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Registration number: 08793253

Signspeed Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 30 November 2025

Signspeed Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Financial Statements | 4 to 12

Signspeed Ltd

Company Information

Directors | Donna James Sam Morgan

Registered office | Unit 5 Carew Airfield Business Park Carew Sageston Tenby Pembrokeshire SA70 8SX

Signspeed Ltd

(Registration number: 08793253)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 6 | 103,515 | 115,586
Tangible assets | 7 | 58,094 | 25,845
|  | 161,609 | 141,431
Current assets |  |  |
Stocks | 8 | 6,945 | 11,679
Debtors | 9 | 80,250 | 72,689
Cash at bank and in hand |  | 17,758 | 15,221
|  | 104,953 | 99,589
Creditors: Amounts falling due within one year | 10 | (83,128) | (82,995)
Net current assets |  | 21,825 | 16,594
Total assets less current liabilities |  | 183,434 | 158,025
Creditors: Amounts falling due after more than one year | 10 | (96,873) | (34,385)
Provisions for liabilities |  | (12,454) | (4,911)
Net assets |  | 74,107 | 118,729
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 74,007 | 118,629
Total equity |  | 74,107 | 118,729

Signspeed Ltd

(Registration number: 08793253)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 16 July 2026 and signed on its behalf by:

......................................... Donna James Director | ......................................... Sam Morgan Director |

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 5 Carew Airfield Business Park
Carew
Sageston
Tenby
Pembrokeshire
SA70 8SX

These financial statements were authorised for issue by the Board on 16 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% reducing balance
Fixtures and fittings | 20% reducing balance
Computer equipment | 25% reducing balance
Motor vehicles | 20% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 5% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 6).

4 | Loss/profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 5,590 | 7,033
Amortisation expense | 12,070 | 12,070

5 | Prior period adjustment

A number of misstatements were made in the previous years accounts, adjustments have been made as restatements of retained earnings in this years accounts to reflect this.

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

6 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 December 2024 | 241,414 | 241,414
At 30 November 2025 | 241,414 | 241,414
Amortisation
At 1 December 2024 | 125,828 | 125,828
Amortisation charge | 12,071 | 12,071
At 30 November 2025 | 137,899 | 137,899
Carrying amount
At 30 November 2025 | 103,515 | 103,515
At 30 November 2024 | 115,586 | 115,586

7 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £
Cost or valuation
At 1 December 2024 | 5,400 | 42,564 | 27,667 | 19,894
Additions | - | 9,855 | 4,860 | 20,990
At 30 November 2025 | 5,400 | 52,419 | 32,527 | 40,884
Depreciation
At 1 December 2024 | 2,950 | 34,928 | 20,809 | 8,859
Charge for the year | 490 | 1,101 | 1,792 | 2,207
At 30 November 2025 | 3,440 | 36,029 | 22,601 | 11,066
Carrying amount
At 30 November 2025 | 1,960 | 16,390 | 9,926 | 29,818
At 30 November 2024 | 2,450 | 5,502 | 6,858 | 11,035

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

| Total £
Cost or valuation
At 1 December 2024 | 95,525
Additions | 35,705
At 30 November 2025 | 131,230
Depreciation
At 1 December 2024 | 67,546
Charge for the year | 5,590
At 30 November 2025 | 73,136
Carrying amount
At 30 November 2025 | 58,094
At 30 November 2024 | 25,845

8 | Stocks

| 2025 £ | 2024 £
Other inventories | 6,945 | 11,679

9 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 27,850 | 33,390
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 13 | 52,400 | 39,299
|  | 80,250 | 72,689

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

10 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 12 | 14,446 | 10,248
Trade creditors |  | 16,368 | 13,894
Taxation and social security |  | 23,077 | 17,194
Outstanding defined contribution pension costs |  | 1,065 | 881
Other creditors |  | 12,636 | 4,275
Director 1 current account |  | 899 | 22,229
Director 2 current account |  | 14,637 | 14,274
|  | 83,128 | 82,995

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 12 | 96,123 | 33,635
Other financial liabilities |  | 750 | 750
|  | 96,873 | 34,385

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

11 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Class A of £50 each | 1 | 50 | 1 | 50
Ordinary Class B of £50 each | 1 | 50 | 1 | 50
| 2 | 100 | 2 | 100

12 | Loans and borrowings

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank borrowings | 78,138 | 28,864
HP and finance lease liabilities | 17,985 | 4,771
| 96,123 | 33,635

| 2025 £ | 2024 £
Current loans and borrowings
Bank borrowings | 6,670 | 6,670
HP and finance lease liabilities | 7,776 | 3,578
| 14,446 | 10,248

Signspeed Ltd

Notes to the Financial Statements for the Year Ended 30 November 2025

13 | Related party transactions

Transactions with directors

2025 | At 1 December 2024 £ | At 30 November 2025 £
Donna James
| (22,229) | (22,229)
Sam Morgan
| (14,274) | (14,274)

2024 | At 1 December 2023 £ | Advances to director £ | Repayments by director £ | At 30 November 2024 £
Donna James
| (20,000) | 6,847 | (9,076) | (22,229)
Sam Morgan
| (12,026) | 421 | (2,669) | (14,274)

Loans to related parties

2025 | Other related parties £
At start of period | 53,369

2024 | Other related parties £
At start of period | 53,369

14 | Parent and ultimate parent undertaking

The ultimate controlling party is Signspeed Holdings Limited.