No designated holder found where the chain could be followed; it breaks at 1 point

No party listed under this regime was found on the part of the chain that could be followed. The chain breaks at 1 point, and past a break nothing is known.

Designated share

None found

Threshold

more than 50%

Chain

Breaks at 1 point

Nearest designated party

The company is itself designated.Found across every list on file, not only those this rule counts.

Notes

• Natural-person holders are compared with designated persons by name only. A match is reported and never counted, because the registers publish no identifier that could confirm it.

Holdings the result passes through

None: no holding carries a designated party's share down to the company.

Holdings read

1 holding was read in the chain, held by a company.

Listed parties in the chain

• PSCHEM Sp. z o.o. w likwidacji (PL 0000731875) the company itself

  • Not countedPoland MSWiA sanctions list

    Asset freeze under Poland, a. zamrożenie wszystkich środków finansowych i zasobów gospodarczych, b. zakaz udostępniania podmiotowi wpisanemu na listę lub na jego rzecz – bezpośrednio lub pośrednio – jakichko

    Listed on 30 May 2023 as PSCHEM Sp. z o.o. w likwidacji

    Not counted: this regime's ownership rule has not been read here.

Lists this rule reads

• UK Sanctions List (FCDO)

  Read on 14 Sept 2026; dated 11 Sept 2026 by the publisher.

• UK OFSI Consolidated List

  Read on 13 Sept 2026; no date of its own, newest record dated 3 Jun 2026.

Shareholder registers

• Poland KRS (current extract, read on demand)

  Asked when the verdict was computed. The holdings used were read on 18 Sept 2026.

Test

UK ownership and control

Threshold

more than 50%

Several designated owners

Not added together, unless the shares are held under a joint arrangement between them or one of them controls another.

A jointly held share

Each joint holder is treated as holding the whole share.

Control

Not assessed. A shareholder register shows shares, not board seats or agreements.

Signed off

On 17 Sept 2026, from texts read on 13 Sept 2026.f3d899fc1d224a36dbf3880253f4312f1c7fcc70e367d56af13ffb8b20bd8c88

Caveats

• Holdings of different designated persons are not added together unless the shares are subject to a joint arrangement between them or one controls the rights of another.
• Control without the threshold stake is part of this test and cannot be read from a shareholder register, so an outcome short of the threshold does not mean the company is not controlled.
• 1 party in this chain is listed under a regime whose ownership rule has not been verified here, and was not counted: PSCHEM Sp. z o.o. w likwidacji (Poland MSWiA sanctions list).

Texts the rule rests on

• OFSI, UK financial sanctions general guidance (updated 12 May 2026)

  Section 4.1 (more than 50% of shares or voting rights, or control), 4.1.3 (a designated person owns what it owns jointly with another) and 4.1.4 (holdings of different designated persons not simply aggregated)

• The Russia (Sanctions) (EU Exit) Regulations 2019, Schedule 1

  Paragraph 2 (each joint holder of a share is treated as holding that share), paragraph 3 (joint arrangements), paragraph 4 (more than 50% of share capital), paragraph 9 (indirect holding through a chain of majority stakes). Each UK regulation this test is applied under was read, and carries the same definition and rules.

Address

This page's address does not change, and the verdict at it is never rewritten. The same record as JSON.

Computed

18 Sept 2026

Evidence file

The company's file for 18 Sept 2026, the day this was first said

Identity

804a703cb84801dfad811234127dbb6919f3ffa1f1790bae59d8d1908afaa8e6A hash of what the verdict rests on. Each run compares it to decide whether the verdict still stands.