Registration number: 03599798

Automarine (UK) Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Automarine (UK) Limited

Company Information

Directors

PJ Phillips N Phillips

Registered office

Units 1 & 2 Blackhill Road West Holton Heath Trading Park Poole Dorset BH16 6LE

Automarine (UK) Limited

(Registration number: 03599798)
Balance Sheet as at 31 July 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	130,368	150,261
Current assets
Stocks	6	98,214	72,751
Debtors	7	216,143	328,656
Cash at bank and in hand		3,648,818	3,230,044
		3,963,175	3,631,451
Creditors: Amounts falling due within one year	8	(190,639)	(100,157)
Net current assets		3,772,536	3,531,294
Total assets less current liabilities		3,902,904	3,681,555
Provisions for liabilities		(7,559)	(10,702)
Net assets		3,895,345	3,670,853
Capital and reserves
Called up share capital		2	2
Retained earnings		3,895,343	3,670,851
Shareholders' funds		3,895,345	3,670,853

For the financial year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Automarine (UK) Limited

(Registration number: 03599798)
Balance Sheet as at 31 July 2026

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 Profit and Loss Account.

Approved and authorised by the Board on 9 September 2026 and signed on its behalf by:
 

N Phillips Director

Automarine (UK) Limited

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

1	General information

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

The address of its registered office is:
Units 1 & 2
Blackhill Road West
Holton Heath Trading Park
Poole
Dorset
BH16 6LE

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 turnover 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.

Automarine (UK) Limited

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

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.

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 balance sheet 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:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Freehold property	2% straight line
Plant and machinery	25% reducing balance
Office equipment	25% reducing balance
Motor vehicles	25% reducing balance
Fixtures and fittings	20% straight line

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 stocks 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.

Automarine (UK) Limited

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 7).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	95,028	31,075
Deferred taxation
Arising from previously unrecognised tax loss, tax credit or temporary difference of prior periods	(3,143)	(3,567)
Tax expense in the income statement	91,885	27,508

5	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 August 2025	167,724	49,151	61,599	3,589
At 31 July 2026	167,724	49,151	61,599	3,589
Depreciation
At 1 August 2025	73,788	19,660	37,323	2,486
Charge for the year	3,354	9,830	6,069	276
At 31 July 2026	77,142	29,490	43,392	2,762
Carrying amount
At 31 July 2026	90,582	19,661	18,207	827
At 31 July 2025	93,936	29,491	24,276	1,103

Automarine (UK) Limited

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

	Motor vehicles  £	Total £
Cost or valuation
At 1 August 2025	19,380	301,443
At 31 July 2026	19,380	301,443
Depreciation
At 1 August 2025	17,925	151,182
Charge for the year	364	19,893
At 31 July 2026	18,289	171,075
Carrying amount
At 31 July 2026	1,091	130,368
At 31 July 2025	1,455	150,261

Included within the net book value of land and buildings above is £90,582 (2025 - £93,936) in respect of freehold land and buildings.
 

6

Stocks

	2026 £	2025 £
Work in progress	33,061	15,428
Other inventories	65,153	57,323
	98,214	72,751

7

Debtors

	2026 £	2025 £
Trade debtors	193,005	304,863
Prepayments	23,138	23,793
	216,143	328,656

Automarine (UK) Limited

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	54,529	32,056
Taxation and social security	131,097	63,088
Accruals and deferred income	3,750	3,750
Other creditors	1,263	1,263
	190,639	100,157

Automarine (UK) Limited

Notes to the Unaudited Financial Statements for the year ended 31 July 2026

9	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	31,200	31,800