Premaberg Manufacturing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01070741

Premaberg Manufacturing Limited

Filleted Financial Statements

31 December 2025

Premaberg Manufacturing Limited

Statement of Financial Position

31 December 2025

	2025	2024
		(restated)
Note	£	£

Fixed assets

Tangible assets	5	178,427	103,898

Current assets

Stocks		727,461	678,611
Debtors	6	3,124,393	2,511,255
Cash at bank and in hand		1,389,048	1,390,088
		------------	------------
		5,240,902	4,579,954

Creditors: amounts falling due within one year	7	1,725,215	1,393,675
		------------	------------
Net current assets		3,515,687	3,186,279
		------------	------------
Total assets less current liabilities		3,694,114	3,290,177

Provisions	26,504	11,263
	------------	------------
Net assets	3,667,610	3,278,914
	------------	------------

Capital and reserves

Called up share capital	10	9,500	9,500
Capital redemption reserve		500	500
Profit and loss account		3,657,610	3,268,914
		------------	------------
Shareholders funds		3,667,610	3,278,914
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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 were approved by the board of directors and authorised for issue on 13 July 2062 , and are signed on behalf of the board by:

J Richardson

Director

Company registration number: 01070741

Premaberg Manufacturing Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Third Avenue, Bluebridge Industrial Estate, Halstead, CO9 2SX, Essex.

2. Accounting policies

2.1 Basis of preparation

These financial statements have been prepared in accordance with 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 disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts 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

2.2 Work in progress

Work in progress is recognised to the extent that no right to consideration exists for work at the balance sheet date. It is valued at the lower of cost and net realisable value.

2.3 Revenue recognition

Revenue comprises sales of goods provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

2.4 Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

2.5 Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

2.6 Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

2.7 Depreciation

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:

Long leasehold property	-	20% straight line
Plant and machinery	-	20% - 30% Straight line
Fixtures and fittings	-	20% - 33% Straight line
Motor vehicles	-	25% straight line

2.8 Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

2.9 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2.10 Defined contribution plans

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

3. Employee numbers

The average number of persons employed by the company during the year amounted to 48 (2024: 53 ).

4. Dividends

	2025	2024
		(restated)
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	192,434	763,200
	---------	---------

5. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 January 2025 (as restated)	49,960	481,268	267,902	36,076	835,206
Additions	2,470	103,231	26,432	–	132,133
Disposals	–	( 22,899)	–	–	( 22,899)
	--------	---------	---------	--------	---------
At 31 December 2025	52,430	561,600	294,334	36,076	944,440
	--------	---------	---------	--------	---------
Depreciation
At 1 January 2025	–	440,643	254,589	36,076	731,308
Charge for the year	10,488	34,235	12,881	–	57,604
Disposals	–	( 22,899)	–	–	( 22,899)
	--------	---------	---------	--------	---------
At 31 December 2025	10,488	451,979	267,470	36,076	766,013
	--------	---------	---------	--------	---------
Carrying amount
At 31 December 2025	41,942	109,621	26,864	–	178,427
	--------	---------	---------	--------	---------
At 31 December 2024	49,960	40,625	13,313	–	103,898
	--------	---------	---------	--------	---------

6. Debtors

	2025	2024
		(restated)
	£	£
Trade debtors	1,831,212	1,111,329
Amounts owed by group undertakings and undertakings in which the company has a participating interest	375,655	375,655
Other debtors	917,526	1,024,271
	------------	------------
	3,124,393	2,511,255
	------------	------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
		(restated)
	£	£
Trade debtors	198,245	215,304
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
		(restated)
	£	£
Trade creditors	196,900	177,450
Amounts owed to group undertakings	850,204	850,204
Accruals and deferred income	315,122	–
Corporation tax	176,580	160,749
Social security and other taxes	156,040	77,770
Other creditors	30,369	127,502
	------------	------------
	1,725,215	1,393,675
	------------	------------

A debenture, dated 9th June 1987, is in place securing all monies due or becoming due to national Westminster Bank PLC. All assets of the company secured an intercompany guarantee with all fellow group companies dated 26th March 1992.

8. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
		(restated)
	£	£
Included in provisions	26,504	11,263
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
		(restated)
	£	£
Accelerated capital allowances	26,504	11,263
	--------	--------

9. Prior period errors

A balance due to a group undertaking included in creditors falling due after more than one year at 31 December 2024 has been reclassified to creditors falling due within one year to reflect the correct payment terms. This reclassification has no impact on profit, net assets or shareholders' funds. Comparative figures have been restated accordingly.

10. Called up share capital

Issued, called up and fully paid

	2025		2024
			(restated)
	No.	£	No.	£
Ordinary shares of £ 1 each	9,500	9,500	9,500	9,500
	-------	-------	-------	-------

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
		(restated)
	£	£
Not later than 1 year	101,041	173,579
Later than 1 year and not later than 5 years	220,780	57,035
	---------	---------
	321,821	230,614
	---------	---------

12. Other financial commitments

The company is registered with H M Customs and Excise as a member of a group for VAT purposes and as a result is jointly and severally liable on a continuing basis for amounts owing by any other member of that group in respect to any unpaid VAT. The company has entered into contract to buy and sell forward currencies amount to € 511,671 (2024: £nil).

13. Summary audit opinion

The auditor's report dated 13 July 2026 was unqualified .

The senior statutory auditor was S P Martin , for and on behalf of Edmund Carr LLP .

14. Controlling party

The company’s immediate parent undertaking is Premaberg Holdings Limited, a company incorporated in England and Wales. The smallest group for which consolidated financial statements are prepared is that headed by Premaberg Holdings Limited. Copies of these financial statements are available from Companies House. The ultimate controlling party, by virtue of its controlling interest in Premaberg Holdings Limited, is The Kenneth Anthony Beverley Shares Trust .