NBI Holdings Limited Company accounts

COMPANY REGISTRATION NUMBER: 10891807

NBI Holdings Limited

Unaudited Financial Statements

31 December 2025

NBI Holdings Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Officers and professional advisers	1

Directors' report	2

Income statement	3

Statement of financial position	4

Statement of changes in equity	5

Notes to the financial statements	6

NBI Holdings Limited

Officers and Professional Advisers

The board of directors	Mr N Burningham
	Mr B Cook - Non-executive

Registered office	145 Leadenhall Street
	London
	EC3V 4QT

Accountants	Barnes Roffe Audit Limited
	Chartered accountants
	Level 41A, Tower 42
	25 Old Broad Street
	London
	EC2N 1HQ

NBI Holdings Limited

Directors' Report

Year ended 31 December 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2025 .

Principal activities

The Company acts as a Holding Company to various Group companies who operate in the insurance market. The Group operates as a specialist in transportation services.

Directors

The directors who served the company during the year were as follows:

Mr N Burningham
Mr B Cook - Non-executive

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 12 May 2026 and signed on behalf of the board by:

Mr N Burningham

Director

Registered office:

145 Leadenhall Street

London

EC3V 4QT

NBI Holdings Limited

Income Statement

Year ended 31 December 2025

	2025	2024
Note	£	£

Administrative expenses	( 34,833)	4,854
	--------	-------
Operating (loss)/profit	( 34,833)	4,854

Income from shares in group undertakings		2,500,000	5,500,000
Other interest receivable and similar income		28,641	28,975
		------------	------------
Profit before taxation	5	2,493,808	5,533,829

Tax on profit	–	( 8,457)
	------------	------------
Profit for the financial year	2,493,808	5,525,372
	------------	------------

All the activities of the company are from continuing operations.

The company has no other recognised items of income and expenses other than the results for the year as set out above.

NBI Holdings Limited

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Investments	6	1,258,189	1,258,189

Current assets

Debtors	7	375,318	380,000
Cash at bank and in hand		187,926	197,893
		---------	---------
		563,244	577,893

Creditors: amounts falling due within one year	8	–	( 8,457)
		---------	---------
Net current assets		563,244	569,436
		------------	------------
Total assets less current liabilities		1,821,433	1,827,625
		------------	------------

Capital and reserves

Called up share capital	9	50,000	50,000
Profit and loss account		1,771,433	1,777,625
		------------	------------
Shareholders funds		1,821,433	1,827,625
		------------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 12 May 2026 , and are signed on behalf of the board by:

Mr N Burningham

Director

Company registration number: 10891807

NBI Holdings Limited

Statement of Changes in Equity

Year ended 31 December 2025

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 January 2024	50,000	1,752,253	1,802,253

Profit for the year		5,525,372	5,525,372
	--------	------------	------------
Total comprehensive income for the year	–	5,525,372	5,525,372

Dividends paid and payable	–	( 5,500,000)	( 5,500,000)
	--------	------------	------------
Total investments by and distributions to owners	–	( 5,500,000)	( 5,500,000)

At 31 December 2024	50,000	1,777,625	1,827,625

Profit for the year		2,493,808	2,493,808
	--------	------------	------------
Total comprehensive income for the year	–	2,493,808	2,493,808

Dividends paid and payable	–	( 2,500,000)	( 2,500,000)
	----	------------	------------
Total investments by and distributions to owners	–	( 2,500,000)	( 2,500,000)

	--------	------------	------------
At 31 December 2025	50,000	1,771,433	1,821,433
	--------	------------	------------

NBI Holdings Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 145 Leadenhall Street, London, EC3V 4QT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The significant accounting policies applied in the preparation of these accounts are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Turnover

Turnover represents management fees in respect of services supplied by the Company to other companies within the Group. Income is recognised as the service is supplied. Interest receivable is recognised on an accruals basis. Income from investments is recognised on a receipt basis.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Trading transactions in US Dollars are recorded at the budget rate of £1 = $1.40 (2024 £1 = $1.40) throughout the year, any other currency transactions are recorded at the actual rate realised; Investments are recorded at actual rates realised. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date, £1 = $1.35 (2024 £1 = $1.25). All differences are taken to the income statement.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Profit before taxation

Profit before taxation is stated after crediting:

	2025	2024
	£	£
Interest receivable from group undertakings	( 22,628)	( 25,996)
	--------	--------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	1,258,189
	------------
Impairment
At 1 January 2025 and 31 December 2025	–
	------------

Carrying amount
At 31 December 2025	1,258,189
	------------
At 31 December 2024	1,258,189
	------------

On 18th February 2026 BIM Analytics Limited issued 39 Ordinary shares of £1.00 for nil consideration to NBI Holdings Limited .

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	375,318	380,000
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	–	8,457
	----	-------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	50,000	50,000	50,000	50,000
	--------	--------	--------	--------

10. Sofp spare note 21 heading

11. Controlling party

In the opinion of the Directors, N Burningham is the ultimate controlling party.