Stabilo NV & H Van der Hoorn
During the prior year the company purchased goods/services totalling £2,144,346 (2023: £Nil) from Stabilo NV & H Van der Hoorn a former shareholder of the company and H Van der Hoorn being a shareholder of Stabilo NV.
Ronald Phillips Limited
During the prior year the company made sales totalling £60,072 (2023: £Nil) to Ronald Phillips Limited. Simon Phillips, a director and shareholder of Ronald Phillips Limited was a prior director and shareholder of the company. The outstanding owing to Ronald Phillips Limited at 31 December 2023 was £nil (2022: £7,632).
Kennedy Dundas Limited
During the prior year the company made purchases totalling £50,000 (2023: £nil) from Kennedy Dundas Limited, a company under common directorship of Lucie Kitchener.
Masterpiece Asia Limited
During the year the company made purchases totalling £9,128 (2022: £10,579) for Masterpiece Asia Limited, the company's subsidiary.
MCH Swiss Exhibition (Basel) Ltd
During the year the company received £835,000 (2022: £2,000,000) capital loan from MCH Swiss Exhibition (Basel) Ltd the company's parent company. On 27 February 2023 £2,000,000 of loan balances between the company and MCH Swiss Exhibition (Basel) Limited were waived as non-refundable and gratuitous contributions to the capital of the company without the issuance of any shares or any rights in the company in exchange.
During the year, loan interest of £32,331 was charged by MCH Swiss Exhibition (Basel) Ltd. This is recorded within trade creditors. As at 31 December 2023 the company owed MCH Swiss Exhibition (Basel) Ltd £867,331 (2022: £2,000,000).
MCH Group AG
During the year, the company received an amount totalling £0 (2022: £350,000) from MCH Group AG, the owner of MCH Swiss Exhibition (Basel) Ltd. In the year the company made interest payments totalling £0 (2022: £13,656) to MCH Group AG.
On 27 February 2023 loans totalling £650,000 between the company and MCH Group AG were waived as non-refundable and gratuitous contributions to the capital of the company without the issuance of any shares or rights in the company in exchange.
As at 31 December 2023 the company owed MCH Group AG £0 (2022: £650,000).