BELRON RESERVECO LIMITED

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

Affirmed

“Notwithstanding net current liabilities of €354,903,000 as at 31 December 2024, the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The company meets its day to day working capital requirements from operational cash flows, intercompany loan and cash pooling arrangement managed by Belron Finance Limited, its subsidiary company as part of the global treasury function. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “On 18 March 2024, the Company received a dividend from Belron Finance Limited of €205.0 million.”
• “In September 2024, the Group undertook a significant corporate reorganisation aimed at streamlining its ownership structure. On 2 September 2024, the Company acquired 100% of the share capital of Belron Ops S.à.r.l. from Belron Lending UK Limited in exchange for shares in the Company with a nominal value of €17,332.1 million. On the same day, the Company transferred its entire holding in Belron Ops S.à.r.l. to Belron Finance Limited through a share-for-share exchange of equal nominal value. Also on 2 September 2024, the Company reduced its share capital by €17,413.2 million by decreasing the nominal value of each issued ordinary share from €0.01 to €0.00001. On the same day, the Company received a return of capital of €17,158.8 million and a dividend of €1,533.0 million from Belron Finance Limited and subsequently paid a dividend of €17,158.8 million to its parent, Belron Lending UK Limited. In addition, the Company repaid existing loans of €400.0 million and €1,105.0 million to Belron Finance Limited.”
• “On 21 October 2024, as part of a broader refinancing initiative, the Company entered into two new loan agreements with Belron Finance Limited, borrowing €1,860.5 million (repayable on 21 October 2029) and €2,504.1 million (repayable on 21 October 2031), bearing interest at 4.775% and EURIBOR plus 3.15%, respectively. On the same day, the Company declared and paid a dividend of €4,364.5 million to its parent, Belron Lending UK Limited.”
• “On 17 December 2024, the Company received a dividend from Belron Finance Limited of €10.0 million.”
• “On 4 April 2025, the Company received a dividend of €200,000,000 from Belron Finance Limited.”
• “On 4 April 2025, the Company paid a dividend of €63,000,000 to Belron Lending UK Limited.”
• “On 27 May 2025, the Company received a dividend of €218,000,000 from Belron Finance Limited.”
• “On 27 May 2025, the Company paid a dividend of €218,000,000 to Belron Lending UK Limited.”
• “On 25 September 2025, the Company declared a dividend of €101,000,000 to Belron Lending UK Limited.”

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

Filings

3

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.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -34.4%

  £6,620,944,001 → £4,344,674,064

• Employees

  —

  Not reported

• Profit before tax

  +6,504.2%

  -£21,617,545 → £1,384,426,144

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