Principal activities of the company

The principal activity of the company during the year was that of a holding company.

Additional information

Dividends The company did not pay a dividend in the year (year ended 30 September 2023: £nil). Going Concern The financial statements have been prepared on a going concern basis which the directors consider to be appropriate. Based on the directors’ assessment, the company is reliant on the continued financial support provided by the ultimate parent company, Inotiv, Inc. which has provided a letter of support confirming that it will provide such support as is necessary for the company to meet its liabilities as they fall due for a period to September 2026, being more than twelve months from the date of approval of these financial statements. The directors have considered the ability of the overall parent, Inotiv, Inc, to provide the required financial resources, and note that the Form 10-K and financial statements for 2024 and the recently filed Form 10-Q for June 2025 for Inotiv, Inc. both included a substantial doubt conclusion in respect of the overall group’s ability to continue as a going concern. The Inotiv, Inc. Form 10-K, including its financial statements for the fiscal year ended 30 September 2024 were issued on 4 December 2024. While the Form 10-K disclosed that Management's fiscal 2025 annual operating plan forecasted compliance with its recently updated financial covenants per the group’s credit agreement, Management asserted that there was substantial doubt about its ability to continue as a going concern. Additionally as part of the Form 10-Q filing on 7 August 2025, Management disclosed that its operating plan forecasted compliance with its financial covenants per the group’s credit agreement; however, Management continued to assert that there was substantial doubt about its ability to continue as a going concern.. As of the date of this report, Management is unable to assert that it is probable that it will remain compliant with the financial covenants over the next 12 months. If non-compliance with its existing Credit Agreement were to occur, Management will need to negotiate and successfully obtain a waiver or cure with the credit agreement lenders. Although Management believes that it will be able to implement its plan and will successfully obtain waivers or cures to any instances of non-compliance under the credit agreements if needed, there can be no assurances that these will prove successful. As a result, it was concluded that substantial doubt about the Inotiv, Inc. group’s ability to continue as a going concern exists. As a consequence of the factors outlined above, the Directors have concluded that this is deemed to represent a material uncertainty that may cast doubt on the company’s ability to continue as a going concern. The financial statements have been prepared on a going concern basis as the Directors believe that the company has the ability to meet its liabilities as they fall due with the continued support of the overall Inotiv, Inc. group. The financial statements contain no adjustments that would arise should the company cease to be a going concern. Events after the end of the reporting period There are no material events to report subsequent to the date of the report but prior to its filing. Directors’ insurance The company has granted an indemnity to its directors against liability in respect of proceedings brought by third parties, subject to the condition set out in the Companies Act 2006. Such qualifying third party indemnity provision remains in force as at the date of approving the directors' report.

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

Name: E M Edmett
Status: Director