RECKITT BENCKISER (BRANDS) LIMITED

• ⚠

  Material uncertainty over going concern

  The principal activity of the Company is the maintenance of intellectual property rights. In addition, the Company provides research and development services to other group companies. The Company, which is a member of the Reckitt group of companies (the "Group"), carries out the strategy intended by the Company Directors. As part of the group restructuring plan, the business will start the wind down of the operations in late 2025. The entity is not expected to have any operations past 12 months from the date of approval of the financial statements. Accordingly, the directors have not prepared the Financial Statements on a going concern basis. The effect of this is explained in Note 1 to the Financial Statements.

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The principal activity of the Company is the maintenance of intellectual property rights. In addition, the Company provides research and development services to other group companies. The Company, which is a member of the Reckitt group of companies (the "Group"), carries out the strategy intended by the Company Directors. As part of the group restructuring plan, the business will start the wind down of the operations in late 2025. The entity is not expected to have any operations past 12 months from the date of approval of the financial statements. Accordingly, the directors have not prepared the Financial Statements on a going concern basis. The effect of this is explained in Note 1 to the Financial Statements.”

Significant events

• “During 2025, it was decided by Reckitt Group that the primary operations of Reckitt Benckiser Brands Limited would be discontinued. As a result, the business will start the wind down of the operations late in 2025. In a period of 12 months from the signing the financial statements, the expectation is that the entity will no longer own any material assets and the primary operations of the entity will cease.”
• “On 16th of December 2024, the Board approved the entry by the Company into a Tripartite Novation and Confirmatory Assignment Agreement, which took effect on 2nd January 2025. The agreement novates certain intragroup licensing arrangements relating to the intellectual property rights in the LYSOL and GLEN 10/20 brands to remove the Company from the middle of the licensing structure, so that the licence of those brands flows directly from Reckitt Benckiser LLC and Reckitt Benckiser (ENA) B.V.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -20.7%

  £288,712,000 → £228,927,000

• Cash

  —

  Not reported

• Net assets

  +7%

  £1,679,722,000 → £1,798,039,000

• Employees

  0%

  100 → 100

• Operating profit

  -42.8%

  £112,278,000 → £64,174,000

• Profit before tax

  -17%

  £185,747,000 → £154,079,000

• Wages

  +12.3%

  £5,841,000 → £6,560,000

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