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Company Registration No. 13122587 (England and Wales)
Primosole Holdings Limited Unaudited accounts for the year ended 31 January 2026
Primosole Holdings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Primosole Holdings Limited Company Information for the year ended 31 January 2026
Director
Stefano Schivo
Company Number
13122587 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Primosole Holdings Limited Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Current assets
Debtors
4
161 
213 
Cash at bank and in hand
13,019 
15 
13,180 
228 
Creditors: amounts falling due within one year
5
(18,332)
(1,015)
Net current liabilities
(5,152)
(787)
Total assets less current liabilities
(5,152)
(787)
Creditors: amounts falling due after more than one year
6
(1,655,375)
(1,602,832)
Net liabilities
(1,660,527)
(1,603,619)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,660,627)
(1,603,719)
Shareholders' funds
(1,660,527)
(1,603,619)
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2026 and were signed on its behalf by
Stefano Schivo Director Company Registration No. 13122587
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Primosole Holdings Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Primosole Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13122587. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Going concern
These financial statements have been prepared on a going concern basis. At 31 January 2026, the company had net liabilities of £1,660,527 (2025: £1,603,619) primarily arising from the impairment of an intercompany investment loan of £1.375 million plus interest, shortly before the previous year end. The director continues to manage the company’s affairs and is contacting its creditors regularly. The directors believe it remains appropriate to prepare the financial statements on a going concern basis while the company continues to meet its obligations as they fall due. The financial statements do not include any adjustments that would result from the basis of preparation being inappropriate.
4
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Other debtors
161 
213 
5
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
866 
849 
Amounts owed to group undertakings and other participating interests
26,454 
- 
Taxes and social security
- 
131 
Loans from directors
(8,988)
35 
18,332 
1,015 
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Primosole Holdings Limited Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Other creditors
1,655,375 
1,602,832 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
(36)
11,033 
2,009 
8,988 
(36)
11,033 
2,009 
8,988 
The directors loan was cleared within 9 months following the end of the accounting period.
8
Controlling party
The director, Stefano Schivo, is the controlling party by virtue of shareholding.
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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