DAIKIN AIRCONDITIONING UK LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have assumed that operations remain open and that the company will continue to be able to sell products to its customers. The entity is in a net current liabilities position as at year-end. However, being a wholly owned subsidiary of Daikin Europe N.V "Group", a Letter of Support has been obtained whereby the Group commits to unconditionally and irrevocably provide adequate financial support, directly or indirectly to ensure that Daikin Airconditioning UK Limited is able to meet all its legal and operating obligations, so as to ensure its business continuity for a period of at least 12 months post the approval of the 31 March 2025 year-ended financial statements.

1. DAIKIN AIRCONDITIONING UK LIMITED 2003-03-26 → present
2. DWSCO 2358 LIMITED 2002-12-13 → 2003-03-26

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have assumed that operations remain open and that the company will continue to be able to sell products to its customers. The entity is in a net current liabilities position as at year-end. However, being a wholly owned subsidiary of Daikin Europe N.V "Group", a Letter of Support has been obtained whereby the Group commits to unconditionally and irrevocably provide adequate financial support, directly or indirectly to ensure that Daikin Airconditioning UK Limited is able to meet all its legal and operating obligations, so as to ensure its business continuity for a period of at least 12 months post the approval of the 31 March 2025 year-ended financial statements.”

Group structure

1. DAIKIN AIRCONDITIONING UK LIMITED · parent
   1. Robert Heath Group Limited 100% · United Kingdom · maintenance and installation of heating and hot water systems
   2. Saltire Facilities Management Limited 100% · United Kingdom · service infrastructure in the United Kingdom, supporting the growing adoption of heat pumps

Significant events

• “In May 2025, contingent consideration of £9,000,000 and additional consideration of £1,266,000 in relation to the acquisition of shares in Robert Heath Group Limited, was paid based on completion accounts and the achievement of agreed financial goals.”
• “On 22 July 2025, the company acquired 100% interest in the share capital of Saltire Facilities Management Limited ('SFM'), a company incorporated in the United Kingdom, for a net cash consideration of £25,886,0000. Additional consideration of £2,000,000 relates to an earn-out deal and was paid on 2 October 2025.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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