UK WWL LIMITED


Directors	MONAGHAN, Joseph Patrick
	PEACOCK, Thomas Michael


Company Secretary	KAZMI, Syed Haris


Registered Address	Unit 16 Thames Gateway Park
	Chequers Lane
	Dagenham
	RM9 6FB


Registered Number	11398414 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		109,824		274,884
			109,824		274,884
Current assets
Stocks	4	337,393		446,228
Debtors		3,736,817		5,104,700
Cash at bank and on hand		206,987		375,516
		4,281,197		5,926,444
Creditors amounts falling due within one year	5	(1,707,130)		(1,958,407)
Net current assets (liabilities)			2,574,067		3,968,037
Total assets less current liabilities			2,683,891		4,242,921
Creditors amounts falling due after one year	6		(3,394,330)		(3,915,364)
Provisions for liabilities	7		(20,867)		(52,245)
Accruals and deferred income			(98,000)		(177,677)
Net assets			(829,306)		97,635
Capital and reserves
Profit and loss account			(829,306)		97,635
Shareholders' funds			(829,306)		97,635

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 August 2026, and are signed on its behalf by:

PEACOCK, Thomas Michael
Director
Registered Company No. 11398414

UK WWL LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	The directors acknowledge that the company incurred a significant loss during the year and had net liabilities of £833,451 at 31 December 2025. The company is dependent upon achieving forecast trading results and the continued financial support of related parties. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern. Nevertheless, after considering available funding facilities, ongoing support from related parties and cash flow forecasts prepared by management, the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include the adjustments that would be required if the company were unable to continue as a going concern.

Going concern

The directors acknowledge that the company incurred a significant loss during the year and had net liabilities of £833,451 at 31 December 2025. The company is dependent upon achieving forecast trading results and the continued financial support of related parties.
These conditions indicate the existence of a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern. Nevertheless, after considering available funding facilities, ongoing support from related parties and cash flow forecasts prepared by management, the directors consider it appropriate to prepare the financial statements on a going concern basis.
The financial statements do not include the adjustments that would be required if the company were unable to continue as a going concern.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Fixtures and fittings	5
	Office Equipment	5

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

	Related parties
	During the year, the company entered into transactions in the ordinary course of business with other entities under common control within the Worldwide Logistics group. The company received financial support from related parties through a combination of intercompany loans and current account balances. Interest of £129,531 (2024: £43,627) was charged on intercompany loan balances during the year and included within interest payable and similar charges. At the year end, amounts due to related parties were as follows: 2025 2024 £ £ Amounts owed to related parties: 1,267,826 866,750 Current account balances due to 682,789 900,976 group undertakings: Total 1,950,615 1,767,726 The balances are unsecured, have no fixed repayment date and are repayable on demand unless otherwise agreed between the parties. The directors consider that the company has benefited from the continued financial support of related parties and expects such support to continue for the foreseeable future.

Related parties

During the year, the company entered into transactions in the ordinary course of business with other entities under common control within the Worldwide Logistics group.
The company received financial support from related parties through a combination of intercompany loans and current account balances. Interest of £129,531 (2024: £43,627) was charged on intercompany loan balances during the year and included within interest payable and similar charges.
At the year end, amounts due to related parties were as follows:
			                                                       2025	          	 2024
			                                                          £		             £
					
Amounts owed to related parties:			1,267,826		866,750
					
Current account balances due to			   682,789		900,976
group undertakings:					
					
Total		                                                1,950,615	    1,767,726

The balances are unsecured, have no fixed repayment date and are repayable on demand unless otherwise agreed between the parties.
The directors consider that the company has benefited from the continued financial support of related parties and expects such support to continue for the foreseeable future.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	31		36

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 25	416,578	283,904	128,750	829,232
Additions	7,900	-	1,696	9,596
Disposals	(104,952)	(29,243)	-	(134,195)
At 31 December 25	319,526	254,661	130,446	704,633
Depreciation and impairment
At 01 January 25	223,697	242,116	88,535	554,348
Charge for year	8,877	34,803	25,200	68,880
On disposals	-	(28,419)	-	(28,419)
At 31 December 25	232,574	248,500	113,735	594,809
Net book value
At 31 December 25	86,952	6,161	16,711	109,824
At 31 December 24	192,881	41,788	40,215	274,884

4.	Stocks

	2025	2024
	£	£
Payments on account, stocks	337,393	446,228
Total	337,393	446,228

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	988,327	1,049,781
Taxation and social security	41,376	36,022
Other creditors	677,427	872,604
Total	1,707,130	1,958,407

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	716,310	902,964
Amounts owed to related parties	1,267,826	866,750
Other creditors	1,410,194	2,145,650
Total	3,394,330	3,915,364

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	20,867	52,245
Total	20,867	52,245