SIG EUROPEAN HOLDINGS LIMITED

1. SIG EUROPEAN HOLDINGS LIMITED 2006-06-28 → present
2. PAST AND FORWARD LIMITED 2004-12-17 → 2006-06-28

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having assessed these factors, the Directors believe that the Company has adequate resources to continue in operational existence for the forecast period of 12 months from the date of approval of the Financial statements.”

Group structure

1. SIG EUROPEAN HOLDINGS LIMITED · parent
   1. SIG Building Products Limited 100% · UK
   2. SIG European Investments Limited 94.3% · UK
   3. Gate Pizzaras SL 100% · Spain · Sourcing company
   4. HHI Building Products Limited 100% · Northern Ireland · Non-trading
   5. Isolatec b.v.b.a. 100% · Belgium · Distribution of industrial insulation and related products
   6. Larivière S.A.S. 100% · France · Distribution of roofing materials and associated products
   7. LITT Diffusion S.A.S. 100% · France · Distribution of insulation and interiors products
   8. Meldertse Plafonneerartikelen N.V. 100% · Belgium · Distribution of ceiling and partition products
   9. SIG Belgium Holdings N.V. 100% · Belgium · Intermediate holding company
   10. SIG Construction GmbH 100% · Germany · Administration company
   11. SIG France S.A.S. 100% · France · Intermediate holding company
   12. SIG Germany GmbH 100% · Germany · Intermediate holding company
   13. SIG Holdings B.V. 100% · The Netherlands · Intermediate holding company
   14. SIG Nederland B.V. 100% · The Netherlands · Intermediate holding company
   15. SIG Property GmbH 100% · Germany · Administration company
   16. SIG Sp. z o.o. 100% · Poland · Distribution of insulating, commercial interiors and specialist construction products
   17. Sitaco spółka z ograniczoną odpowiedzialnością sp.k. 100% · Poland · Non-trading

Significant events

• “During the year, the Company completed certain transactions to restructure the balances owed to fellow subsidiary undertakings and the ultimate parent company. £70.4m of the balance owed to the parent company was converted into equity, which was subsequently reduced by a capital reduction to create distributable reserves, reducing amounts owed to the ultimate parent company by £70.4m and increasing the profit and loss reserve by the same amount.”
• “In connection with the conversion into equity of a £117.1m loan balance between the ultimate parent company and the Company's subsidiary, SIG European Investments Limited ("the subsidiary"), the Company issued a share to the parent company for £117.1m, subsequently reduced by a capital reduction, and subscribed for a new share in the subsidiary for the same amount. The intercompany balances arising were offset, resulting in an overall increase in investments of £117.1m and an increase to the profit and loss reserve of the same amount.”

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

Filings

1

last 12 months

Capital events

4

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.