1.
General Information
Coltene/Whaledent Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
01959378
. The registered office is The President Suite, Kendal House, Victoria Way, Burgess Hill, Sussex, RH15 9NF.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company is reliant on the financial support of the parent undertaking who have undertaken to not seek repayment of amounts due to them to the detriment of other creditors with-in a period of one year after the balance sheet date.
2.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Office Equipment |
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| Computer Hardware |
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2.5.
Financial Instruments
Trade and other receivables
Trade and other receivables where payment is due within one year do not constitute a financing transaction and are recorded at the undiscounted amount expected to be received, less attributable transaction costs. Any subsequent impairment is recognised as an expense in profit or loss.
If payment is due after more than one year or if there is any other indication of a financing transaction, trade and other receivables are recorded initially at fair value less attributable transaction costs. In this situation, fair value is equal to the amount expected to be received, discounted at a market-related interest rate.
All trade and other receivables are subsequently measured at amortised cost, net of impairment.
Trade and other payables
Trade and other payables are initially recognised at fair value less attributable transaction costs. They are subsequently measured at amortised cost.
Coltene/Whaledent Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.6.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8.
Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2.10.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2024: 16)
Coltene/Whaledent Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4.
Tangible Assets
| Office Equipment | Computer Hardware | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 January 2025 |
|
|
|
| Additions |
|
|
|
| Disposals |
( |
( |
( |
| As at 31 December 2025 |
|
|
|
| Depreciation | |||
| As at 1 January 2025 |
|
|
|
| Provided during the period |
|
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|
| Disposals |
( |
( |
( |
| As at 31 December 2025 |
|
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| Net Book Value | |||
| As at 31 December 2025 |
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| As at 1 January 2025 |
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5.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
|
|
|
| Amounts owed by group undertakings | 122,476 | 73,189 | |
| Other debtors | 220,933 | 168,513 | |
|
|
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||
6.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Other creditors | 101,993 | 86,768 | |
| Taxation and social security |
|
|
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||
7.
Creditors: Amounts Falling Due After More Than One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Amounts owed to parent undertaking |
|
|
|
Coltene/Whaledent Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8.
Deferred Taxation
The provision for deferred tax is made up as follows:
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Tax losses carried forward
|
(68,604)
|
(31,200)
|
|
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(68,604)
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none">
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</svg>){kind=small}
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(31,200)
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2025
|
2024
|
||
|
£
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|||
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Credited to the profit and loss account
|
(37,404)
|
-
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At 31 December
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(37,404)
|
-
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10.
Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Not later than one year |
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| Later than one year and not later than five years |
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| Later than five years |
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11.
Related Party Transactions
11.
Related Party Transactions - continued
During the year the Company entered into the following transactions with related parties:
- Coltène/Whaledent AG: income of £1,120,538 (2024: £737,108)
- Coltene Holding AG: Interest charged of £11,862 (2024: £3,720)
- Coltene/Whaledent GmbH + Co. KG: income of £473,563 (2024: £289,398)
- SciCan Ltd.: income of £104,726 (2024: £75,211)
- CA MicroMega SA: income of £nil (2024: £23,993)
At the balance sheet date, the Company had the following balances with related parties:
- Amounts owed by group undertakings in total: £122,476 (2024: £73,189), made up as below:
...CONTINUED
Coltene/Whaledent Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
- Coltène/Whaledent AG: £129,824 (2024: £43,231)
- Coltène/Whaledent KG: £18,158 (2024: £10,006)
- SciCan Ltd.: Creditor £25,507 (2024: Debtor £13,389)
- CA MicroMega SA: £Nil (2024: £6,563)
- Amounts owed to Coltene Holdings AG: £260,000 (2024: £260,000). This loan carries an interest rate of 4.25%
These balances are unsecured, interest free and are repayable on demand unless otherwise stated.
12.
FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
13.
Ultimate Controlling Party
The company's ultimate controlling party is
Coletene Holding AG
by virtue of its ultimate ownership of 100% of the issued share capital in the company.
14.
Prior Year Reclassification
At the reporting date, the company has a loan balance (£260,000) due to a the parent undertaking.
In the prior year financial statements, this balance was presented as falling due within one year. During the current year, the balance has been reclassified as amounts falling due after more than one year.
This is not considered to be a prior year adjustment.
15.
Audit Information
The auditor's report on the accounts of
Coltene/Whaledent Limited
for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by
Robert Green
(Senior Statutory Auditor)
for and on behalf of
Green & Peter (UK) Ltd
, Statutory Auditor.
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The Limes
1339 High Road
London
N20 9HR
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