REGISTERED NUMBER: 12596984 (England and Wales)

Group Strategic Report,

Report of the Director and

Consolidated Financial Statements

for the Year Ended 31 October 2025

for

Tenby Holdings Limited

Page

Company Information

1

Group Strategic Report

2

Report of the Director

4

Report of the Independent Auditors

5

Consolidated Statement of Comprehensive Income

7

Consolidated Balance Sheet

8

Company Balance Sheet

9

Consolidated Statement of Changes in Equity

10

Company Statement of Changes in Equity

11

Consolidated Cash Flow Statement

12

Notes to the Consolidated Cash Flow Statement

13

Notes to the Consolidated Financial Statements

14

DIRECTOR:

C P Lewis

REGISTERED OFFICE:

C/o Acuity Law Limited 3 Assembly Square

Britannia Quay

Cardiff

United Kingdom

CF10 4PL

REGISTERED NUMBER:

12596984 (England and Wales)

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

Alexandra House

43 Alexandra St

Nottingham

Nottinghamshire

NG5 1AY

The director presents his strategic report of the company and the group for the year ended 31 October 2025.

REVIEW OF BUSINESS

The Tenby Holdings Group showed an increase in turnover for the period to £12,712,643 (2024: £12,037,441) and profit before tax of £88,342 (2024: £989,102 loss).

Tenby Holdings Limited is the ultimate holding company for Solar Fabrications Holdings Limited which in turn is the holding company for four subsidiary companies, three of which act as trading companies with principal operations within the glazing fabrication industry. As a group, Tenby has seen an increase in profitability with improved trading performance of the subsidiaries and further sale of assets.

Performance of the subsidiaries within the Solar Fabrications group can be summarised as follows:

Solar Calibre Doors Limited

The company is a manufacturer of GRP and timber doors for the trade, new build and local authority markets. Despite a challenging trading environment, the company showed an improvement in profitability through competitive procurement, cost focused specification revision and the sale of assets. This resulted in pre-tax profits of £109,352 (2024: £265,117 loss).

Through a continuation of the actions taken in 2025 the company's performance continues to improve.

Solar Norvik Limited

The company is an installer of the Group's window and door components into the new build housing sector. The company has achieved growth through delivering excellent service, quality and flexibility to the developer customers. Reputation is building positively with referrals and repeat business contributing to sustained growth.

Turnover increased to £6,714,633 (2024: £5,713,926). Pre-tax profits were £53,925 (2024: £14,472).

Taylor Manufacturing Limited

The company is a manufacturer of window and door products for the trade and new build markets. Its main operation has become to produce products for Solar Norvik Limited and therefore sales revenue is derived from this sector. The company successfully completed its entry into the Leisure Home sector.

Turnover increased to £5,908,176 (2024: £5,313,065). Pre-tax losses were £56,555 (2024: £722,079 loss).

In order to ensure the continued growth of Taylor Manufacturing the company will still seek additional sales and diversification into other market sectors.

PRINCIPAL RISKS AND UNCERTAINTIES

A risk management process is fundamental to the Group, with major risks identified and mitigated.

The major risks and uncertainties for the group are:-

- Effectiveness of the Supply Chain

The group is dependent on a relatively small number of suppliers for key materials in the manufacture of certain products. Should there, for any reason, be an interruption in supply, production of the group's products could be delayed. It is felt that this is mitigated however by the long-standing relationships that both the owner has had as a customer, and the Managing Director had as an employee. The group endeavours not to rely on specific supply chains.

- Increased Raw Material and Utility prices that cannot be recovered from the customers

Prices are carefully monitored, and alternative sources maintained, to ensure pricing remains competitive. As a larger group our owner is able to obtain competitive pricing for all companies. Any price increases that we do have are generally passed onto the customer.

- Current Conflicts around the World

These can lead to supply shortages, increased transport cost, and higher material prices, which in turn lead to lower customer demand. All of the companies' suppliers are UK based.

- UK Economic Market Conditions

The Group is dependent on the UK market, which remains depressed due to relatively high interest rates, inflation and global conflict.

KEY PERFORMANCE INDICATORS

Tenby Holdings Limited consolidated performance is reported as:

2025 2024

Turnover £12,712,643 £12,037,441

Profit/(loss) before tax £88,342 (£989,102)

Group cash balances £908,116 £785,275

The Group is committed to:

- Paying its supply chain on time, with suppliers paid on or before their due dates;

- High service levels to its customers.

These commitments are closely monitored.

ON BEHALF OF THE BOARD:

C P Lewis - Director

20 July 2026

The director presents his report with the financial statements of the company and the group for the year ended 31 October 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of operating as a holding company in support of its subsidiaries. The group manufactures uPVC windows and doors, together with GRP and timber door products.

DIVIDENDS

No dividends will be distributed for the year ended 31 October 2025.

DIRECTOR

C P Lewis held office during the whole of the period from 1 November 2024 to the date of this report.

PROFESSIONAL INDEMNITY INSURANCE

The group takes out indemnity insurance on behalf of the director.

DISCLOSURE IN THE STRATEGIC REPORT

The director has prepared a review of the business, together with a summary of the principal risks and uncertainties affecting the company and group, and these are detailed within the Strategic Report. The report includes an explanation of the company and group's financial risk management policies.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Group Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 director must not approve the financial statements unless he is 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 director is 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 director is 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 him to ensure that the financial statements comply with the Companies Act 2006. He is 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 director is 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 he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

ON BEHALF OF THE BOARD:

C P Lewis - Director

20 July 2026

Opinion

We have audited the financial statements of Tenby Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 October 2025 which comprise the Consolidated Statement of 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 October 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 director's 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Director, 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.

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 Director 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 Director 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 Director.

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 director's remuneration specified by law are not made; or

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

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page four, the director is 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 director determines 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 director is 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 director either intends to liquidate the group or the parent company or to cease operations, or has 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:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

Our approach included obtaining an understanding of the legal and regulatory frameworks that are applicable to the company and we determined those that are most significant. Based on the results of our risk assessment we designed audit procedures to identify non-compliance with such laws and regulations. The specific procedures included enquiry of management and those charged with governance around actual and potential litigation and claims.

In addition, and based on the results of our risk assessment we designed audit procedures to identify and address material misstatements in relation to fraud. Specifically we considered the risk of fraud through management override that may lead to a misappropriation of assets or inappropriate financial reporting. In response, we performed audit work over the risk of management override of controls, including testing journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

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.

Steven Newman LLB BFP FCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

Alexandra House

43 Alexandra St

Nottingham

Nottinghamshire

NG5 1AY

20 July 2026

TURNOVER

3

12,712,643

12,037,441

Cost of sales

8,932,659

8,918,513

GROSS PROFIT

3,779,984

3,118,928

Distribution costs

696,573

752,107

Administrative expenses

3,045,668

3,409,443

3,742,241

4,161,550

37,743

(1,042,622

)

Other operating income

72,433

53,518

OPERATING PROFIT/(LOSS)

5

110,176

(989,104

)

Interest payable and similar expenses

6

21,834

(2

)

PROFIT/(LOSS) BEFORE TAXATION

88,342

(989,102

)

Tax on profit/(loss)

7

30,131

119,547

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

58,211

(1,108,649

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

58,211

(1,108,649

)

Profit/(loss) attributable to:

Owners of the parent

52,390

(1,007,303

)

Non-controlling interests

5,821

(101,346

)

58,211

(1,108,649

)

Total comprehensive income attributable to:

Owners of the parent

52,389

(1,007,303

)

Non-controlling interests

5,822

(101,346

)

58,211

(1,108,649

)

FIXED ASSETS

Intangible assets

9

504

604

Tangible assets

10

292,181

175,673

Investments

11

-

-

292,685

176,277

CURRENT ASSETS

Stocks

12

1,191,014

1,611,675

Debtors

13

3,271,895

3,832,929

Cash at bank and in hand

908,116

785,275

5,371,025

6,229,879

CREDITORS

Amounts falling due within one year

14

4,309,111

5,139,534

NET CURRENT ASSETS

1,061,914

1,090,345

TOTAL ASSETS LESS CURRENT LIABILITIES

1,354,599

1,266,622

PROVISIONS FOR LIABILITIES

16

70,655

40,890

NET ASSETS

1,283,944

1,225,732

CAPITAL AND RESERVES

Called up share capital

17

100

100

Retained earnings

18

1,381,613

1,329,223

SHAREHOLDERS' FUNDS

1,381,713

1,329,323

NON-CONTROLLING INTERESTS

(97,769

)

(103,591

)

TOTAL EQUITY

1,283,944

1,225,732

The financial statements were approved by the director and authorised for issue on 20 July 2026 and were signed by:

C P Lewis - Director

FIXED ASSETS

Intangible assets

9

504

604

Tangible assets

10

-

-

Investments

11

900

900

1,404

1,504

CURRENT ASSETS

Debtors

13

3,578,482

5,034,721

Cash at bank and in hand

9,884

5,570

3,588,366

5,040,291

CREDITORS

Amounts falling due within one year

14

1,541,149

2,972,754

NET CURRENT ASSETS

2,047,217

2,067,537

TOTAL ASSETS LESS CURRENT LIABILITIES

2,048,621

2,069,041

CAPITAL AND RESERVES

Called up share capital

17

100

100

Retained earnings

18

2,048,521

2,068,941

SHAREHOLDERS' FUNDS

2,048,621

2,069,041

Company's loss for the financial year

(20,420

)

(95,193

)

The financial statements were approved by the director and authorised for issue on 20 July 2026 and were signed by:

C P Lewis - Director

Called up

share

Retained

Non-controlling

Total

capital

earnings

Total

interests

equity

£

£

£

£

£

Balance at 1 November 2023

100

2,336,526

2,336,626

(2,245

)

2,334,381

Changes in equity

Total comprehensive income

-

(1,007,303

)

(1,007,303

)

(101,346

)

(1,108,649

)

Balance at 31 October 2024

100

1,329,223

1,329,323

(103,591

)

1,225,732

Changes in equity

Total comprehensive income

-

52,390

52,390

5,822

58,212

Balance at 31 October 2025

100

1,381,613

1,381,713

(97,769

)

1,283,944

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 November 2023

100

2,164,134

2,164,234

Changes in equity

Total comprehensive income

-

(95,193

)

(95,193

)

Balance at 31 October 2024

100

2,068,941

2,069,041

Changes in equity

Total comprehensive income

-

(20,420

)

(20,420

)

Balance at 31 October 2025

100

2,048,521

2,048,621

Cash flows from operating activities

Cash generated from operations

1

774,437

(551,197

)

Interest paid

(21,834

)

2

Tax paid

(661,096

)

(308

)

Net cash from operating activities

91,507

(551,503

)

Cash flows from investing activities

Purchase of tangible fixed assets

(241,684

)

(60,013

)

Sale of tangible fixed assets

273,018

-

Net cash from investing activities

31,334

(60,013

)

Increase/(decrease) in cash and cash equivalents

122,841

(611,516

)

Cash and cash equivalents at beginning of year

2

785,275

1,396,791

Cash and cash equivalents at end of year

2

908,116

785,275

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

2025

2024

£

£

Profit/(loss) before taxation

88,342

(989,102

)

Depreciation charges

85,263

56,991

Profit on disposal of fixed assets

(233,005

)

-

Finance costs

21,834

(2

)

(37,566

)

(932,113

)

Decrease/(increase) in stocks

420,661

(52,341

)

Decrease in trade and other debtors

561,034

1,909,105

Decrease in trade and other creditors

(169,692

)

(1,475,848

)

Cash generated from operations

774,437

(551,197

)

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 October 2025

31.10.25

1.11.24

£

£

Cash and cash equivalents

908,116

785,275

Year ended 31 October 2024

31.10.24

1.11.23

£

£

Cash and cash equivalents

785,275

1,396,791

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.11.24

Cash flow

At 31.10.25

£

£

£

Net cash

Cash at bank and in hand

785,275

122,841

908,116

785,275

122,841

908,116

Total

785,275

122,841

908,116

1.	STATUTORY INFORMATION

Tenby 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.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity, rounded to the nearest £.

Basis of consolidation

The consolidated financial statements include the financial statements of the company and its subsidiary undertakings made up to 31 October 2025 to the extent of the group's interest in those undertakings and after eliminating intra-group transactions.

In the company's financial statements, investments in subsidiary undertakings are stated at cost less provision for permanent diminution in value.

A separate income statement for the parent company has not been presented in accordance with Section 408 of the Companies Act 2006.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements:

Stock valuations and recoverability of trading assets - these involve judgements as to pricing and the extent to which provisions are required to account for the risk of irrecoverability or obsolescence.

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 of ten years.

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

-

20% on cost and Straight line over 3, 5 or 10 years

Fixtures and fittings

-

Straight line over 3 years

Motor vehicles

-

20% on cost, Straight line over 5 - 10 years and Straight line over 2 years

Computer equipment

-

Straight line over 3 years

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

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

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.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Statement of Comprehensive Income, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The financial statements have been prepared on a going concern basis. The director has assessed the company and group’s ability to continue in operational existence for the foreseeable future, which is at least 12 months from the date of approval of the financial statements.

As part of this assessment, the director has considered the company and group’s current financial position, cash flow forecasts, and available funding. Based on this review, the director has a reasonable expectation that the company and group has adequate resources to continue in business and meet its liabilities as they fall due.

Accordingly, the financial statements do not include any adjustments that would result if the company were unable to continue as a going concern.

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 class of business is given below:

2025

2024

£

£

Sale of goods

12,712,643

12,037,441

12,712,643

12,037,441

An analysis of turnover by geographical market is given below:

2025

2024

£

£

United Kingdom

12,712,643

12,037,441

12,712,643

12,037,441

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

3,208,445

3,020,117

Social security costs

160,617

141,063

Other pension costs

30,723

29,677

3,399,785

3,190,857

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

2025

2024

Maintenance and admin

89

85

2025

2024

£

£

Director's remuneration

-

-

5.	OPERATING PROFIT/(LOSS)

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

2025

2024

£

£

Hire of plant and machinery

59,520

50,934

Other operating leases

514,541

563,338

Depreciation - owned assets

85,163

56,888

Profit on disposal of fixed assets

(233,005

)

-

Patents and licences amortisation

100

101

Auditors' remuneration

39,520

37,450

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank interest

-

(2

)

Interest payable

21,834

-

21,834

(2

)