BRAIN LABS BIDCO LIMITED

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Brain Labs Bidco Limited is a subsidiary which forms part of the wider Brain Labs Group ("Brainlabs") and its results are consolidated under Brainstormer, Inc. a company incorporated in Delaware, United States of America. The going concern review has been performed by the Board on a group basis and the Group is providing support to all subsidiaries to ensure they will be able to meet liabilities as and when they fall due. The Company has received a letter of support from Brainstormer Inc. that the Group has the ability and willingness to support the Company for at least 12 months from the date these financial statements were signed. The financial statements have been prepared on a going concern basis and the Directors believe this is appropriate for the following reasons: The Group has experienced significant growth during the year ended 31 March 2025.”

Group structure

1. BRAIN LABS BIDCO LIMITED · parent
   1. Brain Labs UK Holdco Ltd 100% · UK · Holding company
   2. Brain Labs Digital Ltd 100% · UK · Paid media services
   3. Distilled Holdings Ltd 100% · UK · Holding company

Significant events

• “Brainlabs is on a mission to be the best and biggest digital-first media agency: powered by experimentation, supercharged by technology and delivered by outstanding talent.”
• “Brainlabs has acquired certification to ISO 27001 standard which is a globally recognised standard for Information Security Management Systems. This year, Brainlabs has secured ISO 27701 certification which is a global standard for Privacy Information Management System.”
• “In 2024, the company completed one acquisition - Bryant and Brothers Pty Ltd.”
• “Post-year end, the Group completed the acquisition of Exverus, a Los Angeles-based media planning and buying agency which saw the addition of the new, Acquisition Facility 4.”
• “After the period end, the company registered a charge in favour of GLAS Trust Corporation Limited as security agent for itself and the other secured parties. The charge comprises fixed and floating charges (the floating charge covering all the property and undertaking of the company) and contains a negative pledge.”
• “The charge registered by Brainlabs BIDCO Limited was made in connection with the acquisition of Exverus Media LLC.”

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

Filings

9

last 12 months

Capital events

0

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.