Atlantic Pumps Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09400148

Atlantic Pumps Limited

Filleted Unaudited Financial Statements

31 December 2025

Atlantic Pumps Limited

Financial Statements

Year ended 31 December 2025

Contents	Pages

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 8

Atlantic Pumps Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Atlantic Pumps Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Atlantic Pumps Limited for the year ended 31 December 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Atlantic Pumps Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Atlantic Pumps Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Atlantic Pumps Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Atlantic Pumps Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Atlantic Pumps Limited. You consider that Atlantic Pumps Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Atlantic Pumps Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

17 August 2026

Atlantic Pumps Limited

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	90,497	211,491
Tangible assets	6	766,987	782,238
		---------	---------
		857,484	993,729

Current assets

Stocks		2,269,082	2,137,067
Debtors	8	2,551,986	2,722,931
Cash at bank and in hand		73,640	133,606
		------------	------------
		4,894,708	4,993,604

Creditors: amounts falling due within one year	9	2,775,949	2,506,647
		------------	------------
Net current assets		2,118,759	2,486,957
		------------	------------
Total assets less current liabilities		2,976,243	3,480,686

Creditors: amounts falling due after more than one year	10	240,506	296,119

Provisions	10,114	45,980
	------------	------------
Net assets	2,725,623	3,138,587
	------------	------------

Atlantic Pumps Limited

Statement of Financial Position (continued)

31 December 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	125	125
Share premium account	25,616	25,616
Capital redemption reserve	5	5
Profit and loss account	2,699,877	3,112,841
	------------	------------
Shareholders funds	2,725,623	3,138,587
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 4 August 2026 , and are signed on behalf of the board by:

Mr A Smith	Mr W Noakes
Director	Director

Company registration number: 09400148

Atlantic Pumps Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Carrwood Road, Chesterfield, Derbyshire, S41 9QB, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Patents, trademarks and licences	-	50% straight line
Website	-	20% Straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Motor vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 46 (2024: 41 ).

5. Intangible assets

	Patents, trademarks and licences	Website	Total
	£	£	£
Cost
At 1 January 2025 and 31 December 2025	470,914	4,967	475,881
	---------	-------	---------
Amortisation
At 1 January 2025	260,914	3,476	264,390
Charge for the year	120,000	994	120,994
	---------	-------	---------
At 31 December 2025	380,914	4,470	385,384
	---------	-------	---------
Carrying amount
At 31 December 2025	90,000	497	90,497
	---------	-------	---------
At 31 December 2024	210,000	1,491	211,491
	---------	-------	---------

6. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 January 2025	525,178	1,153,307	1,678,485
Additions	86,639	276,338	362,977
Disposals	( 83,119)	( 170,487)	( 253,606)
	---------	------------	------------
At 31 December 2025	528,698	1,259,158	1,787,856
	---------	------------	------------
Depreciation
At 1 January 2025	332,961	563,286	896,247
Charge for the year	94,371	216,596	310,967
Disposals	( 65,484)	( 120,861)	( 186,345)
	---------	------------	------------
At 31 December 2025	361,848	659,021	1,020,869
	---------	------------	------------
Carrying amount
At 31 December 2025	166,850	600,137	766,987
	---------	------------	------------
At 31 December 2024	192,217	590,021	782,238
	---------	------------	------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 December 2025	489,952
	---------
At 31 December 2024	466,857
	---------

7. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	90,650
	--------
Impairment
At 1 January 2025 and 31 December 2025	90,650
	--------

Carrying amount
At 31 December 2025	–
	--------
At 31 December 2024	–
	--------

In earlier years, the company acquired a majority shareholding in Infiniti Holdings Ltd, this was revalued to nil, due to accumulated losses in the subsidiary of Infiniti Holdings Ltd, Peveril Machinery Ltd.

8. Debtors

	2025	2024
	£	£
Trade debtors	2,268,124	2,168,770
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	45,010
Other debtors	283,862	509,151
	------------	------------
	2,551,986	2,722,931
	------------	------------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	221,422	152,827
Trade creditors	1,063,798	1,019,785
Corporation tax	95,945	118,147
Social security and other taxes	382,103	145,165
Other creditors	1,012,681	1,070,723
	------------	------------
	2,775,949	2,506,647
	------------	------------

Bank loans includes £221,422 (2024:£ £124,171) in respect of a bank loan secured upon the company's assets.

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	114,962	119,417
Other creditors	125,544	176,702
	---------	---------
	240,506	296,119
	---------	---------

Bank loans and overdrafts includes £114,962 (2024 £119,417) in respect of a bank loan secured upon the company's assets

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	295,762	17,857
Later than 1 year and not later than 5 years	627,025	–
	---------	--------
	922,787	17,857
	---------	--------

12. Related party transactions

During the year, the company wrote off to the profit and loss a loan balance of £165,974 due from Peveril Group Limited. Atlantic Pumps Limited is supporting the company with its existing liabilities and the amounts written off are not expected to be recovered.