AVALARA EU HOLDINGS UK LIMITED

Company number

09602094

Status

Active

Incorporation

2015-05-21

Last accounts made up

2024-12-31

Account category

GROUP

Primary SIC

62090

Hubs

UK AI & Enterprise SaaS

Accounting basis

FRS 102

Reporting scope

Consolidated (group)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The consolidated financial statements have been prepared on a basis other than the going concern basis. In late 2025, management started to explore striking off the Company. Enquiries continue with the expectation of an application for strike off being made in 2026. In preparation for the strike off, the ownership of the trading subsidiaries will be transferred to other Avalara group companies. The Company holds no material assets, liabilities or trading operations and ownership of any active subsidiaries would be transferred elsewhere within the Group. No adjustments arose as a result of the accounts being prepared on a basis other than that of a going concern.”

Subsidiaries

• Avalara Europe Ltd · 100% held · UK · tax compliance services
• Impendulo Limited · 100% held · UK · tax compliance services
• Inposia Solutions Gmbh · 100% held · Germany · tax compliance services
• VAT House Services NV · 100% held · Belgium · tax compliance services
• Avalara Greece Mon.Epe · 100% held · Greece · tax compliance services
• Avalara Denmark ApS · 100% held · Denmark · tax compliance services
• Avalara Portugal Lda · 100% held · Portugal · tax compliance services
• Impendulo Oy · 100% held · Finland · tax compliance services
• Impendulo SARL · 100% held · France · tax compliance services
• Impendulo Limited · 100% held · Cyprus · tax compliance services
• Avalara BV · 100% held · Netherlands · tax compliance services
• Avalara France SAS · 100% held · France · tax compliance services
• Avalara Italy Srl · 100% held · Italy · tax compliance services
• Avalara Technologies RO S.r.l. · 100% held · Romania · tax compliance services
• Avalara Bilisim Limited Sirketi · 100% held · Turkey · tax compliance services

Significant events

• “In late 2023, management made the decision that Inposia Solutions GmbH would discontinue its legacy business and limit its role within the Group to providing services to its parent company, Avalara Inc., Avalara Inc. agreed, effective 1 January 2024, to compensate Inposia Solutions GmbH for this discontinuation.”
• “On 30th September 2024, a subsidiary of the Company, VAT Applications BV, incorporated under Belgian law, was wound up at a general meeting held before a notary. The liquidation resulted in a distribution in kind of the subsidiary's net assets, so that the various asset and liability items on the subsidiary's balance sheet were hived up into the accounts of the Company for a total value of £2,018,228.”
• “On 27 November 2024, under a tripartite agreement between the Company, its parent company Avalara, Inc. and its UK subsidiary, Avalara Europe Ltd, additional shares were allotted to the Company increasing its investment in Avalara Europe Ltd by £18,774,900.”
• “On 27 November 2024, a direct subsidiary of the Company, Impendulo UK Limited incorporated in the United Kingdom, transferred its own subsidiary investment in Impendulo SARL, incorporated in France, to the Company for a book value consideration as of the 31 October 2024 of £7,340.”
• “In April 2025, the Company announced a group-wide redundancy programme affecting approximately 17% of headcount as of 31 December 2024. As this event did not relate to conditions existing at the balance sheet date, no related costs have been reflected in the financial statements.”
• “On 16 April 2025, Impendulo Limited (UK) completed a group reorganisation under which it transferred the shares in all of its subsidiary entities to its sole shareholder, Avalara EU Holdings UK Limited. The transfers were effected for nominal consideration of £1 and constituted a distribution in specie by Impendulo Limited (UK).”
• “On 23 June 2025, Netle Yazılım Sanayi ve Ticaret Anonim Şirketi ("Netle") completed a merger under which it was merged into and under Inposia. Netle was dissolved without liquidation, and all of its assets and liabilities were transferred to Inposia.”
• “On 20 June 2025, the Company and Impendulo Limited ("Impendulo") entered into a Deed of IP Assignment and Transfer under which Impendulo transferred certain registered trademarks and unregistered intellectual property ("IP") to the Company.”
• “On 14 November 2025, the Company approved a group reorganisation transaction under which all remaining intangible assets held by the Company were transferred to Avalara Inc.”
• “In late 2025, management started to explore striking off the Company. Enquiries continue with the expectation of an application for strike off being made in 2026. In preparation for the strike off, the ownership of the trading subsidiaries will be transferred to other Avalara group companies.”
• “On 15 October 2025, Avalara Inc., entered into a Legacy Business Restructuring and Compensation Agreement with Inposia Bilişim Limited Şirketi ("INPOSIA"). Under this agreement, INPOSIA transferred to Avalara Inc all of its remaining intangible assets, including all intellectual property created, purchased or otherwise acquired by Inposia.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers