Registered number: 02871086
FOR THE YEAR ENDED 31 DECEMBER 2025
COMPANY INFORMATION
CONTENTS
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The principal activity of the company during the year was the design and manufacture of display products.
Turnover for the year ended 31 December 2025 was £45,925,324 (2024: £49,891,883) decreasing by £3,966,559 on the prior year, and the pre-tax profit was £3,640,160 (2024: £4,773,380), a decrease of £1,133,220 on the prior year.
Gross profit for the year ended 31 December 2025 was £16,726,712 (2024: £17,031,206) decreasing by £304,494. The gross profit margin of 36.4% (2024: 34.1%) showed an increase of 2.3%. Net assets for 2025 was £9,347,548 (2024: £9,179,469) showing an increase of £168,079.
The directors remain confident of the company’s position in the marketplace and that it will continue to remain strong and profitable through its good management and operational planning.
Gross profit for the year ended 31 December 2025 was £16,726,712 (2024: £17,031,206) decreasing by £304,494. The gross profit margin of 36.4% (2024: 34.1%) showed an increase of 2.3%. Net assets for 2025 was £9,347,548 (2024: £9,179,469) showing an increase of £168,079.
The directors remain confident of the company’s position in the marketplace and that it will continue to remain strong and profitable through its good management and operational planning.
The principal risks and uncertainties facing the business relate to the need to continue carefully monitoring any new US tariff announcements. The company has been largely unaffected by the current tariff set and the company remains confident that future US sales will remain unaffected in any future changes in the tariff rate. The business remains vigilant of its assessment of the supply chain of materials imported from China. The company will seek to mitigate any effects of the tariffs through operational changes of the supply chain. The customers in the US have agreed to the current level of tariff set by the US Government. Should the tariff levels increase, manufacturing will move to Diam Premium North America Inc based in US.
The directors seek to mitigate the impact of the above risk by ensuring that the company continues to work closely with the existing supply chain to minimise the levels of material price increase by securing prices in advance. The directors of the business have considered other risks and uncertainties that are outlined in the Directors' Report.
The directors seek to mitigate the impact of the above risk by ensuring that the company continues to work closely with the existing supply chain to minimise the levels of material price increase by securing prices in advance. The directors of the business have considered other risks and uncertainties that are outlined in the Directors' Report.
The directors of the company consider turnover (see above) and profit to be the key performance indicators. The profit being the Profit After Tax which for year ended 31 December 2025 was £2,668,913 (2024: £3,173,236) a decrease of £504,323 on the prior year.
The decrease in profit is largely due to lower turnover in 2025, as shown above, leading to decreased profits from prior year. However, the company’s overall performance surpassed the 2025 budget expectations, and sales in 2024 were considered an exceptional year for the business.
The decrease in profit is largely due to lower turnover in 2025, as shown above, leading to decreased profits from prior year. However, the company’s overall performance surpassed the 2025 budget expectations, and sales in 2024 were considered an exceptional year for the business.
The directors of the company are confident that financial key performance indicators provide a comprehensive and reliable measure of business performance. At present, they do not see the need to incorporate additional non-financial key performance indicators, as the existing financial metrics are deemed sufficient for effective monitoring and decision-making.
The company places high importance on corporate social responsibility, in particular the businesses energy use and its carbon emissions produced. Further details of the company targets can be found on Directors' Report on Energy and Carbon Reporting.
The company places high importance on corporate social responsibility, in particular the businesses energy use and its carbon emissions produced. Further details of the company targets can be found on Directors' Report on Energy and Carbon Reporting.
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STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Social inclusion
The company's social inclusion policy ensures that there are employment opportunities open to all at Diam UK Ltd.
Working with leading agencies, the company is proactively helping people who are often excluded from the workplace to be trained and to find employment with Diam UK.
The company's social inclusion policy ensures that there are employment opportunities open to all at Diam UK Ltd.
Working with leading agencies, the company is proactively helping people who are often excluded from the workplace to be trained and to find employment with Diam UK.
Environmental
Diam UK is proud in promoting its sustainability initiatives which includes investing in solar panels, introducing in house recycling for an ethical and responsible supply chain and actively recycling material waste from our operations as well as returned and obsolete store displays.
Diam UK is proud in promoting its sustainability initiatives which includes investing in solar panels, introducing in house recycling for an ethical and responsible supply chain and actively recycling material waste from our operations as well as returned and obsolete store displays.
The directors of the company must act in accordance with a set of general duties. These duties are detailed in section 172 of the UK Companies Act 2006 which is summarised as follows:
A director of a company must act in the way they consider, in good faith, would be most likely to promote the success of the company for the benefit of its shareholders as a whole and, in doing so have regard (amongst other matters) to:
∙the likely consequences of any decisions in the long term;
∙the interests of the company's employees;
∙the need to foster the company's business relationships with suppliers, customers and others;
∙the impact of the company's operations on the community and environment;
∙the desirability of the company maintaining a reputation for high standards of business conduct; and
∙the need to act fairly as between shareholders of the company.
The Strategic Report and the Directors' Reports convey these duties in the reports. The directors have met these duties in the following ways:
∙Long-term: Our business plan is designed to drive long-term success for the group by delivering continuous service and innovation to our customers. It strengthens our commitment to growth as a secure and resilient business, ensuring stability for our customers, suppliers, and employees;
∙Our People First: Employees are at the heart of our strategy. We strive to be a responsible employer, offering fair pay and benefits while prioritising their health, safety, and well-being;
∙Building Strong Connections: We remain dedicated to deepening relationships with our customers and suppliers, actively engaging to better understand their perspectives and priorities; and
∙Responsible Leadership: Our board of directors is committed to ensuring the business operates with integrity, maintaining high standards of conduct and governance expected for an organisation of our calibre.
This report was approved by the board and signed on its behalf.
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DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The profit for the year, after taxation amounted to £2,668,913 (2024: £3,173,236).
The directors who served during the year were:
A directors' and officers' insurance policy has been put in place to ensure adequate coverage for all directors, protecting them for reasonable actions taken on behalf of the company. These indemnities, classified as a qualifying third-party indemnity provision under Section 234 of the Companies Act 2002, were active throughout the financial year and continue to apply to both current and former directors of the company.
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DIAM UK LTD.
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
During the year, the company did not engage in research and development activities (2024: £5,128).
The company continues to push its B2D – Back To Diam – recycling initiative to its customers as part of its ongoing commitment to reduce its carbon footprint and retains its membership with Ecovadis (Platinum grade – top 1% globally).
The directors recognise the importance of fostering strong and collaborative relationships with the company’s suppliers, customers, and wider stakeholders. Throughout the financial year, the board has remained committed to ensuring that these relationships are built on trust, transparency, and mutual benefit, contributing to the company's long-term success.
Engagement with Suppliers:
We have worked closely with our suppliers to maintain resilient supply chains, ensuring consistent quality and service while supporting sustainable and ethical business practices. Regular communication, joint planning initiatives, and strategic partnerships have been essential in strengthening these relationships, enabling operational efficiency and innovation across the company.
Engagement with Customers:
Understanding and responding to customer needs has remained a priority. Through direct feedback, market analysis, and continuous improvements in our products and services, we have enhanced customer satisfaction and loyalty. Investments in digital solutions, customer service enhancements, and personalised engagement strategies have further strengthened our ability to deliver value and maintain long-term relationships.
Engagement with Other Stakeholders:
Beyond suppliers and customers, the board has engaged with regulators, industry bodies, and key partners to ensure responsible business operations and compliance with evolving regulations. Open dialogue and active participation in industry forums have supported our commitment to ethical business conduct and strategic decision-making.
Impact on Principal Decisions:
The directors have taken business relationship considerations into account when making key decisions, such as expanding service capabilities, adapting pricing models, and implementing sustainability initiatives. This stakeholder-focused approach has helped align our strategic direction with the interests of those who contribute to and rely on our business.
The board remains dedicated to fostering positive engagement with suppliers, customers, and stakeholders to drive long-term business growth, stability, and ethical practices.
Engagement with Suppliers:
We have worked closely with our suppliers to maintain resilient supply chains, ensuring consistent quality and service while supporting sustainable and ethical business practices. Regular communication, joint planning initiatives, and strategic partnerships have been essential in strengthening these relationships, enabling operational efficiency and innovation across the company.
Engagement with Customers:
Understanding and responding to customer needs has remained a priority. Through direct feedback, market analysis, and continuous improvements in our products and services, we have enhanced customer satisfaction and loyalty. Investments in digital solutions, customer service enhancements, and personalised engagement strategies have further strengthened our ability to deliver value and maintain long-term relationships.
Engagement with Other Stakeholders:
Beyond suppliers and customers, the board has engaged with regulators, industry bodies, and key partners to ensure responsible business operations and compliance with evolving regulations. Open dialogue and active participation in industry forums have supported our commitment to ethical business conduct and strategic decision-making.
Impact on Principal Decisions:
The directors have taken business relationship considerations into account when making key decisions, such as expanding service capabilities, adapting pricing models, and implementing sustainability initiatives. This stakeholder-focused approach has helped align our strategic direction with the interests of those who contribute to and rely on our business.
The board remains dedicated to fostering positive engagement with suppliers, customers, and stakeholders to drive long-term business growth, stability, and ethical practices.
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DIAM UK LTD.
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Financial instruments
The company uses financial instruments, other than derivatives, comprising cash borrowings, cash and other liquid resources and various other items such as trade debtors and creditors that arise directly from its operations. The main risks arising from the company's financial instruments are interest rate risk, liquidity risk, foreign currency risk and credit risk. The directors review and agree policies for managing each of these risks and they are summarised below. The policies have remained unchanged from previous periods.
Interest rate risk
The company finances its operations through a mixture of equity funding, retained profits, bank and inter-group borrowings. Management periodically reviews its funding structures to ensure an optimal structure is in place, bearing in mind the commercial needs of the company and its wider group and relevant legislation.
Liquidity risk
The company seeks to manage liquidity risk by ensuring sufficient liquidity is available to meet foreseeable needs and to invest cash assets safely and profitable. This is achieved through appropriately structured bank and inter-group debt and equity facilities. Short term flexibility is achieved by invoice discounting facilities.
Foreign currency risk
The company is exposed to transaction foreign currency risk.
Credit risk
The company seeks to minimise its exposure to bad debts by continually monitoring its exposure to customers and, where possible, agreeing payment profiles with customers.
The company uses financial instruments, other than derivatives, comprising cash borrowings, cash and other liquid resources and various other items such as trade debtors and creditors that arise directly from its operations. The main risks arising from the company's financial instruments are interest rate risk, liquidity risk, foreign currency risk and credit risk. The directors review and agree policies for managing each of these risks and they are summarised below. The policies have remained unchanged from previous periods.
Interest rate risk
The company finances its operations through a mixture of equity funding, retained profits, bank and inter-group borrowings. Management periodically reviews its funding structures to ensure an optimal structure is in place, bearing in mind the commercial needs of the company and its wider group and relevant legislation.
Liquidity risk
The company seeks to manage liquidity risk by ensuring sufficient liquidity is available to meet foreseeable needs and to invest cash assets safely and profitable. This is achieved through appropriately structured bank and inter-group debt and equity facilities. Short term flexibility is achieved by invoice discounting facilities.
Foreign currency risk
The company is exposed to transaction foreign currency risk.
Credit risk
The company seeks to minimise its exposure to bad debts by continually monitoring its exposure to customers and, where possible, agreeing payment profiles with customers.
The company trades and works with many multinational companies and is fully aware of its obligations to ensure compliance with the Act.
The company has prepared a cash flow forecast projecting forward to the end of December 2027.
Capital spend has been achieved over recent years and continued investment in 2025 with further additions of machinery, and improvements made to the plant from funds generated through operations. While the UK offices were fully refurbished in 2025, there will be no depletion of capital capabilities over the coming years, as the plant remains to be stocked with good quality and relatively new equipment that will not need to be replaced in the near future. The business demonstrated continued growth during 2025, (with 2024 sales being considered exceptional) resulting in increased retained earnings providing stability. For 2026 and the foreseeable future, the company plans to continue in targeting growth of sales, by expansion in other segments of the market and increase the volume of its revenue streams.
Capital spend has been achieved over recent years and continued investment in 2025 with further additions of machinery, and improvements made to the plant from funds generated through operations. While the UK offices were fully refurbished in 2025, there will be no depletion of capital capabilities over the coming years, as the plant remains to be stocked with good quality and relatively new equipment that will not need to be replaced in the near future. The business demonstrated continued growth during 2025, (with 2024 sales being considered exceptional) resulting in increased retained earnings providing stability. For 2026 and the foreseeable future, the company plans to continue in targeting growth of sales, by expansion in other segments of the market and increase the volume of its revenue streams.
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DIAM UK LTD.
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
We continue our membership with Ecovadis (Platinum grade – top 1% globally), CDP (“A list” standing) as well as further commitments to our local environment through Act4nature, whilst also staying committed to our SBTi targets:
∙To reduce our direct CO2 emissions by 46% by 2030 (from 2019 levels).
∙To have 95% renewable electricity usage at our sites globally by 2030 (globally at 94% and locally at 100%).
∙To have 80% recycled plastic content in our products by 2030.
∙100% FSC certified wood by 2025 has been met.
∙To manage waste sustainably and create closed loop opportunities with the help of our B2D facilities globally. Locally, B2D has been successfully implemented.
∙To raise employee awareness on the environment.
∙To educate suppliers across industries on best practices sustainably.
∙To aid local community and charities through services and donations.
∙All DIAM sites to have at least 1 action in aid of biodiversity (annually).
∙All employees to be represented by a member of our Employee Representative Group.
The company does not track fuel-related energy consumption separately from its overall energy usage for transportation.
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DIAM UK LTD.
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Energy and Carbon Reporting (continued)
Emissions of CO2 equivalent
Emissions of CO2 equivalent
Intensity ratios
Diam UK Ltd. track energy consumption (kWh) via bills for each year. This is then reported to group who use an emission factor to multiply and convert to metric tonnes. The emission factor is taken from ADEME.
The ongoing conflict in the Middle East has contributed to rising oil prices, which are having a direct impact on the cost of polymer-based raw materials. In addition, transport costs continue to rise, adding further pressure throughout the supply chain. The company have taken extensive measures to manage these pressures internally and to minimise the impact on the customers wherever possible in the form of using recycled materials from obsolete goods returned from market and using electric vehicles being charged from the array of solar panels owned by the business at the company’s site. However, the scale of the disruption and cost increases now being experienced means that price adjustments are unavoidable to continue supply reliably and sustainably. Nevertheless, the company remains committed to working closely with customers and maintaining continuity of supply wherever possible.
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DIAM UK LTD.
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The auditor, Grant Thornton UK LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DIAM UK LTD.
We are responsible for concluding on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify the auditor’s opinion. Our conclusions are based on the audit evidence obtained up to the date of our report. However, future events or conditions may cause the company to cease to continue as a going concern.
In our evaluation of the directors' conclusions, we considered the inherent risks associated with the company's business model including effects arising from macro-economic uncertainties such as the cost of living crisis, we assessed and challenged the reasonableness of estimates made by the directors and the related disclosures and analysed how those risks might affect the company's financial resources or ability to continue operations over the going concern period.
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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DIAM UK LTD. (CONTINUED)
Conclusions relating to going concern (continued)
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.
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 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.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DIAM UK LTD. (CONTINUED)
Matters on which we are required to report by exception
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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DIAM UK LTD. (CONTINUED)
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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DIAM UK LTD. (CONTINUED)
Use of our report
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.
Senior Statutory Auditor
for and on behalf of Grant Thornton UK LLP
Statutory Auditor, Chartered Accountants
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STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2025
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STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 17 to 35 form part of these financial statements.
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STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Diam UK Ltd. is a private company limited by shares, incorporated in England and Wales. Its registered number is 02871086, and its registered head office is located at 14-16 Jubilee Drive, Loughborough, Leicestershire, LE11 5XS.
2.Accounting policies
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A; and
∙the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23.
This information is included in the consolidated financial statements of Cosmos Newco UK Limited as at 31 December 2025 and these financial statements may be obtained from Companies House.
Capital spend has been achieved over recent years and continued investment in 2025 with further additions of machinery, and improvements made to the plant from funds generated through operations. While the UK offices were fully refurbished in 2025, there will be no depletion of capital capabilities over the coming years, as the plant remains to be stocked with good quality and relatively new equipment that will not need to be replaced in the near future. The business demonstrated continued growth during 2025, (with 2024 sales being considered exceptional) resulting in increased retained earnings providing stability. For 2026 and the foreseeable future, the company plans to continue in targeting growth of sales, by expansion in other segments of the market and increase the volume of its revenue streams.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the Statement of Financial Position date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Statement of Comprehensive Income.
In the majority of cases revenue is recognised at the point at which goods ordered are fully dispatched or the service is fully completed and can be evidenced through authorised signed approval. In a minority of instances, turnover is recognised when work has been completed but the goods have not been dispatched, as long as related customer purchase orders are in place. In this case the revenue is recognised via accrued income which will then be reversed out when the goods are physically dispatched and sales invoices are raised.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.
Revaluation gains and losses are recognised in other comprehensive income.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Estimates and underlying assumptions are reviewed on an ongoing basis. Estimates are based on historical experience and other assumptions that are considered reasonable in the circumstances. The actual amount or values may vary in certain instances from the assumptions and estimates made. Changes will be recorded, with corresponding effect in the financial statements, when, and if, better information is obtained.
Critical judgements and sources of estimation uncertainty that management have made in the process of applying accounting policies disclosed herein and that have a significant effect on the amounts recognised in the financial statements relate to the following:
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
3.Judgements in applying accounting policies (continued)
Key judgement made by the directors in the preparation of these financial statements (and related areas of estimation uncertainty) are the levels of:
In the process of preparing the financial statements, no significant judgements were applied.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Analysis of turnover by country of destination:
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
11.Taxation (continued)
There has been no change to corporation tax rates for the financial year ended 31 December 2026. For the financial year ended 31 December 2025 the weighted average tax rate is 25% (31 December 2024 weighted average tax rate was 25%). Deferred taxes at the balance sheet date have been measured using these enacted tax rates and reflected in these financial statements.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Page 31
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
19.Deferred taxation (continued)
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On a winding up or repayment of capital, the holders of the preference shares are entitled to payment of the capital paid up on those shares in priority to any payment to the holders of the ordinary shares.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The company's capital and reserves are as follows:
Revaluation reserve
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Profit & loss account
Includes all current and prior period retained profits and losses.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The parent company and ultimate controlling party of Cosmos Newco UK Limited is
Copies of the consolidated financial statements of Financière Vendôme I may be obtained from 1 Rue Chappe, 78130 Les Mureaux, France.
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