Preseli Holdings Limited acquires and holds consumer e-commerce businesses, their trading companies and their brand assets. It does not trade directly. Its subsidiaries operate; Preseli owns, funds and licenses.
Preseli Holdings Limited is a private limited company registered in Malta. It is the holding entity for a group of consumer e-commerce brands sold principally through online marketplaces in the United Kingdom, the European Union and the United States.
Preseli holds the equity of the operating companies that run the group's consumer brands. Each operating company contracts, sells and employs in its own jurisdiction; Preseli holds the shares.
Trade marks, brand registrations, product designs and marketplace brand assets are consolidated at holding-company level and licensed to the operating companies on written terms at an arm's-length royalty.
Preseli funds acquisitions and working capital within the group. Funding to date has been provided by shareholder and intra-group loans on written terms, documented and recorded in the company's accounts.
Preseli sits beneath a Malta holding company and above the group's operating entities. Ultimate beneficial ownership rests with one individual.
The group is administered in Malta by a licensed corporate services provider, which also acts as co-director of the Malta companies. Full statutory particulars, certificates of incorporation, memorandum and articles, and a certificate of incumbency are available to financial institutions and professional advisers on request.
The group's revenue is generated by consumer products sold through online marketplaces. Categories include kitchenware and homeware, and pet products.
United Kingdom operating company. Sells consumer homeware and pet products through online marketplaces, and licenses the group's brand assets under a written intellectual property licence.
HeldUnited States operating company for the group's kitchenware brand, selling through online marketplaces in North America.
HeldRegistered trade marks and marketplace brand registrations for the group's consumer brands, held at holding-company level and licensed to the operating companies under written licence.
HeldSet out for the convenience of financial institutions, counterparties and professional advisers. Particulars are as recorded at the Malta Business Registry.
Certificates of incorporation and incumbency, memorandum and articles, structure charts and beneficial ownership confirmations are provided to regulated institutions on request.