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Company Registration No. 03019560 (England and Wales)
Eurotubes UK Limited Amended Unaudited accounts for the year ended 28 February 2025
Eurotubes UK Limited Amended Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Eurotubes UK Limited Company Information for the year ended 28 February 2025
Directors
Susan Bedford Gregory Bedford
Secretary
Susan Bedford
Company Number
03019560 (England and Wales)
Registered Office
Unit L1 Links Building Navigator Park Portland Dorset DT5 1FU
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Eurotubes UK Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
237,398 
237,398 
Tangible assets
5
987,506 
1,083,357 
1,224,904 
1,320,755 
Current assets
Inventories
44,683 
44,683 
Debtors
6
367,796 
421,910 
Cash at bank and in hand
94,643 
69,952 
507,122 
536,545 
Creditors: amounts falling due within one year
7
(177,447)
(224,799)
Net current assets
329,675 
311,746 
Total assets less current liabilities
1,554,579 
1,632,501 
Creditors: amounts falling due after more than one year
8
(417,305)
(553,160)
Net assets
1,137,274 
1,079,341 
Capital and reserves
Called up share capital
4 
4 
Revaluation reserve
18 
18 
Profit and loss account
1,137,252 
1,079,319 
Shareholders' funds
1,137,274 
1,079,341 
For the year ending 28 February 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by
Gregory Bedford Director Company Registration No. 03019560
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Eurotubes UK Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Eurotubes UK Limited is a private company, limited by shares, registered in England and Wales, registration number 03019560. The registered office is Unit L1 Links Building, Navigator Park, Portland, Dorset, DT5 1FU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Fixtures & fittings
20%
Computer equipment
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2024
237,398 
At 28 February 2025
237,398 
Amortisation
At 1 March 2024
- 
At 28 February 2025
- 
Net book value
At 28 February 2025
237,398 
At 29 February 2024
237,398 
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Eurotubes UK Limited Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2024
592,647 
1,404,920 
37,934 
86,020 
2,121,521 
Additions
- 
- 
- 
2,290 
2,290 
At 28 February 2025
592,647 
1,404,920 
37,934 
88,310 
2,123,811 
Depreciation
At 1 March 2024
- 
937,783 
31,967 
68,414 
1,038,164 
Charge for the year
- 
93,427 
1,193 
3,521 
98,141 
At 28 February 2025
- 
1,031,210 
33,160 
71,935 
1,136,305 
Net book value
At 28 February 2025
592,647 
373,710 
4,774 
16,375 
987,506 
At 29 February 2024
592,647 
467,137 
5,967 
17,606 
1,083,357 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
10,551 
14,849 
Trade debtors
106,359 
115,018 
Amounts due from group undertakings etc.
32,734 
48,645 
Accrued income and prepayments
110 
110 
Other debtors
218,042 
243,288 
367,796 
421,910 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
26,797 
23,487 
Obligations under finance leases and hire purchase contracts
114,123 
143,990 
Trade creditors
9,162 
27,551 
Taxes and social security
5,470 
- 
Other creditors
10,305 
- 
Loans from directors
11,512 
29,771 
Accruals
78 
- 
177,447 
224,799 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
312,635 
328,826 
Obligations under finance leases and hire purchase contracts
104,670 
224,334 
417,305 
553,160 
9
Average number of employees
During the year the average number of employees was 15 (2024: 19).
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