OMC Technologies (UK) Limited iXBRL

OMC Technologies (UK) Limited

Financial Statements

for the financial year ended 31 December 2025

OMC Technologies (UK) Limited

DIRECTORS AND OTHER INFORMATION


Directors	Thomas Comerford
	Padraic Comerford (Appointed 2 January 2025)
	Neil Lynch (Resigned 2 January 2025)


Company Secretary	Thomas Comerford


Company Registration Number	07861078


Registered Office and Business Address	Unit 43 & 44
	Hirwaun Industrial Estate, Aberdare
	Rhondda Cynon Taff
	United Kingdom


Independent Auditors	Morrissey McCrann (Limerick) ULC
	Chartered Certified Accountants and Registered Auditors
	1 O'Curry Street
	Limerick


Solicitors	Butler Cunningham & Molony
	Templemore
	Co. Tipperary

INDEPENDENT AUDITOR'S REPORT

to the Shareholders of OMC Technologies (UK) Limited

Report on the audit of the financial statements

Opinion

We have audited the financial statements of OMC Technologies (UK) Limited ('the company') for the financial year ended 31 December 2025 which comprise the Balance Sheet and the related notes to the financial statements, including significant accounting policies set out in note . The financial reporting framework that has been applied in their preparation is applicable Law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities).

In our opinion the financial statements:

■give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the financial year then ended;

■have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

■have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the Provisions Available for Audits of Small Entities, in the circumstances set out in Note 3 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified any material misstatements in the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

■

adequate accounting records have not been kept; or

■

the financial statements are not in agreement with the accounting records and returns; or

■

certain disclosures of directors' remuneration specified by law are not made; or

■

we have not received all the information and explanations we require for our audit; or

■

the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the Directors' Report.

Responsibilities of directors for the financial statements

The directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

A further description of our responsibilities for the audit of the financial statements is contained in the appendix to this report, located at page , which is to be read as an integral part of our report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Edmond Hanley (Senior Statutory Auditor)

for and on behalf of

MORRISSEY MCCRANN (LIMERICK) ULC

Chartered Certified Accountants and Registered Auditors

1 O'Curry Street

Limerick

31 August 2026

OMC Technologies (UK) Limited

APPENDIX TO THE INDEPENDENT AUDITOR'S REPORT

Further information regarding the scope of our responsibilities as auditor

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

■

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

■

Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.

■

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

■

Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditor's Report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditor's Report. However, future events or conditions may cause the company to cease to continue as a going concern.

■

Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

OMC Technologies (UK) Limited

Company Registration Number: 07861078

BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

386,671

409,279

─────────

Current Assets

Stocks

548,371

22,815

Debtors

67,438

21,157

Cash and cash equivalents

938,091

─────────

1,553,900

43,972

─────────

Creditors: amounts falling due within one year

(1,267,985)

(4,520)

─────────

Net Current Assets

285,915

39,452

─────────

Total Assets less Current Liabilities

672,586

448,731

Provisions for liabilities

(3,354)

─────────

Net Assets

672,586

445,377

═════════

Capital and Reserves

Called up share capital

210,079

210,079

Retained earnings

462,507

235,298

─────────

Equity attributable to owners of the company

672,586

445,377

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

Approved by the Board and authorised for issue on 31 August 2026 and signed on its behalf by




Thomas Comerford			Padraic Comerford
Director			Director

OMC Technologies (UK) Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

OMC Technologies (UK) Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 07861078. The registered office of the company is Unit 43 & 44, Hirwaun Industrial Estate, Aberdare, Rhondda Cynon Taff, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. Freehold land is stated at cost and is not depreciated. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

2% Straight line

Plant and machinery

10% Straight line

Fixtures, fittings and equipment

Fully Depreciated

The carrying values of tangible fixed assets are reviewed annually for impairment if events or changes in circumstances indicate the carrying value may not be recoverable.

Stocks

Stock consists of work in progress and is stated at cost, comprising the cost of materials, direct labour and appropriate overheads, plus and attributable profit, less any foreseeable losses and progress payments received and receivable. Attributable profit is that part of total profit currently estimated to arise over the duration of the contract which fairly reflects the profits attributable to that part of the work performed at the accounting date. Foreseeable losses are those losses which are currently estimated to arise over the duration of the contract. Profits and losses on work in progress are calculated by comparing costs with the value of work executed; such value includes prudent estimates of uncertified amounts. Provision is made for any future losses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. 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 same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Provisions Available for Audits of Small Entities

In common with many other businesses of our size and nature, we use our auditors to prepare and submit tax returns to His Majesty's Revenue and Customs and to assist with the preparation of the financial statements.

Employees

The average monthly number of employees, including directors, during the financial year was 2, (2024 - 2).


5.	Tangible assets
		Land and	Plant and	Fixtures,	Total
		buildings	machinery	fittings and
		freehold		equipment
		£	£	£	£
	Cost
	At 1 January 2025	470,398	164,228	173,207	807,833
		─────────	─────────	─────────	─────────

	At 31 December 2025	470,398	164,228	173,207	807,833
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 January 2025	83,852	141,495	173,207	398,554
	Charge for the financial year	9,408	13,200	-	22,608
		─────────	─────────	─────────	─────────
	At 31 December 2025	93,260	154,695	173,207	421,162
		─────────	─────────	─────────	─────────
	Net book value
	At 31 December 2025	377,138	9,533	-	386,671
		═════════	═════════	═════════	═════════
	At 31 December 2024	386,546	22,733	-	409,279
		═════════	═════════	═════════	═════════


6.	Stocks	2025	2024
		£	£

	Work in progress	548,371	22,815
		═════════	═════════


7.	Debtors	2025	2024
		£	£

	Amounts owed by group undertakings	17,842	21,157
	Deferred tax asset	1,916	-
	Prepayments and accrued income	47,680	-
		─────────	─────────
		67,438	21,157
		═════════	═════════


8.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Amounts owed to group undertakings	554,880	-
	Taxation (Note 9)	3,105	-
	Accruals	710,000	4,520
		─────────	─────────
		1,267,985	4,520
		═════════	═════════


9.	Taxation	2025	2024
		£	£

	Creditors:
	Corporation tax	3,105	-
		═════════	═════════


10.	Provisions for liabilities

	The amounts provided for deferred taxation are analysed below:

		Capital	Total	Total
		allowances

			2025	2024
		£	£	£

	At financial year start	3,354	3,354	3,354
	Utilised during the financial year	(3,354)	(3,354)	-
		─────────	─────────	─────────
	At financial year end	-	-	3,354
		═════════	═════════	═════════

11.

Capital commitments

The company had no material capital commitments at 31 December 2025.

12.

Related party transactions

The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.

13.

Parent and ultimate parent company

The company regards OMC Technologies DAC as its parent company.

The companys ultimate parent undertaking is OMC Technologies Holdings Limited.

The address of OMC Technologies Holdings Limited is Ballysimon Road, Limerick, Ireland.

The parent of the largest group in which the results are consolidated is OMC Technologies Holdings Limited.

OMC Technologies Holdings Limited is registered in Ireland.

14.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.