BusinessCompany NewsHLS given accounts extension

HLS given accounts extension

Research company Huntingdon Life Sciences has been granted an extra three months to submit its accounts to Companies House, as it attempts to protect its auditors from protestors.

Link: Crunch time for Huntingdon auditors

The company, a target for animal rights groups due to its reputation for animal experiments, was due to hand in its UK accounts for the 12 months to 31 December 2003 at the end of last month. The accounts will reveal which firm audited the accounts.

Following an application for a delay lodged with Companies House, it now has until 31 January 2005 to fulfil its reporting obligations.

A spokesman for Companies House, while unable to elaborate on the reasons for the delay, said requests for an extension were not uncommon and that ‘as long as the extension is asked for before the original deadline, then it is usually granted’.

The lab’s US parent, Life Sciences Research, used similar delaying tactics when filing with the SEC and managed to conceal its auditor, listed as Hugh Scott PC. Protest groups were unable to locate the firm.

Last year, former auditor Deloitte severed professional relations with Huntingdon after an intense two-week protest campaign conducted by Stop Huntingdon Animal Cruelty and the Animal Liberation Front.

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