STRIX (U.K.) LIMITED

Company Registration Number:
02570237 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

STRIX (U.K.) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

STRIX (U.K.) LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 5,506,742 31,902,203
Investments: 4 30,469,640 30,469,640
Total fixed assets: 35,976,382 62,371,843
Current assets
Debtors: 5 19,346,312 2,032,351
Cash at bank and in hand: 127,062 16,851
Total current assets: 19,473,374 2,049,202
Creditors: amounts falling due within one year:   (48,890,372) (26,440,969)
Net current assets (liabilities): (29,416,998) (24,391,767)
Total assets less current liabilities: 6,559,384 37,980,076
Creditors: amounts falling due after more than one year:   (10,846,795) (41,098,382)
Total net assets (liabilities): (4,287,411) (3,118,306)
Capital and reserves
Called up share capital: 1,000,100 1,000,100
Other reserves: 1,005,816 1,005,816
Profit and loss account: (6,293,327) (5,124,222)
Shareholders funds: (4,287,411) (3,118,306)

The notes form part of these financial statements

STRIX (U.K.) LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: M V E Bartlett
Status: Director

The notes form part of these financial statements

STRIX (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

STRIX (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 21 21

STRIX (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 31,902,203
Additions 1,771
Disposals (26,397,205)
At 31 December 2024 5,506,769
Depreciation
At 01 January 2024 0
Charge for year 27
At 31 December 2024 27
Net book value
At 31 December 2024 5,506,742
At 31 December 2023 31,902,203

STRIX (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Subsidiaries are entities controlled by the Company. Control exists when the Company is exposed to or has the rights to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Investments in subsidiaries are held at cost less any accumulated impairment losses

STRIX (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 19,346,312 2,032,351

STRIX (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

Name of the related party:
Relationship:
subsidiary undertakings
Description of the Transaction: Loan
£
Balance at 01 January 2024 59,669,862
Balance at 31 December 2024 67,447,160
Name of the related party:
Relationship:
Subsidiary undertakings
Description of the Transaction: Loan
£
Balance at 01 January 2024 33,783,856
Balance at 31 December 2024 24,559,230

STRIX (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Post balance sheet events

no events