Mother company: a UK Ltd company. Business angels invested in this company. Business started less than a year ago and at present almost certainly earning profit

Mother company: a UK Ltd company. Business angels invested in this company. Business started less than a year ago and at present almost certainly earning profits every month in one EU country (not the UK) where they already have a local company, which is 100% owned by the UK Ltd. Planning to open a number (let's say up to 4) of other local companies in other EU markets. I would have had shares (say 10%) in one of these local companies. Pretty sure there would have been profits in year-2. Thanks and I hope this clarifies things a bit.