Wilson International Trading UK Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13450015

Wilson International Trading UK Ltd

Financial Statements

31 December 2024

Wilson International Trading UK Ltd

Strategic Report

Year ended 31 December 2024

Executive Summary: Wilson International Trading UK Ltd operates within the fertiliser trading industry, focusing on the purchase and distribution of fertilisers to clients globally. Our strategic report provides a comprehensive overview of the company's operations and strategic direction for the year ended 31 December 2024. Introduction: Wilson International Trading UK Ltd , established in 2021, continues to build a reputation for reliability, quality, and customer service in the fertiliser market. As a key player in the industry, our strategic decisions are guided by a commitment to sustainable growth, operational excellence, and meeting the evolving needs of our customers. Market Overview: The fertiliser industry remains a critical component in supporting agricultural productivity and ensuring global food security. Despite fluctuations in commodity prices and regulatory challenges, demand for fertilisers remains strong, driven by population growth, changing dietary preferences, and the need to enhance crop yields. Wilson International Trading UK Ltd remains well-positioned to navigate these dynamics through strategic adaptability and supply chain resilience. Business Strategy: Wilson International Trading UK Ltd .'s business strategy revolves around several key factors: Product Portfolio Diversification: We continuously expand and diversify our product portfolio to offer a comprehensive range of fertilisers tailored to meet the specific needs of different crops and regions. Supply Chain Optimisation: We prioritise optimising our supply chain to ensure timely delivery of products to customers while minimising costs and mitigating risks associated with logistics and procurement. Customer Relationship Management: Building strong, long-term relationships with our customers remains central to our strategy. We strive to understand their unique requirements and provide customised solutions and exceptional service to enhance customer satisfaction and loyalty. Sustainability Initiatives: Recognising the importance of sustainability, we are committed to promoting environmentally friendly practices throughout our operations. We actively explore opportunities to reduce our carbon footprint, minimise waste, and support sustainable agricultural practices. Future Outlook: Looking ahead, Wilson International Trading UK Ltd is well-positioned to capitalise on emerging opportunities in the fertiliser market. We will continue to focus on innovation, customer-centricity, and sustainability to drive long-term value for our stakeholders. Additionally, we remain vigilant of potential risks and challenges, including regulatory changes, geopolitical instability, and market volatility, and have implemented proactive measures to mitigate these risks. Conclusion: In conclusion, Wilson International Trading UK Ltd remains committed to delivering superior value to our customers, employees, and shareholders. Our strategic priorities are aligned with the dynamic market landscape, and we are confident in our ability to sustain our growth trajectory while contributing positively to the agricultural industry and the broader economy.

This report was approved by the board of directors on 20 February 2025 and signed on behalf of the board by:

Mr Nagpal

Director

Registered office:

21-22 Grosvenor Street

London

United Kingdom

W1K 4QJ

Wilson International Trading UK Ltd

Directors' Report

Year ended 31 December 2024

The directors present their report and the financial statements of the company for the year ended 31 December 2024 .

Directors

The directors who served the company during the year were as follows:

Mr Nagpal
Mr Muthiah
Mr Bowry

Dividends

The directors do not recommend the payment of a dividend.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, 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 United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments 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 enable them to ensure that the financial statements comply with the Companies Act 2006. They 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.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 20 February 2025 and signed on behalf of the board by:

Mr Nagpal

Director

Registered office:

21-22 Grosvenor Street

London

United Kingdom

W1K 4QJ

Wilson International Trading UK Ltd

Independent Auditor's Report to the Members of Wilson International Trading UK Ltd

Year ended 31 December 2024

Opinion

We have audited the financial statements of Wilson International Trading UK Ltd (the 'company') for the year ended 31 December 2024 which comprise the statement of income and retained earnings, statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 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 year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - 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 UK, including the FRC’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. Our 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. In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.

Opinions 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 year 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, 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.

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: Based on our understanding of the company and industry, we identified that the principal risks of non-compliance with laws and regulations related to company law applicable in England and Wales, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, tax legislation. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to posting inappropriate journal entries to revenue and management bias in accounting estimates. Audit procedures performed by the engagement team included: -Inspecting correspondence with regulators and tax authorities; -Discussions with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud; -Evaluating management's controls designed to prevent and detect irregularities; -Identifying and testing journals, in particular journal entries posted with unusual account combinations, postings by unusual users or with unusual descriptions; and -Challenging assumptions and judgements made by management in their critical accounting estimates. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to 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. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 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 2006. Our 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.

Sunil Phakkey

(Senior Statutory Auditor)

For and on behalf of

Pritchard Fellows & Co Ltd

Chartered certified accountants & statutory auditor

Avery House

8 Avery Hill Road

New Eltham

London

SE9 2BD

20 February 2025

Wilson International Trading UK Ltd

Statement of Income and Retained Earnings

Year ended 31 December 2024

		2024	2023
Note		$	$
Turnover	4	29,743,989	42,179,358

Cost of sales	29,157,076	41,402,868
	-------------	-------------
Gross profit	586,913	776,490

Administrative expenses		294,851	258,509
Other operating income	5	2,328	–
		---------	---------
Operating profit	6	294,390	517,981

Interest payable and similar expenses	9	–	88
		---------	---------
Profit before taxation		294,390	517,893

Tax on profit	10	73,377	129,628
		---------	---------
Profit for the financial year and total comprehensive income		221,013	388,265
		---------	---------

All the activities of the company are from continuing operations.

Wilson International Trading UK Ltd

Statement of Financial Position

31 December 2024

	2024	2023
Note	$	$

Fixed assets

Tangible assets	11	197	784

Current assets

Debtors	12	4,463,500	16,013,030
Cash at bank and in hand		2,000,362	1,640,503
		------------	-------------
		6,463,862	17,653,533

Creditors: amounts falling due within one year	13	4,426,864	15,838,135
		------------	-------------
Net current assets		2,036,998	1,815,398
		------------	------------
Total assets less current liabilities		2,037,195	1,816,182
		------------	------------
Net assets		2,037,195	1,816,182
		------------	------------

Capital and reserves

Called up share capital	15	1,000,000	1,000,000
Profit and loss account	16	1,037,195	816,182
		------------	------------
Shareholders funds		2,037,195	1,816,182
		------------	------------

These financial statements were approved by the board of directors and authorised for issue on 20 February 2025 , and are signed on behalf of the board by:

Mr Nagpal

Director

Company registration number: 13450015

Wilson International Trading UK Ltd

Statement of Cash Flows

Year ended 31 December 2024

	2024	2023
	$	$

Cash flows from operating activities

Profit for the financial year	221,013	388,265

Adjustments for:
Depreciation of tangible assets	598	619
Interest payable and similar expenses	–	88
Tax on profit	73,377	129,628
Accrued expenses	200	2,500

Changes in:
Trade and other debtors	11,549,530	1,281,790
Trade and other creditors	( 11,355,311)	2,276,033
	-------------	------------
Cash generated from operations	489,407	4,078,923

Interest paid	–	( 88)
Tax paid	( 129,628)	( 100,071)
	---------	------------
Net cash from operating activities	359,779	3,978,764
	---------	------------

Cash flows from investing activities

Purchase of tangible assets	( 11)	( 103)
	---------	------------
Net cash used in investing activities	( 11)	( 103)
	---------	------------

Cash flows from financing activities

Proceeds from borrowings	91	2,024
Proceeds from loans from group undertakings	–	( 2,365,537)
	---------	------------
Net cash from/(used in) financing activities	91	( 2,363,513)
	---------	------------

Net increase in cash and cash equivalents	359,859	1,615,148
Cash and cash equivalents at beginning of year	1,640,503	25,355
	------------	------------
Cash and cash equivalents at end of year	2,000,362	1,640,503
	------------	------------

Wilson International Trading UK Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 21-22 Grosvenor Street, London, W1K 4QJ, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements 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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	30% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Turnover

Turnover arises from:

	2024	2023
	$	$
Rendering of services	29,743,989	42,179,358
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Other operating income

	2024	2023
	$	$
Other operating income	2,328	–
	-------	----

6. Operating profit

Operating profit or loss is stated after charging:

	2024	2023
	$	$
Depreciation of tangible assets	598	619
	----	----

7. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2024	2023
	No.	No.
Management staff	2	2
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2024	2023
	$	$
Wages and salaries	121,583	117,878
Social security costs	13,602	17,966
Other pension costs	770	833
	---------	---------
	135,955	136,677
	---------	---------

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2024	2023
	$	$
Remuneration	95,000	93,062
	--------	--------

9. Interest payable and similar expenses

	2024	2023
	$	$
Interest payable - desc in a/cs	–	88
	----	----

10. Tax on profit

Major components of tax expense

	2024	2023
	$	$

Current tax:

UK current tax expense	73,377	129,628
	--------	---------
Tax on profit	73,377	129,628
	--------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2023: higher than) the standard rate of corporation tax in the UK of 24.87 % (2023: 23.52 %).

	2024	2023
	$	$
Profit on ordinary activities before taxation	294,390	517,893
	---------	---------
Profit on ordinary activities by rate of tax	73,228	129,482
Effect of capital allowances and depreciation	149	146
	---------	---------
Tax on profit	73,377	129,628
	---------	---------

11. Tangible assets

	Fixtures and fittings
	$
Cost
At 1 January 2024	1,960
Additions	11
	-------
At 31 December 2024	1,971
	-------
Depreciation
At 1 January 2024	1,176
Charge for the year	598
	-------
At 31 December 2024	1,774
	-------
Carrying amount
At 31 December 2024	197
	-------
At 31 December 2023	784
	-------

12. Debtors

	2024	2023
	$	$
Trade debtors	4,455,851	15,997,491
Other debtors	7,649	15,539
	------------	-------------
	4,463,500	16,013,030
	------------	-------------

13. Creditors: amounts falling due within one year

	2024	2023
	$	$
Trade creditors	4,328,716	15,683,830
Accruals and deferred income	4,400	4,200
Corporation tax	73,377	129,628
Social security and other taxes	3,727	3,924
Director loan accounts	16,644	16,553
	------------	-------------
	4,426,864	15,838,135
	------------	-------------

14. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was $ 770 (2023: $ 833 ).

15. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	$	No.	$
Ordinary shares of $ 1 each	1,000,000	1,000,000	1,000,000	1,000,000
	------------	------------	------------	------------

16. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

17. Analysis of changes in net debt

	At 1 Jan 2024	Cash flows	At 31 Dec 2024
	$	$	$
Cash at bank and in hand	1,640,503	359,859	2,000,362
Debt due within one year	(16,553)	(91)	(16,644)
	------------	---------	------------
	1,623,950	359,768	1,983,718
	------------	---------	------------

18. Related party transactions

As at the reporting date, the company was owed $Nil (2023 - $Nil) by the parent company, Wilson International Trading Private Limited. As of the reporting date, the company owed the director, Mr A C Muthaih $16,644 (2023 - $16,553).

19. Controlling party

The company is under the control of Wilson International Trading Private Limited, which owns 100% of the issued share capital. Wilson International Trading Private Limited is a private company, limited by share capital, incorporated in Singapore under the unique entity number 198101445C. It's registered office is 8 Temasek Boulevard, #17-03, Suntec Tower Three, Singapore, 038988.