Registration number:
for the
Year Ended 31 December 2024
Wahl Clipper Holdings UK I Limited
Contents
|
Company Information |
|
|
Strategic Report |
|
|
Directors' Report |
|
|
Statement of Directors' Responsibilities |
|
|
Independent Auditor's Report |
|
|
Profit and Loss Account |
|
|
Balance Sheet |
|
|
Statement of Changes in Equity |
|
|
Notes to the Financial Statements |
Wahl Clipper Holdings UK I Limited
Company Information
|
Directors |
M R Smith M Woessner |
|
Registered office |
|
|
Auditors |
|
Wahl Clipper Holdings UK I Limited
Strategic Report for the Year Ended 31 December 2024
The directors present their strategic report for the year ended 31 December 2024.
Principal activity
The principal activity of the company is that of a holding company.
Fair review of the business
The results for the year which are set out in the profit and loss account show income from shares in group undertakings of £55,268,762 (2023 - £33,427,726) and a profit before tax of £55,268,762 (2023 - £33,180,619). At 31 December 2024, the company had net assets of £383,986,081 (2023 - £383,986,081). The directors consider the financial position at the year end to be satisfactory.
Section 172(1) statement
The directors of the company must act in accordance with the duties detailed in Section 172 of the Companies Act 2006 which is summarised as follows:
A director of a company must act in the way he considers, in good faith, would be most likely to promote the success of the company for the benefit of its members as a whole, and in doing so have regard (amongst other matters) to:
a) The likely consequences of any decision in the long term.
The directors have acted in a way in which they consider, in good faith, would be most likely to promote the success of the company for the benefit of its stakeholders. The company is headed by an effective Board of Directors who bring a wealth of experience which drives the strategy of the company.
b) The impact of the company’s operations on the community and the environment.
The directors consider the impact of the company’s operations on both the community and environment whenever decisions are made.
c) The desirability of the company maintaining a reputation for high standards of business conduct.
The director’s intention is to behave responsibly and ensure that management operate the business in a responsible manner, operating within the high standards of business conduct and good governance expected for our business. There is a low appetite for reputational risk given the presence of the company name in the marketplace.
d) The need to act fairly between members of the company.
As the Board of Directors, our intention is to behave responsibly toward our shareholders and treat them fairly and equally, so they too may benefit from the successful delivery of our plan.
Other major stakeholder groups include the company’s advisors, auditors, regulators and HMRC. With all these stakeholder groups, the directors maintain regular and open dialogue to ensure that all parties are kept informed. The directors believe this is essential to building strong working relationships.
Principal risks and uncertainties
The company’s results arise from transactions with fellow group undertakings within the group headed by Wahl Clipper Corporation. The Directors are therefore of the opinion that the company is not directly exposed to significant risk and uncertainty; however, by the very nature of its activities, the company is indirectly exposed to similar risks and uncertainties to those faced by other group companies. Details of the proposed risks and uncertainties facing the group headed by Wahl Clipper Corporation are disclosed in the financial statements of that company.
Approved by the
Director
Wahl Clipper Holdings UK I Limited
Directors' Report for the Year Ended 31 December 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
Directors of the company
The directors who held office during the year were as follows:
Going concern
The directors are intending to wind down the company, including the appropriate transfer of its investments, within the next twelve months with a view to dissolving the company. Accordingly, the directors do not consider it appropriate to prepare the financial statements on a going concern basis and this includes, where applicable, writing down the company’s assets to their net realisable value and making provisions against contracts that have become onerous at the reporting date. No material adjustments arose as a result of ceasing to apply the going concern basis.
Financial instruments
Objectives and policies
The company's financial asset comprises an investment in a subsidiary entity. The main risk arising from the company's financial instruments is set out below.
Credit risk
The company's financial asset comprises an investment in a subsidiary entity. The company's credit risk is attributable to this financial asset and the company's policies are aimed at minimising such losses. The amounts presented in the balance sheet are, where appropriate, net of impairment. An allowance for impairment is made where there is an identified loss event, which, based on previous experience, is evidence of a reduction in recoverability.
Carbon & energy reporting
The company is exempt from the requirement to disclose information concerning the annual quantity of emissions and energy consumption as its annual consumption does not exceed 40,000kWh.
Future developments
Given that the directors intend to wind down the company within the next twelve months, with a view of dissolving the company, there are not expected to be any future developments.
Disclosure of information to the auditors
Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.
Reappointment of auditors
Hazlewoods LLP have expressed their willingness to continue in office.
Approved by the
Director
Wahl Clipper Holdings UK I Limited
Statement of Directors' Responsibilities
The directors acknowledge their responsibilities for preparing the Annual 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 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 and apply them consistently; |
|
• |
make judgements and accounting estimates that are reasonable and prudent; |
|
• |
state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
|
• |
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.
Wahl Clipper Holdings UK I Limited
Independent Auditor's Report to the Members of Wahl Clipper Holdings UK I Limited
Opinion
We have audited the financial statements of Wahl Clipper Holdings UK I Limited (the 'company') for the year ended 31 December 2024, which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, and Notes to the Financial Statements, 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 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 year 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 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.
Emphasis of matter
We draw attention to Note 2 to the financial statements which explains that the directors intend to wind down the company within the next twelve months with a view to dissolving the company, and therefore do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 2. Our opinion is not modified in respect of this matter.
Other information
The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. 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.
Opinion on other matter 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 Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
|
• |
the Strategic Report and 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 our 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 and the Directors' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
Wahl Clipper Holdings UK I Limited
Independent Auditor's Report to the Members of Wahl Clipper Holdings UK I Limited
|
• |
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 Statement of Directors' Responsibilities set out on page 4, 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.
Extent to which the audit was capable of detecting irregularities, including fraud
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:
We considered the nature of the company’s industry and its control environment and reviewed the company’s documentation of their policies and procedures relating to fraud and compliance with laws and regulations. We also enquired of management about their own identification and assessment of the risks of irregularities.
We obtained an understanding of the legal and regulatory framework that the company operates in and identified the key laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements, including the UK Companies Act and tax legislation, and, those that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company’s ability to operate or to avoid a material penalty.
We discussed among the audit engagement team regarding the opportunities and incentives that may exist within the organisation for fraud and how and where fraud might occur in the financial statements.
In common with all audits conducted in accordance with ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override of controls. In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments; assessed whether the judgements made in accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business.
In addition to the above, our procedures to respond to the risks identified included the following:
|
• |
reviewing financial statement disclosures by testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; |
|
• |
performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatements due to fraud; |
|
• |
enquiring of management concerning actual and potential litigation and claims and instances of non-compliance with laws and regulations; and |
|
• |
reading minutes of meetings of those charged with governance. |
Wahl Clipper Holdings UK I Limited
Independent Auditor's Report to the Members of Wahl Clipper Holdings UK I Limited
Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.
A further description of our responsibilities is available on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use of this 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.
For and on behalf of
Staverton Court
Staverton
GL51 0UX
Wahl Clipper Holdings UK I Limited
Profit and Loss Account for the Year Ended 31 December 2024
|
Note |
2024 |
2023 |
|
|
Income from shares in group undertakings |
|
|
|
|
Interest payable and similar expenses |
- |
( |
|
|
Profit before tax |
|
|
|
|
Tax on profit |
- |
( |
|
|
Profit for the financial year |
|
|
The above results were derived from continuing operations.
The company has no other comprehensive income for either year.
Wahl Clipper Holdings UK I Limited
(Registration number: 13707377)
Balance Sheet as at 31 December 2024
|
Note |
2024 |
2023 |
|
|
Fixed assets |
|||
|
Investments |
|
|
|
|
Capital and reserves |
|||
|
Called up share capital |
3 |
3 |
|
|
Share premium reserve |
375,207,349 |
375,207,349 |
|
|
Profit and loss account |
8,778,729 |
8,778,729 |
|
|
Shareholders' funds |
383,986,081 |
383,986,081 |
Approved and authorised by the
Director
Wahl Clipper Holdings UK I Limited
Statement of Changes in Equity for the Year Ended 31 December 2024
|
Share capital |
Share premium |
Profit and loss account |
Total |
|
|
At 1 January 2024 |
|
|
|
|
|
Profit for the year |
- |
- |
|
|
|
Dividends |
- |
- |
( |
( |
|
At 31 December 2024 |
|
|
|
|
|
Share capital |
Share premium |
Profit and loss account |
Total |
|
|
At 1 January 2023 |
|
|
( |
|
|
Profit for the year |
- |
- |
|
|
|
Dividends |
- |
- |
( |
( |
|
At 31 December 2023 |
3 |
375,207,349 |
8,778,729 |
383,986,081 |
Wahl Clipper Holdings UK I Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.
The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.
Summary of disclosure exemptions
Wahl Clipper Holdings UK I Limited meets the definition of a qualifying entity under FRS 102 and has therefore taken advantage of the disclosure exemptions available to it in respect of its own financial statements. Exemptions have been taken in relation to presentation of a statement of cash flows and financial instruments.
Group accounts not prepared
Going concern
The directors are intending to wind down the company, including the appropriate transfer of its investments, within the next twelve months with a view to dissolving the company. Accordingly, the directors do not consider it appropriate to prepare the financial statements on a going concern basis and this includes, where applicable, writing down the company’s assets to their net realisable value and making provisions against contracts that have become onerous at the reporting date. No material adjustments arose as a result of ceasing to apply the going concern basis.
Critical accounting judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
Judgements
No significant judgement have been made by management in preparing these financial statements.
Wahl Clipper Holdings UK I Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
Key sources of estimation uncertainty
No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies.
Tax
The tax expense for the period comprises current tax. Tax is recognised in the profit and loss account, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Investments
Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Financial instruments
Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss as described below.
A non financial asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
The recoverable amount of goodwill is derived from measurement of the present value of the future cash flows of the cash-generating units ('CGUs') of which the goodwill is a part. Any impairment loss in respect of a CGU is allocated first to the goodwill attached to that CGU, and then to other assets within that CGU on a pro-rata basis.
Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised. Where a reversal of impairment occurs in respect of a CGU, the reversal is applied first to the assets (other than goodwill) of the CGU on a pro-rata basis and then to any goodwill allocated to that CGU.
Wahl Clipper Holdings UK I Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.
|
Interest payable and similar expenses |
|
2024 |
2023 |
|
|
Interest payable on loans from group undertakings |
- |
247,107 |
|
Staff numbers |
The company employed no staff during the period and consequently no payroll costs were incurred.
None of the directors received any emoluments in connection with the management of the company or otherwise in respect of their position as directors of the company.
|
Auditors' remuneration |
Audit fees of £6,210 (2023 - £5,915) have been borne by another group company.
|
Taxation |
Tax charged in the profit and loss account
|
2024 |
2023 |
|
|
Current taxation |
||
|
UK corporation tax adjustment to prior periods |
- |
|
The tax on profit before tax for the year is lower than the standard rate of corporation tax in the UK (2023 - lower than the standard rate of corporation tax in the UK) of
The differences are reconciled below:
|
2024 |
2023 |
|
|
Profit before tax |
|
|
|
Corporation tax at standard rate |
|
|
|
Tax increase arising from group relief |
|
|
|
Amounts charged directly to STRGL or otherwise transferred |
- |
( |
|
Tax (decrease)/increase from other tax effects |
( |
|
|
Effect of revenues exempt from taxation |
(13,817,191) |
(7,862,384) |
|
Total tax charge |
- |
|
Wahl Clipper Holdings UK I Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
|
Investments |
|
2024 |
2023 |
|
|
Investments in subsidiaries |
|
|
|
Subsidiaries |
£ |
|
Cost |
|
|
At 1 January 2024 |
|
|
At 31 December 2024 |
|
|
Carrying amount |
|
|
At 31 December 2024 |
|
|
At 31 December 2023 |
|
The company directly holds 100% of the share capital of Wahl Clipper International Holding B.V. The company indirectly holds the shares in the following entities:
- Wahl Clipper Shanghai Trading Co., Ltd, a company incorporated in Shanghai. The registered address of the company is Wangjiao Plaza, No. 175 East Yanan Road, Shanghai, China.
- Wahl Hungaria KFT, a company incorporated in Hungary. The registered address of the company is Mosonmagyaróvár, Barátság u. 6, 9200 Hungary.
- Wahl Rus LLC, a company incorporated in Russia. The registered address of the company is (ООО «Уолл Рус»), Российская Федерация, 129164, Москва, Ракетный бульвар, 16.
- Wahl MEA FZCO, a company incorporated in the UAE. The registered address of the company is Office #241, Building #4W - Block B - Dubai Airport Free Zone - Dubai - United Arab Emirates.
- Wahl International Consumer Group, a company incorporated in the Netherlands. The registered address of the company is Engelenburgstraat 36, 7391 AM Twello, Netherlands.
- Wahl Clipper Ningbo, Ltd, a company incorporated in China. The registered address of the company is Zhongxing East Road #28-30, Xikou Town, Fenghua, Zhejiang, China.
- Wahl Vietnam Co. Ltd, a company incorporated in Vietnam. The registered address of the company is Lot Q-3C, Street No. 6, Long Hau Industrial Park Extended, Hamlet 3, Long Hau Commune, Can Giuoc District, Long An Province, Vietnam.
- Lister Shearing Equipment Limited, a company incorporated in the United Kingdom. The registered address of the company is Staverton Court, Staverton, Cheltenham, GL51 0UX.
- Wahl Canada Inc., a company incorporated in Canada. The registered address of the company is 165 Riviera Dr, Markham, ON L3R 5J6.
- Wahl GmbH, a company incorporated in Germany. The registered address of the company is Villinger Str. 4, 78112 St. Georgen, Germany.
- Wahl SE Asia Pte. Ltd, a company incorporated in Singapore. The registered address of the company is 6 Temasek Boulevard, #29-00 Suntec Tower 4, Singapore 038986.
- Wahl France SAS, a company incorporated in France. The registered address of the company is 1 c Rue Foch, 67450 Mundolsheim, France.
- Wahl Electrical Trading Co. Ltd, a company incorporated in Turkey. The registered address of the company is Caddebostan Mah. Çam Fıstığı Sok. Taç İş Merkezi No:2 Daire: 6 34728 Kadıköy/ İSTANBUL.
Wahl Clipper Holdings UK I Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
- Wahl Clipper Brazil Ltd, a company incorporated in Brazil. The registered address of the company is Rodovia Geraldo Scavone, 2300, UC 45. Pedregulho. Jacareí - SP. CEP: 1230549
- Wahl India Grooming Products, a company incorporated in India. The registered address of the company is B-1002, 10TH Floor, B-Wing, Lotus Corporate Park, Off Jay Coach Flyover, Western Express Highway, Goregaon-East, Mumbai-400 063.
- Wahl Clipper Pty Ltd, a company incorporated in Australia. The registered address of the company is PO Box 456, Acacia Ridge QLD 4110, Australia.
- Wahl Italia SRL, a company incorporated in Italy. The registered address of the company is Via Altabella, 17, 40125 Bologna BO, Italy.
- Careo Trading AB, a company incorporated in Sweden. The registered address of the company is Stallgången 4A, SE-462 40 Vänersborg, Sweden
- Wahl (UK) Limited, a company incorporated in the United Kingdom. The registered address of the company is Sterling House, Clipper Close, Ramsgate, Kent, CT12 5GG.
- Wahl Nederland B.V., a company incorporated in the Netherlands. The registered address of the company is Engelenburgstraat 36, 7391 AM Twello, Netherlands.
- Wahl NZ, a company incorporated in New Zealand. The registered address of the company is PO Box 38 323, Wellington Mail Centre, Lower Hutt 5045, New Zealand.
The principal activity of the companies is the import, sale, service, pack and distribution of electrical appliances. All subsidiaries are 100% owned.
|
Share capital |
Allotted, called up and fully paid shares
|
2024 |
2023 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
2.92 |
|
2.92 |
|
Reserves |
Called up share capital
Share capital represents the issued equity share capital of the company.
Share premium reserve
This contains the premium arising on the issue of share capital, net of issue expenses.
Profit and loss account
Represents cumulative profits or losses, net of dividends paid and other adjustments.
|
Dividends |
|
2024 |
2023 |
|
|
Dividends paid |
55,268,762 |
23,848,484 |
Wahl Clipper Holdings UK I Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
|
Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate parent is
The most senior parent entity producing publicly available financial statements, which include the results of Wahl Clipper Holdings UK I Limited is