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Registered number: 07840643
Nationwide Plant Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
LM Accounting ACMA
11 Mardley Hill
Welwyn
Herts
AL6 0UE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07840643
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,590,980 1,859,539
1,590,980 1,859,539
CURRENT ASSETS
Debtors 5 1,168,460 1,184,405
Cash at bank and in hand 329,715 410,190
1,498,175 1,594,595
Creditors: Amounts Falling Due Within One Year 6 (1,117,244 ) (1,062,993 )
NET CURRENT ASSETS (LIABILITIES) 380,931 531,602
TOTAL ASSETS LESS CURRENT LIABILITIES 1,971,911 2,391,141
Creditors: Amounts Falling Due After More Than One Year 7 (939,734 ) (1,138,432 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (20,081 )
NET ASSETS 1,032,177 1,232,628
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 1,032,176 1,232,627
SHAREHOLDERS' FUNDS 1,032,177 1,232,628
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For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Colin Murphy
Director
31/07/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Nationwide Plant Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07840643 . The registered office is 2 Oak Cottages, Chalk Street, Rettendon Common, Chelmsford, CM3 8DD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2024: 16)
16 16
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2024 5,718,440 824,997 19,850 17,319 6,580,606
Additions 770,910 40,877 - 2,474 814,261
Disposals - 30,059 - - 30,059
As at 31 October 2025 6,489,350 895,933 19,850 19,793 7,424,926
Depreciation
As at 1 November 2024 3,992,508 691,947 19,293 17,319 4,721,067
Provided during the period 1,055,826 55,932 295 826 1,112,879
As at 31 October 2025 5,048,334 747,879 19,588 18,145 5,833,946
Net Book Value
As at 31 October 2025 1,441,016 148,054 262 1,648 1,590,980
As at 1 November 2024 1,725,932 133,050 557 - 1,859,539
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 674,966 829,951
Other debtors 56,250 16,250
Deferred tax current asset 36,656 -
VAT - 15,839
Director's loan account 78,157 -
846,029 862,040
Due after more than one year
Amounts owed by associates 322,431 322,365
1,168,460 1,184,405
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 621,764 475,589
Trade creditors 437,304 566,127
Other loans (41,299 ) -
Other taxes and social security 33,151 19,379
VAT 63,239 -
Barclaycard 2,131 1,275
Pension control 1,025 370
Other creditors (3) (71 ) -
Director's loan account - 253
1,117,244 1,062,993
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 939,734 1,138,432
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 621,764 475,589
Later than one year and not later than five years 939,734 1,138,432
1,561,498 1,614,021
1,561,498 1,614,021
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2025
£ £ £ £ £
Mr Colin Murphy - 197,721 119,565 - 78,156
The above loan is unsecured and repayable on demand.  Interest is chargeable.
11. Related Party Transactions
NPS-UK LimitedAssociated companyAs at the balance sheet date Nationwide Plant Solutions Limited was owed £964 by NPS-UK Limited

NPS-UK Limited

Associated company

As at the balance sheet date Nationwide Plant Solutions Limited was owed £964 by NPS-UK Limited

Nationwide Lifitng Solutions LimitedAssociated companyAs at the balance sheet date Nationwide Plant Solutions Ltd was owed £380,234 by Nationwide Lifting Solutions Limited

Nationwide Lifitng Solutions Limited

Associated company

As at the balance sheet date Nationwide Plant Solutions Ltd was owed £380,234 by Nationwide Lifting Solutions Limited

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