1.
General Information
Knott-Avonride Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
01691074
. The registered office is Europa House, Second Avenue, Burton Upon Trent, DE14 2WF.
2.
Statement of Compliance
The financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3.
Accounting Policies
3.1.
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 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
The company is a parent undertaking but has not prepared consolidated financial statements. The company has taken advantage of the exemption from preparing consolidated financial statements in accordance with section 401 of the Companies Act 2006 on the grounds that all of its subsidiary undertakings are dormant and therefore the preparation of consolidated financial statements would not be material for the purpose of giving a true and fair view.
The Company’s functional and presentational currency is GBP. The Company has prepared its financial statements to the nearest £.
3.2.
Going Concern Disclosure
As part of considering the Company’s ability to continue operating as a going concern, the Directors have reviewed the Company financial performance and future forecasts that cover 12 months from the date of approval of these financial statements. The Directors have also considered the level of financial support available from fellow group company – Knott FS Management Services Gmbh who provides a group cash pool facility to the Company. As at 31st December 2025, the Company owed £8,456,588 (2024: £9,605,389) in relation to this facility.
The Directors have received written confirmation from Knott FS Management Services Gmbh that the group cash pool facility will continue to be provided for at least 12 months from the date of approval of these financial statements.
Taking into consideration the above, the Directors are confident that the Company will have sufficient resources available to enable it to continue to meet its liabilities as they fall due and as a result the Directors consider the going concern basis of preparation of these financial statements to be appropriate.
3.3.
Significant judgements and estimations
The preparation of the financial statements in conformity with generally accepted accounting principles requires the directors to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results in the future could differ from those estimates. In this regard, the directors believe that the critical accounting policies where judgements or estimating are necessarily applied are summarised below.
Stock valuation
The company holds significant quantities of stock. Estimates are made in determining the net realisable value of stock, taking into account anticipated selling prices, ageing of inventory, and the risk of obsolescence due to evolving safety standards and customer preferences.
Revenue Recognition
Judgement is required in determining the point at which revenue should be recognised, particularly for export sales. Revenue is recognised when the risks and rewards of ownership have transferred, which is usually on delivery but may be on dispatch depending on the contractual terms.
Provisions for returns
The company offers customers the right to return defective or unsold stock. A provision is recognised based on management’s best estimate of expected future returns, informed by historical experience and current market conditions.
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3.4.
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.
3.5.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
|
| Leasehold |
|
| Plant & Machinery |
|
| Motor Vehicles |
|
| Fixtures & Fittings |
|
| Computer Equipment |
|
Land is not depreciated as it is considered to have an indefinite useful life. Buildings are depreciated over their useful economic lives.
3.6.
Investments
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
3.7.
Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3.8.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3.9.
Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3.10.
Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3.11.
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.
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.
3.12.
Provisions and Contingencies
Provisions
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.
Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.
Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as a finance cost.
Contingencies
Contingent liabilities are not recognised. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the company’s control. Contingent liabilities are disclosed in the financial statements unless the probability of an outflow of resources is remote.
Contingent assets are not recognised. Contingent assets are disclosed in the financial statements when an inflow of economic benefits is probable.
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3.13.
Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
4.
Turnover
Analysis of turnover by class of business is as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
|
|
|
|
|
Analysis of turnover by geographical market is as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| United Kingdom |
|
|
|
| 33,784,449 | 27,775,541 | ||
5.
Other Operating Income
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Grant income |
|
|
|
| 4,684 | 4,684 | ||
6.
Operating Profit
The operating profit is stated after charging:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Bad debts | 2,298 | (6,624) | |
| Operating lease rentals |
|
|
|
| Depreciation of tangible fixed assets |
|
|
|
7.
Auditor's Remuneration
Remuneration received by the company's auditors and their associates during the year was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
|
|
|
| Other Services | |||
| Other non-audit services |
|
|
|
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8.
Staff Costs
Staff costs, including directors' remuneration, were as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Wages and salaries |
|
|
|
| Social security costs |
|
|
|
| Other pension costs |
|
|
|
|
|
|
||
9.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| Office and administration |
|
|
|
| Manufacturing |
|
|
|
| Directors |
|
|
|
|
|
|
||
10.
Directors' remuneration
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
|
|
|
| Company contributions to money purchase pension schemes |
|
|
|
|
|
|
||
The number of directors to whom retirement benefits were accruing was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| Money purchase pension schemes |
|
|
|
Information regarding the highest paid director was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
|
|
|
| Company contributions to money purchase pension schemes |
|
|
|
|
|
|
||
The prior year comparative has been restated to include the directors benefit-in-kind which has increased the prior year by £14,969.
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
11.
Interest Payable and Similar Charges
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts |
|
|
|
| Foreign exchange (gains)/losses |
( |
( |
|
| 498,752 | 515,547 | ||
12.
Tax on Profit
The tax charge on the profit/(loss) for the year was as follows:
| Tax Rate | 2025 | 2024 | |||
|---|---|---|---|---|---|
| 2025 | 2024 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 25.0% |
|
|
|
| Prior period adjustment |
( |
|
|||
|
( |
|
||||
| Deferred Tax | |||||
| Deferred taxation |
|
|
|||
| Total tax charge for the period |
|
|
|||
The actual charge for the year can be reconciled to the expected charge/(credit) for the year based on the profit/(loss) and the standard rate of corporation tax as follows:
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Profit before tax | 15,734 | (64,273) | |||
| Tax on profit at 25% (UK standard rate) |
|
( |
|||
| Expenses not deductible for tax purposes |
|
|
|||
| Prior period adjustment |
( |
|
|||
| Tax losses unutilised carried forward |
|
|
|||
| Deferred tax from unrecognised timing difference from a prior period |
|
|
|||
| Total tax charge for the period | 86,947 | 100,799 | |||
The company has £1,520,674 taxable trading losses carried forward of which £370,674 has not been recognised in the deferred tax asset.
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
13.
Tangible Assets
| Land & Property | ||||
|---|---|---|---|---|
| Freehold | Leasehold | Plant & Machinery | Motor Vehicles | |
| £ | £ | £ | £ | |
| Cost | ||||
| As at 1 January 2025 |
|
|
|
|
| Additions |
|
|
|
|
| Disposals |
|
|
|
( |
| As at 31 December 2025 |
|
|
|
|
| Depreciation | ||||
| As at 1 January 2025 |
|
|
|
|
| Provided during the period |
|
|
|
|
| Disposals |
|
|
|
( |
| As at 31 December 2025 |
|
|
|
|
| Net Book Value | ||||
| As at 31 December 2025 |
|
|
|
|
| As at 1 January 2025 |
|
|
|
|
| Fixtures & Fittings | Computer Equipment | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 January 2025 |
|
|
|
| Additions |
|
|
|
| Disposals |
|
( |
( |
| As at 31 December 2025 |
|
|
|
| Depreciation | |||
| As at 1 January 2025 |
|
|
|
| Provided during the period |
|
|
|
| Disposals |
|
( |
( |
| As at 31 December 2025 |
|
|
|
| Net Book Value | |||
| As at 31 December 2025 |
|
|
|
| As at 1 January 2025 |
|
|
|
Included in the cost of land and property freehold, is land of £838,706 (2024: £838,706) which is not depreciated.
Included in plant and machinery additions in the year are assets under construction totalling £292,000 (2024: £Nil) which have been received in the year but not yet in use, these assets will be depreciated from April 2026 when they become operational.
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
14.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost or Valuation | |
| As at 1 January 2025 |
|
| As at 31 December 2025 |
|
| Provision | |
| As at 1 January 2025 |
|
| As at 31 December 2025 |
|
| Net Book Value | |
| As at 31 December 2025 |
|
| As at 1 January 2025 |
|
Subsidiaries
Details of the company's subsidiaries as at 31 December 2025 are as follows:
| Name of undertaking | Registered Office | Class of shares held | Direct holding | Indirect holding |
|---|---|---|---|---|
|
|
Europa House, Second Avenue, Centrum 100, Burton Upon Trent, DE14 2WF |
|
|
- |
|
|
Europa House, Second Avenue, Centrum 100, Burton Upon Trent, DE14 2WF |
|
|
- |
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
| Capital and Reserves | Profit/(loss) | |
|---|---|---|
| £ | £ | |
| Avonride Limited |
|
|
| Knott Limited |
|
|
The Company’s subsidiaries are dormant and do not trade. The Company has not prepared consolidated financial statements given the subsidiaries held do not trade, are dormant and are highly immaterial.
15.
Stocks
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Materials |
|
|
|
| Finished goods |
|
|
|
| Work in progress | - |
|
|
|
|
|
||
Stocks are stated net of impairment totalling £23,257 (2024: £50,380).
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
16.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
|
|
|
| Prepayments and accrued income |
|
|
|
| Other debtors |
|
|
|
| Corporation tax recoverable assets |
|
|
|
| Amounts owed by group undertakings |
|
|
|
|
|
|
||
| Due after more than one year | |||
| Deferred tax current asset |
|
|
|
|
|
|
||
Trade debtors are stated net of provisions totalling £25,000 (2024: £NIL).
Amounts owed by group undertakings are interest free and repayable on demand.
17.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
|
|
|
| Trade creditors |
|
|
|
| Bank loans and overdrafts |
|
|
|
| Amounts owed to group companies |
|
|
|
| Other creditors | 1,866 | 1,681 | |
| Taxation and social security | 659,193 | 439,679 | |
| Accruals and deferred income | 207,134 | 363,958 | |
|
|
|
||
Included in bank loans and overdrafts is an invoice discounting facility of £3,165,981 (2024: £1,571,196) is secured against trade debtors.
Included within accruals and deferred income is deferred income of £4,684 (2024: £4,684) relating to grant income received as contribution toward capital expenditure. The income is being released to the profit and loss account in line with the assets' depreciation policies.
Amounts owed to group companies includes £8,456,588 (2024: £9,605,389) owed in relation to a group cash pool facility provided by fellow group company Knott FS Management Services Gmbh. Interest is charged at 5% per annum on amounts owed. The Directors have received written confirmation from Knott FS Management Services Gmbh that the group cash pool facility will continue to be provided for at least 12 months from the date of approval of these financial statements.
18.
Creditors: Amounts Falling Due After More Than One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Accruals and deferred income | 163,562 | 168,246 | |
Included within accruals and deferred income is deferred income of £163,562 (2024: £168,246) relating to grant income received as contribution toward capital expenditure. The income is being released to the profit and loss account in line with the assets' depreciation policies.
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
19.
Obligations Under Finance Leases and Hire Purchase
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| The future minimum finance lease payments are as follows: | |||
| Not later than one year |
|
|
|
20.
Capital Grants
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Balance at 1 January 2025 | 172,930 | 177,614 | |
| Increase / (Decrease) in the year | (4,684) | (4,684) | |
| Balance at 31 December 2025 | 168,246 | 172,930 | |
21.
Deferred Taxation
|
2025
|
2024
|
||
|
£
|
£
|
||
|
At beginning of year
|
298,831
|
399,630
|
|
|
Charged to profit or loss
|
(92,000)
|
(100,799)
|
|
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
206,831
|
298,831
|
||
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
|
The provision for deferred tax is made up as follows:
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Capital allowances
|
(93,898)
|
(122,774)
|
|
|
Losses
|
300,729
|
421,605
|
|
|
206,831
|
298,831 |
||
|
|
|
At the year end there was an unprovided tax asset of £92,669 (2024: £Nil) in relation to tax losses carried forward.
23.
Contingent Liabilities
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| At the end of the period |
|
|
|
The Company has given a guarantee to HM Revenue and Customs in respect of deferred import duties and VAT for £50,000 (£50,000).
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
24.
Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Not later than one year |
|
|
|
| Later than one year and not later than five years |
|
|
|
|
|
|
||
25.
Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
During the year the charge to profit or loss in respect of defined contribution schemes was £180,077 (2024: £178,733).
At the balance sheet date contributions of £NIL (2024:£NIL) were due to the fund.
26.
Reserves
The capital redemption reserve represents share capital repurchased by the company at par value.
The profit and loss account includes current and prior year accumulated losses.
27.
Related Party Disclosures
27.
Related Party Disclosures - continued
27.
Related Party Disclosures - continued
As at 31 December 2025, there is an amount of £1,539 (2024: £353) due to Mr N Collins, a director of the company, from the company. The amount is unsecured, interest free and has no fixed repayment date.
As at 31 December 2025, there is an amount of £328 (2024: £328) due to Mr V Knott, a director of the company, from the company. The amount is unsecured, interest free and has no fixed repayment date.
During the year there were the following transactions with parent company:
Knott Holding GmbH (KHG)
Sales £308 (€360 (2024: £Nil, €Nil))
Purchases £46,765 (€54,580 (2024: £26,832, €32,360))
Interest Charged £Nil (€Nil)
At the balance sheet date included within
Debtors is £Nil (€Nil (2024: £Nil, €Nil))
Creditors is £Nil (€Nil (2024: £Nil, €Nil)).
During the year there were the following transactions with related parties. All parties are fellow subsidiaries of Knott Holding GmbH and occurred at arm’s length under normal commercial terms.
Autoflex-Knott Kft (AKK)
Sales £65,092 (€75,969 (2024: £49,075, €57,966))
Purchases £893,285 (€1,042,553 (2024: £613,512, €724,662))
At the balance sheet date included within
Debtors is £Nil (€Nil (2024: £Nil, €Nil))
Creditors is £21 (€24 (2024: £-37.04, €-44.67)).
Knott Brake Company (KBC)
Sales £7,076 (€8,259 (2024: £6,093, €7,196))
Purchases £177 (€206 (2024: £Nil, €Nil))
At the balance sheet date included within
Debtors is £Nil (€Nil (2023: £Nil, €Nil))
Creditors is £Nil (€Nil (2023: £Nil, €Nil)).
...CONTINUED
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
Knott S.p.A (KIT)
Sales £39,268 (€45,829 (2024: £45,026 €57,966))
Purchases £1,995,919 (€2,329,437 (2024: £1,781,332, €2,104,056))
At the balance sheet date included within
Debtors is £Nil (€Nil (2024: £Nil, €Nil))
Creditors is £Nil (€Nil (2024: £Nil, €Nil))
Knott GmbH (KGE)
Sales £2,836,336 (€3,310,288 (2024: £1,633,863, €1,929,870))
Purchases £5,744,030 (€6,703,857 (2024: £5,299,566, €6,259,689))
At the balance sheet date included within
Debtors is £61,812 (€70,836 (2024: £641, €773))
Creditors is £Nil (€Nil(2024: £11,014, €13,283)).
Knott spol s.r.o (KSK)
Sales £59,556 (€69,508 (2024: £26,355, €31,130))
Purchases £2,756,548 (€3,217,167 (2024: £2,347,568, €2,772,877))
Debtors is £Nil (€Nil (2024: £Nil, €Nil))
Creditors is £Nil (€Nil (2024: £Nil, €Nil))
Knott sp.z.o.o (KPL)
Sales £Nil (€Nil (2024: £Nil, €Nnil))
Purchases £205,539 (€239,884 (2024: £150,355, €177,595))
At the balance sheet date included within
Debtors is £Nil (€Nil (2023: £Nil, €Nil))
Creditors is £Nil (€Nil (2023: £Nil, €Nil)).
Knott-Technik-Flex Kft (TEC)
Sales £ Nil (€Nil (2024: £ Nil, €Nil))
Purchases £1,857,928 (€2,136,617) (2024: £1,292,139, €1,526,236))
At the balance sheet date included within
Debtors is £Nil (€Nil (2024: £Nil, €Nil))
Creditors is £Nil (€Nil (2024: £Nil, €Nil)).
Knott FS Management Services (KFS)
Sales £ Nil (€Nil (2024: £ Nil, €Nil))
Purchases £Nil (€Nil (2024: £ Nil, € Nil))
Interest Charged £500,823 (€584,511) (2024: £573,994 (€677,985))
At the balance sheet date included within
Debtors is £Nil (€Nil (2024: £Nil, €Nil))
Creditors is £8,334,623 (€9,551,479 (2024: £9,605,389, €11,584,195))
Unpaid interest creditor £140,260 (€161,299)
Autoflex-Knott Iberica (AKI)
Sales £620,146 (€723,773 (2024: £690,643, €815,767))
Purchases £3,920 (€4,575 (2024: £Nil, €Nil))
At the balance sheet date included within
Debtors is £174,829 (€200,353 (2024: £147,009, €177,294))
Creditors is £Nil (€Nil (2024: £Nil, €Nil)).
...CONTINUED
Knott-Avonride Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
Friction Material Reibbelg (KFM)
Sales £9,254 (€10,800 (2024: £Nil, €Nil))
Purchases £Nil (€Nil (2024: £Nil, €Nil))
At the balance sheet date included within
Debtors is £Nil (€Nil (2024: £Nil, €Nil)).
Creditors is £Nil (€Nil (2024: £Nil, €Nil)).
28.
Controlling Parties
The ultimate parent undertaking is
Knott Holding GmbH
(incorporated in Germany). Its registered office is
Obinger Stasse 17, Eggstátt 83125, Germany.
Copies of the group accounts may be obtained from the company's registered office.
The company's ultimate controlling party is
Mr V Knott
by virtue of their interest in the share capital of the company.