EFUNDS HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  Following the sale, it is the directors' intention to wind up the subsidiary and the company as soon as reasonably and practicably possible and, accordingly, the financial statements have not been prepared on a going concern basis.

1. EFUNDS HOLDINGS LIMITED 1999-10-25 → present
2. DLX HOLDINGS LIMITED 1998-02-27 → 1999-10-25
3. PAPERDIRECT (EUROPE) LIMITED 1997-09-15 → 1998-02-27
4. DELUXE (UK) LIMITED 1997-08-12 → 1997-09-15
5. DELUXE (EUROPE) LIMITED 1996-12-30 → 1997-01-06
6. MEAUJO (319) LIMITED 1996-10-09 → 1996-12-30

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 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Following the sale, it is the directors' intention to wind up the subsidiary and the company as soon as reasonably and practicably possible and, accordingly, the financial statements have not been prepared on a going concern basis.”

Significant events

• “During 2021, there has been sale of the entire business of the Company's wholly owned subsidiary, eFunds International Limited excluding consumer contracts to FIS Banking Solutions (UK) Limited (formerly known as Certigy Care Services Limited), a fellow group company incorporated and registered in England and Wales, for £6,164,682.”
• “Also, during 2021, an agreement was approved to assign the economic interest of eFunds International Limited in the excluded consumer contracts for £3,471,800. Pursuant to the agreement, the subsidiary has agreed to assign the economic benefits and burdens to FIS Banking Solutions (UK) Limited, however still retains the legal ownership of such contracts.”
• “The sale was a part of ongoing efforts to simplify the organizational structure of the Fidelity National Information Services, Inc. group with the objective of better aligning the operating model to commercial segments, simplifying the business model and reducing administrative expenditure.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

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

  -7.1%

  £473,515 → £439,715

• Employees

  —

  Not reported

• Operating profit

  -34.7%

  -£8,841 → -£11,910

• Profit before tax

  -102.3%

  £1,454,238 → -£33,757

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