Company Registration No. 15390386 (England and Wales)
Mastermesh Wire Limited
Unaudited accounts
for the year ended 31 January 2026
Mastermesh Wire Limited
Unaudited accounts
Contents
Mastermesh Wire Limited
Company Information
for the year ended 31 January 2026
Company Number
15390386 (England and Wales)
Registered Office
The Rubb Building
Alveley Industrial Estate
Alveley
Bridgnorth
Shropshire
WV15 6HG
England
Mastermesh Wire Limited
Statement of financial position
as at 31 January 2026
Intangible assets
3,083
4,083
Tangible assets
49,467
58,052
Inventories
235,615
145,275
Cash at bank and in hand
37,656
80,882
Creditors: amounts falling due within one year
(260,795)
(267,249)
Net current assets
67,811
30,517
Total assets less current liabilities
120,361
92,652
Provisions for liabilities
Deferred tax
(12,693)
(14,513)
Called up share capital
100
100
Profit and loss account
107,568
78,039
Shareholders' funds
107,668
78,139
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 July 2026 and were signed on its behalf by
J Rowlandson
Director
Company Registration No. 15390386
Mastermesh Wire Limited
Notes to the Accounts
for the year ended 31 January 2026
Mastermesh Wire Limited is a private company, limited by shares, registered in England and Wales, registration number 15390386. The registered office is The Rubb Building, Alveley Industrial Estate, Alveley, Bridgnorth, Shropshire, WV15 6HG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Mastermesh Wire Limited
Notes to the Accounts
for the year ended 31 January 2026
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2025
56,650
7,766
64,416
At 31 January 2026
56,650
7,766
64,416
At 1 February 2025
5,458
906
6,364
Charge for the year
7,679
906
8,585
At 31 January 2026
13,137
1,812
14,949
At 31 January 2026
43,513
5,954
49,467
At 31 January 2025
51,192
6,860
58,052
Amounts falling due within one year
Trade debtors
47,459
63,733
Accrued income and prepayments
7,876
7,876
Mastermesh Wire Limited
Notes to the Accounts
for the year ended 31 January 2026
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
125,172
67,953
Taxes and social security
13,420
14,515
Loans from directors
58,900
59,900
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Average number of employees
During the year the average number of employees was 9 (2025: 8).