The company holds 20% or more of the share capital in the following companies:
Company Subsidiary undertakings
S.A.I Technical Developments Limited
Registered in the United Kingdom, dormant business, 100% Ordinary £1 shares held
Link Holdings (Pty) Limited
Registered in South Africa, investment holding company, 100% Ordinary R1 shares held
Participating interests
Latex Threads of South Africa (Pty) Limited
Registered in South Africa, Manufacture of latex and textile products, 40% Ordinary R1 shares held via Link Holdings (Pty) Limited
Sitex Manufacturers (Pty) Limited
Registered in South Africa, Manufacture of elastomeric products, 40% Ordinary R1 shares held via Link Holdings (Pty) Limited
During the year, the following transactions took place with related parties:
Dividends paid from Latex Threads of South Africa (Pty) Limited £77623 (2023 £102764)
Management fees paid to Linian Limited £40,000 (2023 £40,000)
Amounts owed to group undertakings
At the end of the year the amounts owed from group undertakings and undertakings in which the company has a participating interest was £87262 (2023 £83567)