EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Company Registration Number:
11093917 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal activities of the company

The principal activity of the Company was that of a holding company



Directors

The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Stephane Barrau


The director shown below has held office during the period of
1 January 2022 to 26 April 2022

Alice Mills


The director shown below has held office during the period of
26 April 2022 to 31 December 2022

Michael Watts


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 September 2023

And signed on behalf of the board by:
Name: Michael Watts
Status: Director

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 5,232,000 ) ( 46,000 )
Other operating income: 2,884,000 1,581,000
Operating profit(or loss): (2,348,000) 1,535,000
Interest receivable and similar income: 35,000 0
Interest payable and similar charges: ( 1,198,000 ) ( 538,000 )
Profit(or loss) before tax: (3,511,000) 997,000
Tax: 0 0
Profit(or loss) for the financial year: (3,511,000) 997,000

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 35,028,000 33,893,000
Total fixed assets: 35,028,000 33,893,000
Current assets
Stocks:   0 0
Debtors: 4 3,836,000 2,592,000
Cash at bank and in hand: 0 1,000
Investments:   0 0
Total current assets: 3,836,000 2,593,000
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 7,000 ) ( 5,000 )
Net current assets (liabilities): 3,829,000 2,588,000
Total assets less current liabilities: 38,857,000 36,481,000
Creditors: amounts falling due after more than one year: 6 ( 25,991,000 ) ( 19,374,000 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 12,866,000 17,107,000
Capital and reserves
Called up share capital: 16,377,000 16,377,000
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (3,511,000 ) 730,000
Total Shareholders' funds: 12,866,000 17,107,000

The notes form part of these financial statements

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 12 September 2023
and signed on behalf of the board by:

Name: Michael Watts
Status: Director

The notes form part of these financial statements

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Valuation information and policy

    Investments in subsidiaries are measured at cost less accumulated impairment.Investments in unlisted Company shares, whose market value can be reliably determined, areremeasured to market value at each balance sheet date. Gains and losses on reasurement arerecognised in the Statement of Comprehensive Income for the period. Where market value cannotbe reliably determined, such investments are stated at historic cost less impairment.

    Other accounting policies

    Basis of preparation of financial statementsFinancial reporting standard 101 - reduced disclosure exemptionsGoing concernForeign currency translationInterest incomeFinance costsExceptional itemsValuation of investmentsDebtorsCash and cash equivalentsCreditorsDividendsFinancial instruments

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Fixed assets investments note

Fixed asset investmentsInvestmentsinsubsidiarycompanies£000Cost or valuationAt 1 January 2022 33,893Additions 6,271At 31 December 2022 40,164ImpairmentCharge for the period 5,136At 31 December 2022 5,136Net book valueAt 31 December 2022 35,028At 31 December 2021 33,893Additions in the year are as follows:Eurofins Product Testing Services Limited £495,714Eurofins York Limited £5,295,736Eurofins Alba Science Limited £479,565The was an investment write off related to an impairment of the investment in Eurofins BLC LeatherTechnology Centre Limited for £5,136,000

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 3,836,000 2,592,000
Total 3,836,000 2,592,000
Debtors due after more than one year: 0 0

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 7,000 5,000
Other creditors 0 0
Total 7,000 5,000

EUROFINS PRODUCT TESTING UK HOLDING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 25,991,000 19,374,000
Total 25,991,000 19,374,000