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Registered number: 13021660






SPEED OCTANE UK LTD


ACCOUNTS

FOR THE YEAR ENDED 30/11/2025
























Prepared By:
Speed Consultants Ltd
Licensed Accountant
954 Eastern Avenue
Ilford
Essex
IG2 7JD


ACCOUNTS
FOR THE YEAR ENDED 30/11/2025





DIRECTORS
Thanalingam Iyinkaran
Manickavasagam Sritharan


REGISTERED OFFICE
Warick Road Shell
Wellesbourne
Warwickshire
CV35 9LX


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13021660



ACCOUNTANTS
Speed Consultants Ltd
Licensed Accountant
954 Eastern Avenue
Ilford
Essex
IG2 7JD


ACCOUNTS
FOR THEYEARENDED30/11/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/11/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Intangible assets	3		438,539		438,539
Tangible assets	4		720,608		723,444

			1,159,147		1,161,983

CURRENT ASSETS
Stock		42,000		22,850
Debtors	6	13,573		17,014
Cash at bank and in hand		158,029		172,929
		213,602		212,793
CREDITORS: Amounts falling due within one year	7	146,390		67,942
NET CURRENT ASSETS			67,212		144,851
TOTAL ASSETS LESS CURRENT LIABILITIES			1,226,359		1,306,834


CREDITORS: Amounts falling due after more than one year	8		912,407		1,089,807

NET ASSETS			313,952		217,027

CAPITAL AND RESERVES

Called up share capital	9		2		2
Profit and loss account			313,950		217,025
SHAREHOLDERS' FUNDS			313,952		217,027

For the year ending 30/11/2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 18/08/2026 and signed on their behalf by



.............................
Thanalingam Iyinkaran
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 20%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




3. INTANGIBLE FIXED ASSETS

	Purchased
	Goodwill	Total
	£	£
Cost
At 01/12/2024	438,539	438,539
At 30/11/2025	438,539	438,539
Depreciation
At 30/11/2025	-	-
Net Book Amounts
At 30/11/2025	438,539	438,539
At 30/11/2024	438,539	438,539




4. TANGIBLE FIXED ASSETS

	Land And	Fixtures
	Buildings	and Fittings	Equipment	Total
	£	£	£	£
Cost
At 01/12/2024	672,153	56,652	27,375	756,180
Additions	-	6,532	-	6,532
At 30/11/2025	672,153	63,184	27,375	762,712
Depreciation
At 01/12/2024	-	19,239	13,497	32,736
For the year	-	6,592	2,776	9,368
At 30/11/2025	-	25,831	16,273	42,104
Net Book Amounts
At 30/11/2025	672,153	37,353	11,102	720,608
At 30/11/2024	672,153	37,413	13,878	723,444




5. STOCK	2025	2024
	£	£
Stock comprises:

Stock	42,000	22,850
	42,000	22,850




6. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
Other debtors	-	3,441
Prepayments	13,573	13,573
	13,573	17,014




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	59,310	27,224
VAT	16,130	8,707
PAYE control	1,416	1,011
Salaries and wages control	5,690	-
Trade creditors	33,452	17,500
Other creditors	30,392	13,500
	146,390	67,942




8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans (secured) >1yr	42,048	102,064
Loans >1yr	354,939	385,510
Other creditors > 1yr	515,420	602,233
	912,407	1,089,807




9. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each	2	2
	2	2




2. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	2	2