Marine Electrical Installations Limited

	Registered number
	SC226588

	Marine Electrical Installations Limited
	Unaudited Accounts
	for the year ended
	31 December 2025

Marine Electrical Installations Limited Balance Sheet as at 31 December 2025
	Notes		2025 £		2024 £
Fixed assets
Tangible assets	3		57,890		70,998
Investments	4		0		138,235
			57,890		209,233

Current assets
Stocks		94,706		9,449
Debtors	5	218,581		408,101
Cash at bank and in hand		597,932		416,995
		911,219		834,545

Prepayments and accrued income:		1,237		1,293

Creditors: amounts falling due within one year	6	(449,351)		(629,487)

Net current assets / (liabilities)			463,105		206,351

Total assets less current liabilities			520,995		415,584

Provisions for liabilities	7		(10,226)		(1,854)

Accruals and deferred income			(839)		(1,140)

Total net assets (liabilities)			509,930		412,590

Capital and reserves
Called up share capital	8		100		100
Other reserves			0		24,042
Profit and loss account			509,830		388,448
Shareholders' funds			509,930		412,590

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr J Hutchinson

Director

Approved by the board on 9 July 2026

Company Number: SC226588 (a Private Company Limited by Shares registered in Scotland)

Registered Office:

C/O Premier Accounting
9B Dalrymple Court
Kirkintilloch
Glasgow
G66 3AA
United Kingdom

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Fixtures & Fittings	15% Straight Line
Plant & machinery	25% Straight Line

	Stocks
	Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

Stocks

Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

Employees
	2025	2024
Average number of employees during the period	15	23

Tangible fixed assets
	Fixtures & Fittings	Plant & machinery	Total
Cost or valuation	£	£	£
At 1 January 2025	0	314,440	314,440
Additions	622	17,795	18,417
At 31 December 2025	622	332,235	332,857
Depreciation
At 1 January 2025	0	243,442	243,442
Charge for the period	45	31,480	31,525
At 31 December 2025	45	274,922	274,967
Net book value
At 31 December 2025	577	57,313	57,890
At 31 December 2024	0	70,998	70,998

Investments
	Loans	Total
	£	£
Carrying amount at 1 January 2025	138,235	138,235
Additions	488	488
Disposals	(138,723)	(138,723)
Carrying amount at 31 December 2025	0	0

Debtors
	2025	2024
	£	£
Trade debtors	208,697	408,101
Other debtors	9,884	0
	218,581	408,101

Creditors: amounts falling due within one year
	2025	2024
	£	£
Bank Loans & Overdrafts	3,418	14,251
Trade creditors	260,851	25,275
Taxation & social security	160,741	179,043
Other creditors	24,341	410,918
	449,351	629,487

Provisions
	2025	2024
	£	£
Deferred tax	10,226	1,854
	10,226	1,854

Share capital
	2025	2024
	£	£
Allotted, called up and fully paid:
100 (2024: 100) Ordinary shares of £1.00 each	100	100

	100	100

9.	Related party disclosures
	Controlling party MEI Holding Ltd is the ultimate controlling party.