No designated company found in the chain; the people in it are compared by name only

No company listed under this regime holds any share of the company, anywhere in the chain the registers state. Natural persons hold one holding in the chain, including 100% of the company directly. The registers publish no identifier that confirms who they are, so they were compared with designated persons by name only, and a name written differently in a register and on a list is not found.

Designated share

None found

Threshold

more than 50%

Chain

Followed to its end

Nearest designated party

No designated company appears anywhere in the chain the registers state. Natural persons in the chain were compared with designated persons by name only.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, and its holder is not published as a company. Natural persons hold 1 of them, including 100% of the company directly. A verdict never keeps a person's name: a person appears in it as a holding of a stated share.

Listed parties in the chain

No company in the part of the chain that was followed carries a live listing.

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

• Latvia Enterprise Register (members)

  File read on 14 Sept 2026; last modified 14 Sept 2026, by the publisher's server. The holdings used were read on 14 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.

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

6b1254a66bab0e3759152dac94108c312859c61923fcd59d45c02005ab15b560A hash of what the verdict rests on. Each run compares it to decide whether the verdict still stands.