STADA UK HOLDINGS LTD.

• ⚠

  Material uncertainty over going concern

  The Directors believe it is therefore appropriate to continue to adopt the going concern basis of accounting in preparing these financial statements. However, these conditions indicate the existence of a material uncertainty over the Company's ability to continue as a going concern, because the Directors of the Company will not have full control over any revised ownership structure and therefore do not have full knowledge of any new ultimate parent undertaking's future intentions and funding plans in relation to the Company. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors believe it is therefore appropriate to continue to adopt the going concern basis of accounting in preparing these financial statements. However, these conditions indicate the existence of a material uncertainty over the Company's ability to continue as a going concern, because the Directors of the Company will not have full control over any revised ownership structure and therefore do not have full knowledge of any new ultimate parent undertaking's future intentions and funding plans in relation to the Company. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.”

Group structure

1. STADA UK HOLDINGS LTD. · parent
   1. Thornton and Ross Limited 100% · UK · Manufacture and distribution of pharmaceutical and household products
   2. Sundrops Limited 100% · UK · Dormant
   3. Internis Pharmaceuticals Limited 100% · UK · Manufacture and distribution of pharmaceutical and products
   4. Socialites E-Commerce Limited 100% · UK · E-commerce sale of electronic cigarettes, vaporisers and e-liquids
   5. Socialites Retail Limited 100% · UK · Retail of electronic cigarettes, vaporisers and e-liquids
   6. Fresh Vape Electronic Cigarettes Limited 100% · UK · Dormant
   7. Lowry Solutions Limited 100% · UK · Service company
   8. Natures Aid Limited 100% · UK · Development, manufacture and distribution of vitamins, minerals, food supplements and herbal products
   9. Genus Pharmaceuticals Holdings Limited 100% · UK · Distribution and marketing of pharmaceutical products
   10. Genus Pharmaceuticals Limited 100% · UK · Distribution and marketing of pharmaceutical products
   11. LCM Limited 100% · UK · Dormant
   12. Zeroderma Limited 100% · UK · Dormant
   13. Britannia Pharmaceuticals Limited 100% · UK · Marketing of pharmaceutical products
   14. Vaping Holdco Limited 100% · UK · Retail of electronic cigarettes, vaporisers and e-liquids
   15. Clonmel Healthcare Limited 100% · Ireland · Distribution and marketing of pharmaceutical products
   16. Thornton & Ross Ireland Limited 100% · Ireland · Dormant
   17. Crosspharma Limited 100% · Ireland · Pharmaceutical wholesalers
   18. STADA Corp 100% · United States · Pharmaceutical wholesalers

Significant events

• “On 12 May 2025, Nidda Healthcare Holding GmbH formally and irrevocably released and discharged the Company from a portion of the £316,000,000 loan amounting to £146,000,000 resulting in a corresponding credit to the profit and loss of the Company. The remaining balance of £170,000,000 continues to be due and payable to Nidda Healthcare Holding GmbH of the £316,000,000.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  -5.3%

  £356,444 → £337,651

• Net assets

  -2.4%

  £186,987,649 → £182,522,459

• Employees

  -50%

  2 → 1

• Operating profit

  +647.8%

  -£7,709,541 → £42,232,039

• Profit before tax

  +91.6%

  -£52,900,730 → -£4,465,190

• Wages

  -26.6%

  £279,037 → £204,945

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