Registration number: 13922902

ONYXDB Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

ONYXDB Limited

Company Information

Directors

Mr CP Newton Mr A J Hudson

Registered office

A117/118 Tustin Way Longridge Road Preston Lancashire PR2 5LX

Accountants

McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

ONYXDB Limited

(Registration number: 13922902)
Statement of Financial Position as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	1,196	1,396
Tangible assets	5	316,598	190,935
		317,794	192,331
Current assets
Stocks	6	746,662	324,709
Debtors	7	519,405	1,103,170
Cash at bank and in hand		1,126,731	349,020
		2,392,798	1,776,899
Creditors: Amounts falling due within one year	8	(1,225,393)	(1,207,753)
Net current assets		1,167,405	569,146
Total assets less current liabilities		1,485,199	761,477
Creditors: Amounts falling due after more than one year	8	(105,392)	(92,666)
Provisions for liabilities		(76,782)	(44,772)
Net assets		1,303,025	624,039
Capital and reserves
Called up share capital		100	100
Retained earnings		1,302,925	623,939
Shareholders' funds		1,303,025	624,039

For the financial year ending 28 February 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 7 July 2026 and signed on its behalf by:
 

ONYXDB Limited

(Registration number: 13922902)
Statement of Financial Position as at 28 February 2026 (continued)

......................................... Mr CP Newton Director

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
A117/118 Tustin Way
Longridge Road
Preston
Lancashire
PR2 5LX

These financial statements were authorised for issue by the Board on 7 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

2	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% on reducing balance
Motor vehicles	20% on reducing balance
Computer equipment	33% on cost
Fixtures & Fittings	20% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

2	Accounting policies (continued)

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the income statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 16 (2025 - 13).

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 March 2025	2,000	2,000
At 28 February 2026	2,000	2,000
Amortisation
At 1 March 2025	604	604
Amortisation charge	200	200
At 28 February 2026	804	804
Carrying amount
At 28 February 2026	1,196	1,196
At 28 February 2025	1,396	1,396

5	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 March 2025	780	7,068	9,142	237,771
Additions	-	-	5,703	201,312
At 28 February 2026	780	7,068	14,845	439,083
Depreciation
At 1 March 2025	156	3,120	5,776	54,774
Charge for the year	156	790	3,545	76,861
At 28 February 2026	312	3,910	9,321	131,635
Carrying amount
At 28 February 2026	468	3,158	5,524	307,448
At 28 February 2025	624	3,948	3,366	182,997

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

5	Tangible assets (continued)

	Total £
Cost or valuation
At 1 March 2025	254,761
Additions	207,015
At 28 February 2026	461,776
Depreciation
At 1 March 2025	63,826
Charge for the year	81,352
At 28 February 2026	145,178
Carrying amount
At 28 February 2026	316,598
At 28 February 2025	190,935

Assets held under hire purchase agreements have a net book value of £252,547 (2025 £172,853)

6

Stocks

	2026 £	2025 £
Work in progress	742,782	320,829
Other inventories	3,880	3,880
	746,662	324,709

7

Debtors

Current	2026 £	2025 £
Trade debtors	272,566	899,103
Prepayments	22,820	16,410
Other debtors	224,019	187,657
	519,405	1,103,170

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	71,176	42,951
Trade creditors		341,668	542,993
Taxation and social security		712,628	578,832
Accruals and deferred income		2,250	2,249
Other creditors		97,671	40,728
		1,225,393	1,207,753

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	105,392	92,666

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	105,392	92,666

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	71,176	42,951

10	Related party transactions

ONYXDB Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

10	Related party transactions (continued)

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	72,435	12,570

Summary of transactions with other related parties

Loans
Included within other debtors is an intercompany loan of £200,590 (2025 £100,350) due from a company under common control.