Elmech London Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13380880

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	2,378,678		3,497,107
Cash at bank and in hand		15,380		2,921

		2,394,058		3,500,028
Creditors: Amounts Falling Due Within One Year	5	(1,800,193 )		(2,465,771 )

NET CURRENT ASSETS (LIABILITIES)			593,865		1,034,257

TOTAL ASSETS LESS CURRENT LIABILITIES			593,865		1,034,257

Creditors: Amounts Falling Due After More Than One Year	6		(142,160 )		-

NET ASSETS			451,705		1,034,257

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			451,605		1,034,157

SHAREHOLDERS' FUNDS			451,705		1,034,257

For the year ending 31 May 2026 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 Przemyslaw Szczypulkowski

Director

31/08/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Elmech London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13380880 . The registered office is 30b Wilds Rents, London, SE1 4QG.

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. Going Concern Disclosure

The company incurred a loss before tax of £773,152 for the year ended 31 May 2026 (2025: profit £765,323). At the reporting date, the company had cash at bank and in hand of £15,380. Trade debtors of £2,024,866 and related-party receivables of £171,176 were outstanding at the year end and are not expected to be collected immediately. The timing of recovery depends on the counterparties' trading cash flows and, in the case of Elmech Ltd, the outcome and timing of legal recoveries.

The director has considered cash-flow forecasts extending for at least twelve months from the expected date of approval of these financial statements, together with an 18-month minimum-liquidity stress assessment. The stress assessment assumes no collections from aged debtors and no net operating cash inflows during the relevant period. The forecasts also take account of the Corporation Tax benefit arising from the company's loss carry-back claim, subject to acceptance and processing by HM Revenue & Customs.

The director expects the outstanding receivables to be recovered in due course and intends to provide or procure sufficient financial support to enable the company to meet its liabilities as they fall due. However, the timing of debtor recoveries and the availability and financial capacity of the parties providing such support are not wholly within the company's control. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern. Nevertheless, the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the company were unable to continue as a going concern.

2.3. 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.

2.4. 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.

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Elmech London Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

2.4. Taxation - continued

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: 1 (2025: 1)

4. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,024,866	3,039,291
Amounts owed by group undertakings	-	114,991
Other debtors	353,812	342,825

	2,378,678	3,497,107

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,460,464	1,929,239
Bank loans and overdrafts	112,000	-
Other creditors	11,670	2,757
Taxation and social security	216,059	533,775

	1,800,193	2,465,771

6. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	142,160	-

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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