The company acts as corporate trustee of the Adept Lift Technical Services Employee Ownership Trust. On 20 December 2024 the company, as trustee, acquired the entire share capital of Adept Lift Technical Services Limited. The assets and liabilities of the Trust, including those shares and the deferred consideration owed to the vendors, are held in the company’s capacity as trustee and are not included in these financial statements. The company’s single issued share is held by Adept Lift Technical Services Limited as nominee
The company acts as corporate trustee of the EOT and has been dormant within the meaning of s1169 Companies Act 2006 throughout the period