year
6
(561,754)
(485,797)
Net current liabilities
(535,303)
(483,859)
Net liabilities
(535,222)
(483,542)
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
(535,223)
(483,543)
Total equity
(535,222)
(483,542)

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 July 2026 and are signed on its behalf by:
P A Meierhold
Director
Company Registration No. 10299796
Coremetrix UK Limited
Notes to the Financial Statements
For the year ended 31 December 2025
Page 2
1
Accounting policies
Company information

Coremetrix UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Orbital House, 20 Eastern Road, Romford, Essex, RM1 3PJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the balance sheet date, the company has net liabilities of true£535,222 (202 4: £483,542) and has made a loss during the year of £51,680 (202 4: £146,031).

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future with support from their parent company and for a period of at least twelve months following the approval of these financial statements.

The parent company has confirmed that it will not seek repayment of the loan of £545,432 within the foreseeable future and will provide continued financial support as required to enable the company to meet its obligations as they fall due for the foreseeable future.

T hus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Coremetrix UK Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
Page 3

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
20% straight line
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

IT equipment
33% straight line
1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Coremetrix UK Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 4
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Intangible fixed assets
Software
£
Cost
At 1 January 2025 and 31 December 2025
561,875
Amortisation and impairment
At 1 January 2025 and 31 December 2025
561,875
Carrying amount
At 31 December 2025
-
0
At 31 December 2024
-
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025
3,427
Additions
81
At 31 December 2025
3,508
Depreciation and impairment
At 1 January 2025
3,110
Depreciation charged in the year
317
At 31 December 2025
3,427
Carrying amount
At 31 December 2025
81
At 31 December 2024
317
Coremetrix UK Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 5
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
20,805
-
0
Other debtors
335
611
21,140
611
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,704
3,617
Amounts owed to group undertakings
545,432
462,591
Taxation and social security
3,667
4,187
Other creditors
10,951
15,402
561,754
485,797
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1

8
Related party transactions

At the balance sheet date, included within creditors is £545,432 (20 2 4: £462,591) due to Coremetrix LLC USA, the parent company.

9
Parent company

The parent company is Coremetrix LLC, 8250 Wildwood Lakes Dr. Boca Raton, FL, 33496. Coremetrix LLC is the ultimate parent company, incorporated and registered in the state of Delaware, USA.

2025-12-31 2025-01-01 false false false 16 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity M L Roiter P A Meierhold G F Drucaroff 10299796 2025-01-01 2025-12-31 10299796 2025-12-31 10299796 2024-12-31 10299796 core:OtherPropertyPlantEquipment 2025-12-31 10299796 core:OtherPropertyPlantEquipment 2024-12-31 10299796 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 10299796 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10299796 core:CurrentFinancialInstruments 2025-12-31 10299796 core:CurrentFinancialInstruments 2024-12-31 10299796 core:ShareCapital 2025-12-31 10299796 core:ShareCapital 2024-12-31 10299796 core:RetainedEarningsAccumulatedLosses 2025-12-31 10299796 core:RetainedEarningsAccumulatedLosses 2024-12-31 10299796 core:ShareCapitalOrdinaryShareClass1 2025-12-31 10299796 core:ShareCapitalOrdinaryShareClass1 2024-12-31 10299796 bus:Director2 2025-01-01 2025-12-31 10299796 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 10299796 core:ComputerSoftware 2025-01-01 2025-12-31 10299796 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 10299796 2024-01-01 2024-12-31 10299796 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 10299796 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 10299796 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 10299796 core:OtherPropertyPlantEquipment 2024-12-31 10299796 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 10299796 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 10299796 bus:OrdinaryShareClass1 2025-12-31 10299796 bus:OrdinaryShareClass1 2024-12-31 10299796 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10299796 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10299796 bus:FRS102 2025-01-01 2025-12-31 10299796 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 10299796 bus:Director1 2025-01-01 2025-12-31 10299796 bus:Director3 2025-01-01 2025-12-31 10299796 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP