LF SOLUTIONS HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  the directors do not believe that it is appropriate to prepare these financial statements on a going concern basis

1. LF SOLUTIONS HOLDINGS LIMITED 2020-10-07 → present
2. LINK FINANCIAL GROUP LIMITED 2017-11-06 → 2020-10-07
3. CAPITA FINANCIAL GROUP LIMITED 2002-04-23 → 2017-11-06
4. CITY FINANCIAL GROUP LIMITED 1999-04-08 → 2002-04-23
5. ZEEFIELD LIMITED 1998-11-18 → 1999-04-08

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

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“the directors do not believe that it is appropriate to prepare these financial statements on a going concern basis”

Group structure

1. LF SOLUTIONS HOLDINGS LIMITED · parent
   1. Link Fund Solutions Limited 52% · UK
   2. Link Fund Manager Solutions (Ireland) Limited 100% · Ireland

Significant events

• “The Company's investments in Link Fund Administrators Limited, Link Alternative Fund Administrators Limited, Link Fund Administrators (Ireland) Limited, Waystone Technology Solutions Private limited and Link Fund Solutions (Luxembourg) S.A. were sold during the year for combined proceeds of £57,832,034, resulting in a gain on sale over the carrying value of the investments of £37,126,061.”
• “Following the sale of its subsidiaries as mentioned in Note 5, the Company has no remaining active investments and as such no longer serves a strategic or commercial purpose to the wider group. The Directors therefore intend to liquidate the Company and accordingly, the directors have not prepared the financial statements on a going concern basis.”
• “Effective 1 November 2021, the Company and certain subsidiaries within the Group agreed to act as a guarantor to an existing Facilities Agreement between Link Administration Holdings Limited and certain Lenders.”

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

Filings

3

last 12 months

Capital events

0

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

  —

  Not reported

• Cash

  +3,586.4%

  £8,305 → £306,156

• Net assets

  +230.5%

  -£18,543,902 → £24,207,864

• Employees

  —

  Not reported

• Operating profit

  +211.3%

  -£115,698 → £128,751

• Profit before tax

  +8,626.5%

  -£505,665 → £43,115,470

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