Subsidiary undertakings
Name - Class of Share - Percentage of shares held
Biovault Technical Limited - Ordinary - 100%
Biovault Family Limited - Ordinary - 100%
UK Processing and Storage Services Limited - Ordinary - 100%
The results and capital and reserves for the year are as follows:
Biovault Technical Limited - Capital reserves 2020 - £78,181 , 2018 - £38,374 Profit/(Loss) for the year 2020 - £39,807, 2019 - 56,095.
Biovault Family Limited - Capital reserves 2020 - £100 , 2019 - £100. Profit/(Loss) for the year 2020 - £nil 2019 - £nil
UK Processing and Storage Services Limited - Capital reserves 2020 - (£292), 2019 - (£208). Profit/(Loss) for the year 2020 - (£84) , 2019 - £37.
Biovault Technical Limited's trade is the operation of a Human Tissue Bank. Biovault Family Limited is dormant. UK Processing and Storage Solutions Limited procures samples of human tissue for processing and cryogenic storage.
Under the provisions of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so. Therefore the accounts show information about the company as an individual entity.