WHISTL ANNUAL REPORT 2022

32 Subsidiaries and related undertakings The related undertakings whose results or financial performance principally affect the figures shown in the consolidated financial statements are as follows:

Immediate direct parent undertaking

Proportion of Ordinary shares held (%)

Country of incorporation

Name

Activity

Whistl Group Holdings Limited

UK *

Holding company

100 Whistl Consolidated Limited

Whistl Limited ^

UK *

Holding company

100

Whistl Group Holdings Limited

Whistl Group Limited ^

UK *

Holding company

100

Whistl Limited

Whistl UK Limited ^

UK *

Trading parent company Addressed Downstream Access

100

Whistl Group Ltd

Whistl North Limited ^ =

UK *

Dormant

100

Whistl UK Limited

Whistl Scotland Limited ^ =

UK *

Dormant

100

Whistl UK Limited

Whistl South West Limited ^ =

UK *

Dormant

100

Whistl UK Limited

Whistl Midlands Limited ^ =

UK *

Dormant

100

Whistl UK Limited

Whistl London Limited ^ =

UK *

Dormant

100

Whistl UK Limited

Whistl Marketing Service Group Ltd ^

UK *

Holding company – non trading Trading – Unaddressed Mail

100

Whistl Group Ltd

Whistl (Doordrop Media) Limited ^

UK *

100

Whistl Marketing Service Group Ltd

Whistl Fulfilment Limited ^

UK *

Holding company

100

Whistl UK Limited

Whistl Fulfilment (Rushden) Limited ^

UK *

Ecommerce fulfilment & contact centre services Ecommerce fulfilment & contact centre services

100

Whistl Fulfilment Limited Whistl Fulfilment Limited

Whistl Fulfilment (Farnborough) Ltd ^

UK *

100

Parcelhub Limited ^

UK *

Parcel and delivery solutions

100

Whistl UK Limited

Mail Workshop Limited ^

UK *

Dormant

100

Whistl UK Limited

Whistl Ecommerce Group Limited ^

UK *

Holding company

100

Whistl UK Limited

Whistl Fulfilment (Gateshead) Limited ^

UK *

Ecommerce fulfilment & contact centre services Trading of organic and ethically sourced products Ecommerce Marketing (brand partnership & sampling) Ecommerce fulfilment & contact centre services Ecommerce Marketing (brand partnership & sampling)

100

Whistl Ecommerce Group Ltd Whistl Ecommerce Group Ltd

Spark Etail Limited ^

UK *

100

Whistl Fulfilment (Southwest) Limited ^

UK *

100

Whistl UK Limited

UK *

100

Whistl UK Limited

Relish Agency Limited ^

UK *

100

Whistl UK Limited

* All the above subsidiaries are included in the consolidation, registered office at Network House, Third Avenue, Marlow, Buckinghamshire, SL7 1EY.

^ Entities are indirectly held = Entity exempt from audit.

Whistl Annual Report 2022

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