Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312025-05-292025-05-302024-12-312025-05-292024-01-01falseNo description of principal activity00truefalsefalse 11299043 2024-01-01 2024-12-31 11299043 2023-01-01 2023-12-31 11299043 2024-12-31 11299043 2023-12-31 11299043 2023-01-01 11299043 c:CompanySecretary1 2024-01-01 2024-12-31 11299043 c:Director1 2024-01-01 2024-12-31 11299043 c:Director2 2024-01-01 2024-12-31 11299043 c:Director2 2024-12-31 11299043 c:Director3 2024-01-01 2024-12-31 11299043 c:Director3 2024-12-31 11299043 c:RegisteredOffice 2024-01-01 2024-12-31 11299043 d:CurrentFinancialInstruments 2024-12-31 11299043 d:CurrentFinancialInstruments 2023-12-31 11299043 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11299043 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11299043 d:ShareCapital 2024-01-01 2024-12-31 11299043 d:ShareCapital 2024-12-31 11299043 d:ShareCapital 2023-01-01 2023-12-31 11299043 d:ShareCapital 2023-12-31 11299043 d:ShareCapital 2023-01-01 11299043 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 11299043 d:RetainedEarningsAccumulatedLosses 2024-12-31 11299043 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 11299043 d:RetainedEarningsAccumulatedLosses 2023-12-31 11299043 d:RetainedEarningsAccumulatedLosses 2023-01-01 11299043 c:OrdinaryShareClass1 2024-01-01 2024-12-31 11299043 c:OrdinaryShareClass1 2024-12-31 11299043 c:OrdinaryShareClass1 2023-12-31 11299043 c:FRS102 2024-01-01 2024-12-31 11299043 c:Audited 2024-01-01 2024-12-31 11299043 c:FullAccounts 2024-01-01 2024-12-31 11299043 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11299043 d:Subsidiary1 2024-01-01 2024-12-31 11299043 d:Subsidiary1 1 2024-01-01 2024-12-31 11299043 d:Subsidiary2 2024-01-01 2024-12-31 11299043 d:Subsidiary2 1 2024-01-01 2024-12-31 11299043 d:Subsidiary3 2024-01-01 2024-12-31 11299043 d:Subsidiary3 1 2024-01-01 2024-12-31 11299043 d:Subsidiary4 2024-01-01 2024-12-31 11299043 d:Subsidiary4 1 2024-01-01 2024-12-31 11299043 d:Subsidiary5 2024-01-01 2024-12-31 11299043 d:Subsidiary5 1 2024-01-01 2024-12-31 11299043 d:Subsidiary6 2024-01-01 2024-12-31 11299043 d:Subsidiary6 1 2024-01-01 2024-12-31 11299043 d:Subsidiary7 2024-01-01 2024-12-31 11299043 d:Subsidiary7 1 2024-01-01 2024-12-31 11299043 d:Subsidiary9 2024-01-01 2024-12-31 11299043 d:Subsidiary9 1 2024-01-01 2024-12-31 11299043 d:Subsidiary11 2024-01-01 2024-12-31 11299043 d:Subsidiary11 1 2024-01-01 2024-12-31 11299043 d:Subsidiary12 2024-01-01 2024-12-31 11299043 d:Subsidiary12 1 2024-01-01 2024-12-31 11299043 6 2024-01-01 2024-12-31 11299043 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Company registration number: 11299043







ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2024


SHEFFIELD HAWORTH INTERNATIONAL LIMITED






































img3f2a.png                        

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
COMPANY INFORMATION


Directors
A N Cormack 
F Miah (appointed 17 April 2025)




Company secretary
I Shahid



Registered number
11299043



Registered office
Forum 33 Gutter Lane
5th Floor

London

EC2V 8AS




Independent auditor
Menzies LLP
Chartered Accountants & Statutory Auditor

4th Floor, 95 Gresham Street

London

EC2V 7AB





 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 



CONTENTS



Page
Strategic Report
1
Directors' Report
2 - 3
Independent Auditor's Report
4 - 7
Statement of Comprehensive Income
8
Statement of Financial Position
9
Statement of Changes in Equity
10
Notes to the Financial Statements
11 - 16


 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
STRATEGIC REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2024

Introduction
 
The principal activity of the Company during the year was that of an intermediate holding company. The Company holds the trading companies within the group.

Business review
 
During this period the Company received dividends from its subsidiaries and paid dividends up to its parent company.

Principal risks and uncertainties
 
The main risks relate to the wider economic environment and its impact on recruitment trends. An economy under duress is more likely to result in businesses being more cautious in their hiring plans.

Key performance indicators
 
The Company holds investments in subsidiary companies. In the opinion of the directors there are no Key Performance Indicators that are used to measure the Company’s performance for the year.


This report was approved by the board and signed on its behalf.



A N Cormack
Director

F Miah
Director


Date: 29 May 2025


Page 1

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2024

The directors present their report and the financial statements for the period ended 31 December 2024.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Dividends

The directors have not recommended payment of a final dividend at the present time.

Directors

The directors who served during the period were:

A N Cormack  
P T Meehan  (resigned 19 June 2024)

Matters covered in the strategic report

In accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 the Strategic Report preceding the Director's Report includes information that would have formerly been included in the financial risk management objectives and policies and future developments sections of the Director's Report.

Disclosure of information to auditor

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:
 
so far as the director is aware, there is no relevant audit information of which the Company's auditor is unaware, and

the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditor is aware of that information.

Post balance sheet events

There have been no significant events affecting the Company since the year end.

Page 2

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024

This report was approved by the board and signed on its behalf.
 





A N Cormack
Director
F Miah
Director


Date: 29 May 2025
Date: 29 May 2025

Page 3

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 

img2579.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHEFFIELD HAWORTH INTERNATIONAL LIMITED

Opinion


We have audited the financial statements of Sheffield Haworth International Limited (the 'Company') for the period ended 31 December 2024, which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policiesThe financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).


In our opinion the financial statements:


give a true and fair view of the state of the Company's affairs as at 31 December 2024 and of its profit for the period then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion


We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern


In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.


Other information


The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the Annual ReportOur opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.


We have nothing to report in this regard.


Page 4

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED


img4354.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHEFFIELD HAWORTH INTERNATIONAL LIMITED (CONTINUED)

Opinion on other matters prescribed by the Companies Act 2006
 

In our opinion, based on the work undertaken in the course of the audit:


the information given in the Strategic Report and the Directors' Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.


Matters on which we are required to report by exception
 

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.


We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:


adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.


Responsibilities of directors
 

As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.


Page 5

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED


img6b18.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHEFFIELD HAWORTH INTERNATIONAL LIMITED (CONTINUED)

Auditor's responsibilities for the audit of the financial statements
 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The Company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation. We determined that the following laws and regulations were most significant including:
• Companies Act 2006
• Financial Reporting Standards 102
We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.
We understood how the Company is complying with those legal and regulatory frameworks by, making inquiries to management, those responsible for legal and compliance procedures and the company secretary. We corroborated our inquiries through our review of board minutes.
The engagement partner assessed whether the engagement team collectively had the appropriate competence and capabilities to identify or recognize non-compliance with laws and regulations. The assessment did not identify any issues in this area.
We assessed the susceptibility of the Company’s financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:
• Identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;
• Understanding how those charged with governance considered and addressed the potential for override of controls    or other inappropriate influence over the financial reporting process;
• Challenging assumptions and judgments made by management in its significant accounting estimates; and
• Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations.
As a result of the above procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: 
• Posting of unusual journals and complex transactions.


Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.


A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's Report.


Page 6

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED


img54c0.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHEFFIELD HAWORTH INTERNATIONAL LIMITED (CONTINUED)

Use of our report
 

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.





Andrew Wooding FCA (Senior Statutory Auditor)
for and on behalf of
Menzies LLP
Chartered Accountants
Statutory Auditor
4th Floor, 95 Gresham Street
London
EC2V 7AB

30 May 2025
Page 7

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 31 DECEMBER 2024

2024
2023
£
£


Administrative expenses
(30)
(180)

Operating loss
(30)
(180)

Income from fixed assets investments
5,052,133
5,944,525

Profit before tax
5,052,103
5,944,345

Profit for the financial period
5,052,103
5,944,345

There was no other comprehensive income for 2024 (2023:£NIL).

The notes on pages 11 to 16 form part of these financial statements.

Page 8

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
REGISTERED NUMBER:11299043



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 8 
718,419
718,419

  
718,419
718,419

Current assets
  

Debtors: amounts falling due within one year
 9 
28,270,189
23,218,056

Cash at bank and in hand
 10 
90
120

  
28,270,279
23,218,176

Creditors: amounts falling due within one year
 11 
(28,781,079)
(23,741,013)

Net current liabilities
  
 
 
(510,800)
 
 
(522,837)

Total assets less current liabilities
  
207,619
195,582

  

Net assets
  
207,619
195,582


Capital and reserves
  

Called up share capital 
 12 
189,621
189,621

Profit and loss account
  
17,998
5,961

  
207,619
195,582


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A N Cormack
F Miah
Director
Director


Date: 29 May 2025
Date: 29 May 2025

The notes on pages 11 to 16 form part of these financial statements.

Page 9

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 



STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
189,621
6,141
195,762


Comprehensive income for the year

Profit for the year
-
5,944,345
5,944,345
Total comprehensive income for the year
-
5,944,345
5,944,345


Contributions by and distributions to owners

Dividends: Equity capital
-
(5,944,525)
(5,944,525)


Total transactions with owners
-
(5,944,525)
(5,944,525)



At 1 January 2024
189,621
5,961
195,582


Comprehensive income for the period

Profit for the period
-
5,052,103
5,052,103
Total comprehensive income for the period
-
5,052,103
5,052,103


Contributions by and distributions to owners

Dividends: Equity capital
-
(5,040,066)
(5,040,066)


Total transactions with owners
-
(5,040,066)
(5,040,066)


At 31 December 2024
189,621
17,998
207,619


The notes on pages 11 to 16 form part of these financial statements.

Page 10

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Sheffield Haworth International Limited is a private company, limited by shares, registered in England and Wales. The address of the registered office is the same as that of the principal place of business and is disclosed on the company information page. The principal activity of the Company and the nature of its operations are set out in the Strategic Report. 
The company policy is that it is a holding company and has not traded since its incorporation.  

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

  
2.3

Disclosure exemptions

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of its ultimate parent undertakings established under the law of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies House 2006. 
The Company also satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following reduced disclosures available under FRS 102 in respect of the Company: 
(a) No cash flow statement has been presented.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 11

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Significant judgements
Management do not consider there to be any areas of judgement (apart from those involving estimations).
Key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:
Impairment of goodwill, subsidiary and associated companies
Determining whether goodwill or an investment is impaired requires an estimation of its fair value. This is based on the future operating performance of the cash-generating unit or individual company.


4.


Auditors' remuneration

2024
2023
£
£
Fees payable to the Company's auditor and its associates for the audit of the Company's annual financial statements

4,100

3,700
 


5.


Employees



The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

Page 12

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Taxation


2024
2023
£
£

Total current tax
 
-
 
-

Factors affecting tax charge for the period/year

The tax assessed for the year is lower than (2023 - lower than) the standard rate of corporation tax in the UK of 25% (2023 - 23.5%). The differences are explained below:

2024
2023
£
£


Profit on ordinary activities before tax
5,052,103
5,944,345


Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2023 - 23.5%)
1,263,033
1,396,921

Effects of:


Dividends from UK companies
(1,263,033)
(1,396,921)

Total tax charge for the year
-
-


Factors that may affect future tax charges

There were no factors that may affect future tax charges.


7.


Dividends

2024
2023
£
£


Equity dividends on ordinary shares
5,040,066
5,944,525

5,040,066
5,944,525

Page 13

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

8.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
718,419



At 31 December 2024
718,419





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Sheffield Haworth Sarl
Avenue Jules-Crosiner 61206 Geneve
Ordinary
100%
Sheffield Haworth (Australia) Pty. Limited
Level 6, 1 Chiffley Square, Sydney, NSW 2000
Ordinary
100%
Sheffield Haworth Limited
Forum, 5th Floor, 33 Gutter Lane, London, EC2V 8AS
Ordinary
100%
Sheffield Haworth (Middle East) Limited
Office Building 1, Office M05, Mezzanine Level, DIFC - Currency House, P.O Box 4802072, Dubai, UAE
Ordinary
100%
Sheffield Haworth Inc
777 Third Avenue, 36th Floor, New York, NY 10017
Ordinary
100%
Sheffield Haworth (Asia) Limited
Suite 2003 Tower One, Lippo Centre, 89 Queensway, Hong Kong
Ordinary
100%
Sheffield & Vermack Consultants PVT Limited *
#203, 2nd Floor, Time Tower, Mehrauli - Gurgaon Road, Gurgoan - 122022
Ordinary
100%
Sheffield Haworth (Asia) PTE Limited *
1 Wallich Street, #14-01 Guoco Tower, Singapore, 078881
Ordinary
100%
Sheffield Haworth Management Consulting (Shanghai) Co., Limited *
Unit 2353, Level 23, Five Corporate Avenue, 150 HuBin Road, Shanghai 200021, China
Ordinary
100%
NBI Consulting (HK) Limited *
1 Wallich Street, #14-01 Guoco Tower, Singapore, 078881
Ordinary
100%

Page 14

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Subsidiary undertakings (continued)

* Denotes indirect subsidiary undertaking.

Indirect associate
Objectivus Financial Consulting Limited was an indirect associate of the Company:
Name        Registered office Class of shares Holding
Objectivus Financial Consulting Limited   35 Ballards Lane, Ordinary   40%
          London, N3 1XW
 


9.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
28,270,189
23,218,056

28,270,189
23,218,056



10.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
90
120

90
120



11.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
28,781,079
23,741,013

28,781,079
23,741,013


Page 15

 


SHEFFIELD HAWORTH INTERNATIONAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,896,210 (2023 - 1,896,210) Ordinary shares of £0.10 each
189,621
189,621



13.


Information about parent company

The ultimate and immediate parent company is SH Global Plc. The results of the company are included in the SH Global Plc consolidated financial statements, and this is the largest and smallest group for which accounts are drawn up. The registered office of SH Global Plc is Forum, 5th Floor, 33 Gutter Lane, London, EC2V 8AS.

 
Page 16