REGISTERED NUMBER: 02896068 (England and Wales)

ATEQ UK LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

J M M Mouchet

L B Gerard

SECRETARY:

M A Athersmith

REGISTERED OFFICE:

Unit 71

Heming Road

Washford Industrial Estate

Redditch

Worcestershire

B98 0EA

REGISTERED NUMBER:

02896068 (England and Wales)

SENIOR STATUTORY AUDITOR:

Richard James Beresford

AUDITORS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Tangible assets

4

3,956

5,944

CURRENT ASSETS

Stocks

50,954

62,657

Debtors

5

216,131

118,123

Cash at bank

694,437

759,927

961,522

940,707

CREDITORS

Amounts falling due within one year

6

119,674

195,673

NET CURRENT ASSETS

841,848

745,034

TOTAL ASSETS LESS CURRENT LIABILITIES

845,804

750,978

PROVISIONS FOR LIABILITIES

989

1,486

NET ASSETS

844,815

749,492

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

834,815

739,492

SHAREHOLDERS' FUNDS

844,815

749,492

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by and authorised for issue by the Board of Directors and authorised for issue on 15 June 2026 and were signed on its behalf by:

L B Gerard - Director

1.	STATUTORY INFORMATION

ATEQ UK 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 Company 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents the fair value of consideration receivable from the sale of leak and flow testing equipment and the provision of calibration, servicing and support services, net of VAT and trade discounts.

In accordance with FRS 102 Section 23, revenue from the sale of goods is recognised when control passes to the customer, being when the goods are delivered and accepted, and revenue from services and support contracts is recognised over the period in which the services are provided.

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 etc

-

33% on cost, 25% on cost and 20% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

73,845

Additions

2,019

Disposals

(1,750

)

At 31 December 2025

74,114

DEPRECIATION

At 1 January 2025

67,901

Charge for year

4,007

Eliminated on disposal

(1,750

)

At 31 December 2025

70,158

NET BOOK VALUE

At 31 December 2025

3,956

At 31 December 2024

5,944

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

186,133

94,243

Other debtors

29,998

23,880

216,131

118,123

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

7,118

16,331

Amounts owed to group undertakings

31,100

29,292

Taxation and social security

34,186

68,214

Other creditors

47,270

81,836

119,674

195,673

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Richard James Beresford (Senior Statutory Auditor)

for and on behalf of Charles Lovell & Co Limited

8.	OTHER FINANCIAL COMMITMENTS

The company had total commitments at the balance sheet date of £70,847 (2024 - £87,747).

9.	RELATED PARTY DISCLOSURES

During the year the company had net sales to Ateq S.A, the parent company of £145,102.07 (2024: £163,198.35) and purchases of £191,322.94 (2024: £281,843.51). The company owed to Ateq S.A. £26,955.13 at the balance sheet date (2024:.£14,879.41).

During the year the company had net purchases of £Nil (2024: £14,413.47) from Ateq USA, an associated company. The company owed to Ateq USA £Nil at the balance sheet date (2024: £14,413.47).

During the year the company had net purchases of £733.36 (2024: £574.64) from Ateq Canada, an associated company. The company owed Ateq Canada £733.36 at the balance sheet date (2024: £Nil).

During the year the company had net purchases of £5,959.62 (2024: £9,508.26) from Ateq Europe, an associated company. The company owed Ateq Europe £nil at the balance sheet date (2024: £Nil).

During the year the company had net purchases of £2,428.48 (2024: £3,300.74) from Ateq India, an associated company. The company owed Ateq India £nil at the balance sheet date (2024: £Nil).

During the year the company had net sales to Control Technology - China, an associated company, of £34,024 (2024: £Nil) and purchases of £34,024 (2024: £Nil). The company owed to Control Technology - China £Nil at the balance sheet date (2024: £Nil).

During the year the company had net purchases of £3,412.41 (2024: £Nil) from Ateq Sweden AB, an associated company. The company owed Ateq Sweden AB £3,412.41 at the balance sheet date (2024: £Nil).

During the year the company had net sales to Ateq GmbH, an associated company of £2,667.36 (2024: £Nil). The company owed to Ateq GmbH £Nil at the balance sheet date (2024: £Nil).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is ATEQ, France.