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NEULABS LIMITED
REGISTERED NUMBER: 13715890
BALANCE SHEET
AS AT 31 DECEMBER 2024
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Debtors: amounts falling due after more than one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Notes
Neulabs Limited is a company limited by shares, incorporated in England and Wales.
During the financial year 2024, Neulabs, directly and through its subsidiaries, continued its development path at a European level. While in 2023 the Italian subsidiary Neulabs S.r.l. had experienced financial tensions requiring discussions with its financial creditors, in December 2024 the Company, its shareholders and its creditors successfully reached an agreement to realign the terms of the existing financing and strengthen the capital structure.
This agreement, together with the capital support provided by the shareholders, has restored financial balance of the subsidiary. As a result, the financial situation of the group has improved and the basis for future growth has been strengthened.
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NEULABS LIMITED
REGISTERED NUMBER: 13715890
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
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Average number of employees
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The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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E Solidoro
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