REGISTERED NUMBER: 07125622 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Cejn UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M O Allerbjer

SECRETARY:

Mrs C H Riddell

REGISTERED OFFICE:

Unit K

Moreton Business Park

Moreton-on-lugg

Hereford

Herefordshire

HR4 8DS

REGISTERED NUMBER:

07125622 (England and Wales)

AUDITORS:

R J Francis & Co Limited

Marshall Business Centre

Faraday Road

Hereford

Herefordshire

HR4 9NS

FIXED ASSETS

Tangible assets

4

229,801

283,496

Investments

5

1,000,000

1,000,000

1,229,801

1,283,496

CURRENT ASSETS

Stocks

853,016

893,915

Debtors

6

909,443

898,117

Cash at bank

703,234

372,273

2,465,693

2,164,305

CREDITORS

Amounts falling due within one year

7

1,001,947

877,541

NET CURRENT ASSETS

1,463,746

1,286,764

TOTAL ASSETS LESS CURRENT LIABILITIES

2,693,547

2,570,260

CREDITORS

Amounts falling due after more than one year

8

(982,327

)

(1,002,354

)

PROVISIONS FOR LIABILITIES

(48,819

)

(44,542

)

NET ASSETS

1,662,401

1,523,364

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

1,652,401

1,513,364

1,662,401

1,523,364

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2026 and were signed by:

M O Allerbjer - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Cejn UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Going concern

The company has enjoyed strong levels of profitability for the year, with healthy balance sheet reserves. Management are confident the company will continue to trade for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

Straight line over 9 years

Plant and machinery

-

33% on cost, 20% on cost, 10% on cost and Straight line over 3 - 5 years

Motor vehicles

-

Straight line over 4 - 5 years

Computer equipment

-

Straight line over 3 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's Statement of Financial Position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

Motor

Computer

improvements

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

129,187

422,711

109,634

35,146

696,678

Additions

-

1,030

-

32,331

33,361

Disposals

-

-

(28,490

)

-

(28,490

)

At 31 December 2025

129,187

423,741

81,144

67,477

701,549

DEPRECIATION

At 1 January 2025

118,396

226,614

35,603

32,569

413,182

Charge for year

10,791

36,668

16,703

10,548

74,710

Eliminated on disposal

-

-

(16,144

)

-

(16,144

)

At 31 December 2025

129,187

263,282

36,162

43,117

471,748

NET BOOK VALUE

At 31 December 2025

-

160,459

44,982

24,360

229,801

At 31 December 2024

10,791

196,097

74,031

2,577

283,496

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

1,000,000

NET BOOK VALUE

At 31 December 2025

1,000,000

At 31 December 2024

1,000,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Smartflow Couplings Limited

Registered office: Unit 14, The Enterprise Village, Prince Albert Gardens, Grimsby, Lincolnshire, England, DN31 3AT

Nature of business: Manufacturing

%

Class of shares:

holding

Ordinary

100.00

Ordinary B

100.00

2025

2024

£

£

Aggregate capital and reserves

(91,096

)

(110,909

)

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

644,530

616,843

Amounts owed by group undertakings

235,000

117,500

Other debtors

29,913

46,274

909,443

780,617

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

117,500

Aggregate amounts

909,443

898,117

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

590,088

454,390

Taxation and social security

240,780

170,981

Other creditors

171,079

252,170

1,001,947

877,541

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

982,327

1,002,354

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

22,208

41,500

Between one and five years

-

22,208

22,208

63,708

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

A A Houston (Senior Statutory Auditor)

for and on behalf of R J Francis & Co Limited

11.	PARENT-SUBSIDIARY RELATIONSHIP

The company's immediate and ultimate parent undertaking and controlling party is Cejn AB, a company incorporated in Sweden. Copies of the consolidated financial statements of Cejn AB are available from Rättvagen 1, SW-541 34, Skövde, Sweden.