Registration number: 07403527

Indigo (London) Holdings Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 6

Indigo (London) Holdings Limited

Company Information

Directors

Mr G Subramanium Mr A J Barker

Registered office

Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Auditors

Wenn Townsend Chartered Accountants and Statutory Auditors 30 St Giles' Oxford OX1 3LE

Indigo (London) Holdings Limited

(Registration number: 07403527)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Investments	4	884,592	884,592
Current assets
Debtors	5	403	717
Creditors: Amounts falling due within one year	6	(1,468,672)	(1,468,671)
Net current liabilities		(1,468,269)	(1,467,954)
Net liabilities		(583,677)	(583,362)
Capital and reserves
Called up share capital	7	3,699,965	3,699,965
Retained earnings		(4,283,642)	(4,283,327)
Shareholders' deficit		(583,677)	(583,362)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 July 2025 and signed on its behalf by:
 

Mr G Subramanium Director

Mr A J Barker Director

Indigo (London) Holdings Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

2	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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company is a wholly owned subsidiary of Contemi Solutions Pte. Ltd (Singapore), a Singapore company, the aggregate turnover and aggregate balance sheet total of the company and its subsidiary are meeting conditions and qualifying as a small group. Accordingly, as per section 383 of the Companies Act 2006, the company has taken advantage of the small group exemption and is exempted from the preparation of consolidated group accounts.

Going concern

For the period ended 31 December 2024, the company reported a net loss of £315, and a negative net worth of £583,677. There exists a material uncertainty due to the reported negative net worth, which is primarily due to the impairment of investments on a prudent and conservative basis.

The rationale for the management to continue to believe that the financial statements are prepared on a going concern basis is a profitable business of the underlying subsidiary and its continuing product demand and a core customer base, which remains largely intact.

Indigo (London) Holdings Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Audit report

The Independent Auditor's Report was unqualified . The name of the Senior Statutory Auditor who signed the audit report on 23 July 2025 was Lee Baker FCA, who signed for and on behalf of Wenn Townsend.

Foreign currency transactions and balances

Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities in foreign currency are translated into sterling at the rate of exchange ruling at the balance sheet date. Exchange gains and losses are recognised in the Profit and Loss account.

Tax

Deferred taxation is provided on all timing differences, without discounting, calculated at the rate at which it is estimated that tax will be payable, except where otherwise required by accounting standards.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

Indigo (London) Holdings Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

4	Investments

Subsidiaries	£
Cost or valuation
At 1 January 2024	10,134,592
At 31 December 2024	10,134,592
Provision
At 1 January 2024	9,250,000
At 31 December 2024	9,250,000
Carrying amount
At 31 December 2024	884,592
At 31 December 2023	884,592