Company No:
Contents
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Current assets | ||||
| Debtors | 3 |
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| Cash at bank and in hand |
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| 204,195 | 509,888 | |||
| Creditors: amounts falling due within one year | 4 | (
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| Net current liabilities | (266,239) | (159,841) | ||
| Total assets less current liabilities | (266,239) | (159,841) | ||
| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 5 |
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| Profit and loss account | (
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| Total shareholder's deficit | (
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The financial statements of Pavigym UK Limited (registered number:
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Mr M Penat
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Pavigym UK Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom. The principal place of business is C/Rio Júcar, Num 1, Centro Avanzado de Empresas NOBO, 2nd Floor, Office C19, 03007, Alicante, Spain.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The company is reliant on continued financial support from its immediate parent company, Protective Comfort Group, S.L. It has been confirmed that this support will be provided for a period of at least twelve months from the approval of these financial statements.
The director is satisfied that with the confirmed financial support from Protective Comfort Group, S.L. the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.
Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.
The Financial Reporting Council has published changes to FRS 102 which will take effect in next year’s financial statements. The main rule change affecting the Company relates to revenue recognition. There is no requirement to restate figures from previous years, so we do not expect any changes to the figures reported here for the year ended 31 December 2025 or any earlier periods.
Management are currently assessing the impact of the revised revenue recognition requirements.
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| Monthly average number of persons employed by the Company during the year |
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| Prepayments |
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| Retentions receivable |
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| Other debtors |
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| Trade creditors |
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| Amounts owed to Group undertakings |
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| Accruals and deferred income |
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| Other taxation and social security |
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| Other creditors |
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The audit report was signed by Rachael Pepler FCA on behalf of PKF Francis Clark on 25 September 2026.
Parent Company:
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| C/Rio Júcar, Num 1 Centro Avanzado de Empresas NOBO 2nd Floor, Office C19 03007 - Alicante Spain |
There is no requirement for the group to which Pavigym UK Limited belongs to prepare consolidated group accounts.