Registration number: 04021839

NOVAGRAAF IP UK LIMITED

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 6

NOVAGRAAF IP UK LIMITED

Company Information

Director

Mr Christophe Jean-Pierre Georges Marchisio

Registered office

27/28 Eastcastle Street London England W1W 8DH

Auditors

Manningtons Victoria House The Moor Hawkhurst Cranbrook East Sussex TN18 4NR

NOVAGRAAF IP UK LIMITED

(Registration number: 04021839)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Investments	4	1,020,470	1,020,470
Creditors: Amounts falling due within one year	5	(333,436)	(333,436)
Net assets		687,034	687,034
Capital and reserves
Called up share capital		1,357,529	1,357,529
Retained earnings		(670,495)	(670,495)
Shareholders' funds		687,034	687,034

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 September 2026
 

......................................... Mr Christophe Jean-Pierre Georges Marchisio Director

NOVAGRAAF IP UK LIMITED

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
27/28 Eastcastle Street
London
W1W 8DH
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Parent company

The immediate parent company is Novagraaf Group B.V., incorporated in the Netherlands, and the ultimate parent company is Questel TopCo SAS, incorporated in France. Questel Unite SAS is the smallest and largest group into which these financial statements are consolidated. A copy of the consolidated financial statements can be requested from the registered office of Questel Unite SAS, 23 Rue D'Antin, 75002, Paris.

NOVAGRAAF IP UK LIMITED

Notes to the Financial Statements for the Year Ended 31 December 2025

Audit report

The auditors issued a disclaimer of opinion because they were unable to obtain sufficient appropriate audit evidence concerning the allocation of the original acquisition cost between subsidiary undertakings and, consequently, the carrying value and impairment assessment of investments in subsidiary undertakings included within fixed asset investments.
The audit report was not qualified in respect of any other matter.
The name of the Senior Statutory Auditor who signed the audit report on 16 September 2026 was Megan Parr ACA, who signed for and on behalf of Manningtons.

Group accounts not prepared

The company is exempt from the requirement to prepare consolidated financial statements under section 401 of the Companies Act 2006 as it is included in the consolidated financial statements of a larger group. A copy of the audited Questel Unite SAS financial statements will be submitted along with the individual company accounts to Companies House.

Going concern

The company is predominantly a dormant holding company for it's subsidiaries. It is dependent for its working capital on funds provided to it by its ultimate parent Questel Unite SAS. The company's ultimate parent company Questel Unite SAS has committed that it will provide financial and other support to the company for at least 12 months from the date of these financial statements. On this basis, and on the assessment of the company's financial position, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in subsidiary undertakings are stated at cost less accumulated impairment losses.
At each reporting date, the company assesses whether there is any indication that an investment may be impaired. If such an indication exists, the recoverable amount of the investment is estimated. Where the carrying amount exceeds the recoverable amount, an impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

NOVAGRAAF IP UK LIMITED

Notes to the Financial Statements for the Year Ended 31 December 2025

Financial instruments

Classification
The company has elected to apply the provisions of Section 11 and Section 12 of FRS 102 in respect of financial instruments.
Basic financial assets and basic financial liabilities are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method. The company's financial assets and liabilities comprise amounts owed by group undertakings and other receivables and payables arising from normal business activities.
 

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Investments

	2025 £	2024 £
Investments in subsidiaries	1,020,470	1,020,470