BUILDING ADHESIVES (NUMBER 2) LIMITED

• ⚠

  Material uncertainty over going concern

  The principal activity of the company had been that of an intermediary holding company. The company sold its only subsidiary company during the year. Subsequently, the company ceased trading. Therefore, the Directors do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, these financial statements have been prepared on a basis other than going concern. No adjustments were required to the financial statements as a result of preparing them on a basis other than going concern.

1. BUILDING ADHESIVES (NUMBER 2) LIMITED 2003-12-29 → present
2. BUILDING ADHESIVES LIMITED 2001-06-22 → 2003-12-29
3. BROOMCO (2483) LIMITED 2001-02-16 → 2001-06-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The principal activity of the company had been that of an intermediary holding company. The company sold its only subsidiary company during the year. Subsequently, the company ceased trading. Therefore, the Directors do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, these financial statements have been prepared on a basis other than going concern. No adjustments were required to the financial statements as a result of preparing them on a basis other than going concern.”

Group structure

1. BUILDING ADHESIVES (NUMBER 2) LIMITED · parent
   1. Ardex Australia PTY Ltd · Australia

Significant events

• “The company sold its investment in Ardex Australia Pty Limited during the year.”
• “A reduction in share capital took place during the year as part of the wider group restructuring exercise instigated by the Ardex Group management.”
• “Following a group reconstruction on the 19 June 2024 9,124,456 ordinary shares were sold in Ardex Australia PTY Ltd for a total consideration of \u20ac111,400,000 which was paid by way of a Group loan.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -3.5%

  £20,190,000 → £19,475,000

• Employees

  —

  Not reported

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers