LINK FUND SOLUTIONS LIMITED

• ⚠

  Material uncertainty over going concern

  As a result of the Scheme, all remaining assets of the Company are, after allowing for required business activities (defined as the Excluded Liabilities), held solely for the benefit of Scheme Creditors. Accordingly, the Directors have not prepared the financial statements on a going concern basis, per note 1.2.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As a result of the Scheme, all remaining assets of the Company are, after allowing for required business activities (defined as the Excluded Liabilities), held solely for the benefit of Scheme Creditors. Accordingly, the Directors have not prepared the financial statements on a going concern basis, per note 1.2.”

Significant events

• “On 16 May 2024 there was a change of ultimate ownership of Link Fund Solutions Limited (the "Company"). Link Group, the Company's then ultimate owner, was acquired and de-listed by Mitsubishi UFJ Trust and Banking Corporation”
• “On 20 April 2023 an agreement was reached with the Financial Conduct Authority ("FCA") in connection with the Company's role as the Authorised Corporate Director ("ACD") of the LF Equity Income Fund ("LFEIF")”
• “On 28 March 2024 in accordance with the conditions of the Scheme, the Company made an initial payment of £185,717,355 to Scheme Creditors/LFEIF investors.”
• “Having sold its assets and business, the Company has only one employee and continues to act as the ACD for the LFEIF and the LF Arch cru Funds, each of which is in the process of an orderly realisation.”
• “As the result of the completion of the sale of certain of the Company's' business and assets to Waystone Group, the Company effectively ceased trading on 9 October 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -100%

  £50,734,630 → £0

• Cash

  -45.3%

  £81,802,697 → £44,716,715

• Net assets

  +99.3%

  -£64,283,597 → -£443,823

• Employees

  —

  Not reported

• Operating profit

  +98.4%

  -£188,938,348 → -£2,934,955

• Profit before tax

  +98.5%

  -£115,634,364 → -£1,740,036

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers