Motive Components Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01722280

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		168,294		200,614

			168,294		200,614
CURRENT ASSETS
Stocks	5	2,272,996		2,216,447
Debtors	6	3,117,503		2,455,380
Cash at bank and in hand		1,962,458		1,356,112

		7,352,957		6,027,939
Creditors: Amounts Falling Due Within One Year	7	(1,632,628 )		(1,033,746 )

NET CURRENT ASSETS (LIABILITIES)			5,720,329		4,994,193

TOTAL ASSETS LESS CURRENT LIABILITIES			5,888,623		5,194,807

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,670 )		(22,797 )

NET ASSETS			5,884,953		5,172,010

CAPITAL AND RESERVES
Called up share capital	8		10,000		10,000
Profit and Loss Account			5,874,953		5,162,010

SHAREHOLDERS' FUNDS			5,884,953		5,172,010

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Motive Components Limited

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Dudley Cotton

Director

30/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Motive Components Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01722280 . The registered office is Mk55 Bramley Road, Bletchley, Milton Keynes, Buckinghamshire, MK1 1PT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on cost
Computer Equipment	33% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Motive Components Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 39 (2025: 35)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 May 2025	295,350	220,099	17,389	98,186	631,024
Additions	8,458	32,424	-	5,750	46,632
Disposals	(350 )	(29,995 )	-	-	(30,345 )

As at 30 April 2026	303,458	222,528	17,389	103,936	647,311

Depreciation
As at 1 May 2025	233,557	96,926	13,865	86,062	430,410
Provided during the period	15,692	30,545	1,306	9,383	56,926
Disposals	-	(8,319 )	-	-	(8,319 )

As at 30 April 2026	249,249	119,152	15,171	95,445	479,017

Net Book Value
As at 30 April 2026	54,209	103,376	2,218	8,491	168,294

As at 1 May 2025	61,793	123,173	3,524	12,124	200,614

5. Stocks

	2026	2025
	£	£
Finished goods	2,272,996	2,216,447

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,212,469	1,726,555
Amounts owed by group undertakings	30,638	3,453
Other debtors	874,396	725,372

	3,117,503	2,455,380

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Motive Components Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	125,295	114,692
Other creditors	977,188	662,413
Taxation and social security	530,145	256,641

	1,632,628	1,033,746

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10,000	10,000

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	190,000	190,000
Later than one year and not later than five years	475,000	665,000

	665,000	855,000

10. Related Party Transactions

During the year, sales of £626,398 (2025: £444,844) and purchases of £915,632 (2025: £855,342) were made to and from Autopumps UK Limited, a trading subsidiary of the group. At the Balance Sheet date, the net amount of £33,638 (2025: £3,453) is owed to Autopumps UK Limited. In the year, the company also charged £60,000 in Management charges to Autopumps UK Limited, and the year-end trade debtors ledger balance was £16,569.

The company also paid rent of £190,000 (2025: £148,125) to Auto Motive Pumps Holdings Limited, the ultimate parent company, in the year.

11. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Auto Motive Pumps Holdings Limited . Auto Motive Pumps Holdings Limited was incorporated in England and Wales. The ultimate controlling party is Auto Motive Pumps Holdings Limited who controls 100% of the shares of Motive Components Limited .

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