MEMBERSHIP SERVICES FINANCE LIMITED

• ⚠

  Material uncertainty over going concern

  As described in the future outlook section it is expected that the Company will no longer trade, the Directors do not intend to write any new business, and the intention of the Directors is to place the Company into liquidation as soon as feasible. Therefore the financial statements have been prepared on a basis other than going concern.

1. MEMBERSHIP SERVICES FINANCE LIMITED 2003-06-27 → present
2. MEMBERSHIP SERVICES FINANCE PUBLIC LIMITED COMPANY 1993-04-06 → 2003-06-27
3. NWS PUBLIC LIMITED COMPANY 1992-10-29 → 1993-04-06
4. CAPITAL FINANCIAL SERVICES PUBLIC LIMITED COMPANY 1989-02-20 → 1992-10-29
5. PHASEMULTI PUBLIC LIMITED COMPANY 1988-03-16 → 1989-02-20

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

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As described in the future outlook section it is expected that the Company will no longer trade, the Directors do not intend to write any new business, and the intention of the Directors is to place the Company into liquidation as soon as feasible. Therefore the financial statements have been prepared on a basis other than going concern.”

Significant events

• “During the period ending 30 June 2024, the Directors of the Company and its parent company Bank of Scotland pic, approved an uncapped indemnity agreement whereby all future liabilities relating to the Company will be borne on the Company's behalf by its parent, Bank of Scotland plc.”
• “On 16 June 2025, the Company allotted 5,140,366 new ordinary shares of £1 each to its immediate parent company Bank of Scotland plc in exchange for the receipt of £5,140,366. This enabled the Company to repay the Borrowed funds balance owed to Bank of Scotland pic and returned the Company to solvency.”

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

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +100%

  -£5,140,000 → £0

• Employees

  —

  Not reported

• Profit before tax

  -100%

  £4,000 → £0

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