Registered number: 15561668
FOR THE PERIOD ENDED 30 JUNE 2025
PARADIGM HOLDINGCO LIMITED
COMPANY INFORMATION
PARADIGM HOLDINGCO LIMITED
CONTENTS
PARADIGM HOLDINGCO LIMITED
GROUP STRATEGIC REPORT
FOR THE PERIOD ENDED 30 JUNE 2025
The directors present their strategic report for Paradigm Holdingco Limited ('the parent Company') and its subsidiaries (together 'the Group') for the 15 month period ended 30 June 2025.
The principal activity of the Group is the design and production of scientific instruments and software.
The directors report that the market in which the business operates remains competitive in the current economic
climate, impacting on the margins achieved on many product lines and pre-tax profitability. The principal activity
of the Group throughout the year continued to be that of the design and production of scientific instruments
and software.
The directors report that the market in which the business operates remains competitive in the current economic
climate, impacting on the margins achieved on many product lines and pre-tax profitability. The principal activity
of the Group throughout the year continued to be that of the design and production of scientific instruments
and software.
Sales and Profit risk - the Group operates in a competitive market but retains a good market share and
continues to outperform some of its rivals. The Group's aim is to continue growing its turnover by introducing
new products and adding to existing ranges and services. The introduction of import tariffs by the US will have an impact on profit, however the potential impact is at this stage unknown.
Credit Risk - the Group mainly deals with well-established organisations with little risk; where there is risk it
alters its payment terms so that the bulk of the debt is paid before delivery.
Liquidity Risk - the directors control and monitor the cash flow of the Group on a regular basis.
Foreign Exchange Rate Risk - the Group is not immune to changes in the global economic environment and
subsequent fluctuations in foreign exchange rates. The directors reduce foreign exchange rate risk by holding
funds in foreign currency and chooses carefully when to transfer them to sterling.
Employees - in order to meet its objectives it is essential that the Group recruits and retains the highest
calibre of employees at every level of the organisation. The employment policies of the Group embody the
principles of equal opportunity. The Group gives full and fair consideration to employment for disabled
persons. If an employee became disabled, arrangements would be made wherever practicable by identifying
employment suited to that person's capabilities and providing necessary retraining.
continues to outperform some of its rivals. The Group's aim is to continue growing its turnover by introducing
new products and adding to existing ranges and services. The introduction of import tariffs by the US will have an impact on profit, however the potential impact is at this stage unknown.
Credit Risk - the Group mainly deals with well-established organisations with little risk; where there is risk it
alters its payment terms so that the bulk of the debt is paid before delivery.
Liquidity Risk - the directors control and monitor the cash flow of the Group on a regular basis.
Foreign Exchange Rate Risk - the Group is not immune to changes in the global economic environment and
subsequent fluctuations in foreign exchange rates. The directors reduce foreign exchange rate risk by holding
funds in foreign currency and chooses carefully when to transfer them to sterling.
Employees - in order to meet its objectives it is essential that the Group recruits and retains the highest
calibre of employees at every level of the organisation. The employment policies of the Group embody the
principles of equal opportunity. The Group gives full and fair consideration to employment for disabled
persons. If an employee became disabled, arrangements would be made wherever practicable by identifying
employment suited to that person's capabilities and providing necessary retraining.
The Group's key performance indicators for the period are as follows:
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PARADIGM HOLDINGCO LIMITED
GROUP STRATEGIC REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
This report was approved by the board on 10 December 2025 and signed on its behalf.
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PARADIGM HOLDINGCO LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 30 JUNE 2025
The directors present their report and the consolidated financial statements of Paradigm Holdingco Limited ('the parent Company') for the period ended 30 June 2025.
The Company was incorporated 14 March 2024. On 13 May 2024 the Company acquired 100% of Lablogic Group Holdings Limited as part of a reconstruction agead of an acquisition of a majority interest in the company by the Lablogic Employee Ownership Trust in July 2024.
The Company was incorporated 14 March 2024. On 13 May 2024 the Company acquired 100% of Lablogic Group Holdings Limited as part of a reconstruction agead of an acquisition of a majority interest in the company by the Lablogic Employee Ownership Trust in July 2024.
The profit for the period, after taxation and minority interests, amounted to £4,107,474.
During the period, the Company made contributions of £20,183,189 to the Lablogic Employee Ownership Trust.
The directors who served during the period were:
The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Group's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group 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 the Group and to 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 the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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PARADIGM HOLDINGCO LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
The Group continues to operate a sales strategy based on providing new model ranges and increasing and
improving existing model ranges. The Group continues to review and improve the performance of its products
to ensure they remain one of the leading suppliers in the market. The Group continues to look to increase its
geographical market share by trading in a large number of countries. The Group is looking to leverage work in done in the past 12 months to make inroads to the emerging Theranostic market. This will require further investment in order to capitalise on the opportunity.
improving existing model ranges. The Group continues to review and improve the performance of its products
to ensure they remain one of the leading suppliers in the market. The Group continues to look to increase its
geographical market share by trading in a large number of countries. The Group is looking to leverage work in done in the past 12 months to make inroads to the emerging Theranostic market. This will require further investment in order to capitalise on the opportunity.
There have been no significant events affecting the Group since the year end.
The auditor, Shorts, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on 10 December 2025 and signed on its behalf.
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PARADIGM HOLDINGCO LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PARADIGM HOLDINGCO LIMITED
We have audited the financial statements of Paradigm Holdingco Limited (the 'parent Company') and its subsidiaries (the 'Group') for the period ended 30 June 2025, which comprise the Consolidated statement of comprehensive income, the Consolidated balance sheet, the Company balance sheet, the Consolidated statement of cash flows, the Consolidated statement of changes in equity, the Company statement of changes in equity and the related notes, 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).
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's responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council'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.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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PARADIGM HOLDINGCO LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PARADIGM HOLDINGCO LIMITED (CONTINUED)
The other information comprises the information included in the Annual report other than the financial statements and our Auditor's report thereon. The directors are responsible for the other information contained within the Annual report. 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. 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 course of 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 this gives rise to a material misstatement in the financial statements themselves. 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.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Group strategic report and the Directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
∙the Group strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Group and the parent Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the Directors' report.
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PARADIGM HOLDINGCO LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PARADIGM HOLDINGCO LIMITED (CONTINUED)
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 Group financial statements.
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:
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including
fraud and non-compliance with laws and regulations, was as follows:
fraud and non-compliance with laws and regulations, was as follows:
∙the engagement team collectively had the appropriate competence, capabilities and skills to identify or
recognise non-compliance with applicable laws and regulations;
recognise non-compliance with applicable laws and regulations;
∙undertaking discussions with the directors and other management and from our commercial knowledge and
experience of the sectors that the Group and parent Company operates in, we identified the laws and regulations applicable to the Group and the parent Company; and
experience of the sectors that the Group and parent Company operates in, we identified the laws and regulations applicable to the Group and the parent Company; and
∙focusing on the specific laws and regulations which we considered may have a direct material effect on the
financial statements or the operations of the Group and parent Company, we assessed the extent of compliance with those laws and regulations identified above through making enquiries of management and inspecting relevant correspondence.
financial statements or the operations of the Group and parent Company, we assessed the extent of compliance with those laws and regulations identified above through making enquiries of management and inspecting relevant correspondence.
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PARADIGM HOLDINGCO LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PARADIGM HOLDINGCO LIMITED (CONTINUED)
Auditor's responsibilities for the audit of the financial statements (continued)
We assessed the susceptibility of the Group and parent Company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
We assessed the susceptibility of the Group and parent Company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
∙making enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud; and
knowledge of actual, suspected and alleged fraud; and
∙considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations.
regulations.
To address the risk of fraud through management bias and override of controls, we:
∙performed analytical procedures to identify any unusual or unexpected movements;
∙reviewed journal entries to identify unusual transactions;
∙assessed whether judgements and assumptions made in determining the accounting estimates were
indicative of potential bias and where appropriate challenged these assumptions;
indicative of potential bias and where appropriate challenged these assumptions;
∙substantively tested a random sample of income and expenses; and
∙investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures
which included, but were not limited to:
which included, but were not limited to:
∙agreeing the financial statement disclosures to underlying supporting documentation;
∙enquiring of management as to actual and potential litigation and claims; and
∙reviewing any correspondence with HMRC and relevant regulators.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report.
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PARADIGM HOLDINGCO LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PARADIGM HOLDINGCO LIMITED (CONTINUED)
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
Chartered Accountants
Statutory Auditor
2 Ashgate Road
S40 4AA
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PARADIGM HOLDINGCO LIMITED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
REGISTERED NUMBER: 15561668
CONSOLIDATED BALANCE SHEET
AS AT 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
REGISTERED NUMBER: 15561668
CONSOLIDATED BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 December 2025.
The notes on pages 17 to 37 form part of these financial statements.
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PARADIGM HOLDINGCO LIMITED
REGISTERED NUMBER: 15561668
COMPANY BALANCE SHEET
AS AT 30 JUNE 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 December 2025 .
The notes on pages 17 to 37 form part of these financial statements.
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PARADIGM HOLDINGCO LIMITED
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
Paradigm Holdingco Limited is a company registered in England and Wales. Registered office is Innovation House, 6 Europa View, Sheffield, S9 1XH. The company number is 15561668.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies (see note 3).
The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of comprehensive income in these financial statements.
The following principal accounting policies have been applied:
The company was incorporated on 14 March 2024 and acquired its subsidiary Lablogic Group Holdings Limited on 13 May 2024.
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consoldiated financial statements incorporate the results of a business combination using the acquisition accounting method. The results and cash flows of Lablogic Group Holdings Limited have been brought in from the date of acquisition.
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consoldiated financial statements incorporate the results of a business combination using the acquisition accounting method. The results and cash flows of Lablogic Group Holdings Limited have been brought in from the date of acquisition.
The financial statements have been prepared on a going concern basis. In reaching this conclusion, the directors have concluded that there is a reasonable expectation that the company has adequate resources to continue for the foreseeable future.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
2.Accounting policies (continued)
Functional and presentation currency
Transactions and balances
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
2.Accounting policies (continued)
Research and Development expenditure credit ('RDEC') is recognised as other income in profit or
loss.
Research and development expenditure is recognised in the year in which it is incurred.
loss.
Research and development expenditure is recognised in the year in which it is incurred.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
2.Accounting policies (continued)
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
2.Accounting policies (continued)
Goodwill
Other intangible assets
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
2.Accounting policies (continued)
In the consolidated accounts, interests in associated undertakings are accounted for using the equity method of accounting. Under this method an equity investment is initially recognised at the transaction price (including transaction costs) and is subsequently adjusted to reflect the investors share of the profit or loss, other comprehensive income and equity of the associate. The Consolidated statement of comprehensive income includes the Group's share of the operating results, interest, pre-tax results and attributable taxation of such undertakings applying accounting policies consistent with those of the Group. In the Consolidated balance sheet, the interests in associated undertakings are shown as the Group's share of the identifiable net assets, including any unamortised premium paid on acquisition.
Any premium on acquisition is dealt with in accordance with the goodwill policy.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
2.Accounting policies (continued)
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Lablogic Employee Ownership Trust was established to enable shares in the company to be held by trustees for the benefit of the Company's employees. Distributions made by the company are treated as gifts to the trust. The gift is recognised in the Statement of comprehensive income when payment is made.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that
have the greatest level of uncertainty are addressed below:
(i) Impairment of debtors
The company makes an estimate of the recoverable value of trade debtors. When assessing impairment
of trade and other debtors, management considers factors including the current credit rating of the debtor,
the aging profile of debtors and historical experience. The amount of trade debtors after making such
provision is presented per note 17 to the financial statements.
(ii) Stock provisioning
The company makes an estimate of the recoverable value of stock of finished goods and goods for resale.
When assessing impairment of stock, management considers factors such as market conditions, aging
profile of stock and historical experience. The amount of stock after making such provision is presented
per note 16 to the financial statements
The whole of the turnover is attributable to the principal activity, the design and production of scientific instruments and software.
Analysis of turnover by country of destination:
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
11.Taxation (continued)
Deferred tax is calculated at 25%.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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The 2025 valuations were made by the directors, on an open market value for existing use basis.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
23.Share capital (continued)
65,000,000 ordinary shares with a nominal value of £1.00 each were issued during the period.
Foreign exchange reserve
Profit and loss account
An analysis of changes in net debt has not been presented as all of the entity's cash flows relate to movements in cash, and the entity has no items to include in such an analysis other than the cash flows in the Statement of cash flows.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
26.Business combinations (continued)
There are no contingent liabilities as at 30 June 2025.
There are no capital commitments as at 30 June 2025.
The Company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Company in an independently administered fund. The pension cost charge
represents contributions payable by the Company to the fund and amounted to £138,946. Contributions totalling £38,219 were payable to the fund at the balance sheet date and are included in creditors.
separately from those of the Company in an independently administered fund. The pension cost charge
represents contributions payable by the Company to the fund and amounted to £138,946. Contributions totalling £38,219 were payable to the fund at the balance sheet date and are included in creditors.
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PARADIGM HOLDINGCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
68% of the share capital of the company is held by Lablogic Employee Ownership Trust ('the Trust'). The Trust holds the shares for the future benefit of the company's employees.
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