REGISTERED NUMBER: 00443223 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

PLANMECA (UK) LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

90,889

127,984

Investments

5

-

-

90,889

127,984

CURRENT ASSETS

Stocks

430,356

546,020

Debtors

6

181,404

287,203

Cash at bank and in hand

476,948

1,264,873

1,088,708

2,098,096

CREDITORS

Amounts falling due within one year

7

1,211,917

1,865,413

NET CURRENT (LIABILITIES)/ASSETS

(123,209

)

232,683

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,320

)

360,667

CAPITAL AND RESERVES

Called up share capital

10

15,472,910

15,472,910

Retained earnings

11

(15,505,230

)

(15,112,243

)

SHAREHOLDERS' FUNDS

(32,320

)

360,667

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2026 and were signed on its behalf by:

L O Broadhurst - Director

1.	STATUTORY INFORMATION

Planmeca (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00443223

Registered office:

Unit 3 Oak Court

Pilgrims Walk

Prologis Park

Coventry

West Midlands

CV6 4QH

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounting policies set out below have, unless otherwise stated, been applied consistently throughout the reporting period.

Preparation of consolidated financial statements

The financial statements contain information about Planmeca (UK) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 401 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Planvest Oy, Asentajankatu 6, SF-00810, Helsinki, Finland..

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of the financial statements requires the Directors to make estimates and assumptions that affect the reported amounts of turnover, expenses, assets and liabilities, and the disclosure of contingent liabilities at the date of the financial statements. If in the future such estimates and assumptions, which are based on the Directors' best judgement at the date of the financial statements, deviate from the actual circumstances, the original estimates and assumptions will be modified as appropriate in the year in which the circumstances change.

Going concern

The directors have adopted the going concern basis of preparation for the financial statements based on forecasts, which they have prepared, which show that the company will continue to try and return to profitability in the foreseeable future. These forecasts assume that the company will continue to receive financial support from its parent company, Planmeca Oy for at least the next twelve months.

The financial statements do not include any adjustments that might be required if the application of the going concern basis proves to be inappropriate.

Turnover

Turnover represents amounts receivable from the sale of dental and other healthcare products, provided in the UK and overseas net of trade discounts, VAT and other related taxes. Turnover is recognised on despatch.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Over the period of lease

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

25% on cost and 15% on reducing balance

Computer equipment

-

33% on cost and 20% on cost

Investments in subsidiaries

Invests in subsidiaries are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Stocks

Stocks, which relates to finished goods held ready for sale, are stated at the lower of costs and net realisable value. Cost is determined principally on the weighted average basis. Net realisable value is the price at which the stock can be realised in the normal course of business. Provision is made for obsolescent, slow moving and defective stocks.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument. All the financial assets and liabilities are initially measured at transaction price and, where applicable, are subsequently measured at amortised cost. Financial assets and liabilities are only offset in the statement of financial position 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. Financial assets are derecognised when, and only when; the contractual rights to the cash flows from the financial asset expire or are settled; the company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 February 2025

9,744

-

91,321

Additions

-

-

(1

)

Disposals

-

-

(5,872

)

Reclassification/transfer

-

34,765

(85,448

)

At 31 January 2026

9,744

34,765

-

DEPRECIATION

At 1 February 2025

6,769

-

75,509

Charge for year

1,505

-

-

Eliminated on disposal

296

-

(6,307

)

Reclassification/transfer

-

34,765

(69,202

)

At 31 January 2026

8,570

34,765

-

NET BOOK VALUE

At 31 January 2026

1,174

-

-

At 31 January 2025

2,975

-

15,812

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

155,909

-

256,974

Additions

-

2,087

2,086

Disposals

(27,500

)

-

(33,372

)

Reclassification/transfer

-

85,448

34,765

At 31 January 2026

128,409

87,535

260,453

DEPRECIATION

At 1 February 2025

46,712

-

128,990

Charge for year

17,661

7,383

26,549

Eliminated on disposal

(14,729

)

-

(20,740

)

Reclassification/transfer

-

69,202

34,765

At 31 January 2026

49,644

76,585

169,564

NET BOOK VALUE

At 31 January 2026

78,765

10,950

90,889

At 31 January 2025

109,197

-

127,984

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

and 31 January 2026

2,104

PROVISIONS

At 1 February 2025

and 31 January 2026

2,104

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

This is represented by the holding of 100% of the ordinary share capital in the following dormant companies incorporated in England and Wales;

Alex Bell ( Dental Supplies) Limited

Claudius Ash Sons and Company Limited

Planmeca Limited, formerly J & S Davis Limited

Mouth Care Company Limited

Orthologic Limited

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

90,066

168,574

Other debtors

91,338

118,629

181,404

287,203

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

23,597

48,459

Amounts owed to group undertakings

1,131,326

1,643,136

Taxation and social security

20,381

25,318

Other creditors

36,613

148,500

1,211,917

1,865,413

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

50,748

54,909

Between one and five years

50,109

51,773

100,857

106,682

9.	SECURED DEBTS

Nordea Bank Abp holds fixed and floating charge dated 03 March 2005 over the assets of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

3,981,403

Ordinary A

£1

3,981,403

3,981,403

Allotted and issued:

Number:

Class:

Nominal

2026

2025

value:

£

£

11,491,507

Share capital 1

£1

11,491,507

11,491,507

11.

RESERVES

Retained

earnings

£

At 1 February 2025

(15,112,243

)

Deficit for the year

(392,987

)

At 31 January 2026

(15,505,230

)

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Auditors' Report was unqualified.

Muhammed Shabbir FCA, FCCA (Senior Statutory Auditor)

for and on behalf of Armstrongs Accountancy Ltd

13.	ULTIMATE CONTROLLING PARTY

Planmeca Oy is the immediate parent company of Planmeca (UK) Limited.

Planvest Oy, incorporated in Finland, is regarded by the directors as being the ultimate parent company. Planvest Oy prepares consolidated accounts which include the results of Planmeca (UK) Limited. Copies of these accounts are available from the parent undertaking at their head office at Asentajankatu 6, SF-00810, Helsinki, Finland.