LINK THEORY (UK) LTD
Get an alert when LINK THEORY (UK) LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2027-03-27 (in 10mo)
Last made up 2026-03-13
Watchouts
None on the register
Cash
£2M
-36.4% vs 2024
Net assets
-£31M
-29.9% vs 2024
Employees
79
-19.4% vs 2024
Profit before tax
-£7M
+17.5% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Turnover | £24,361,187 | £20,387,959 | |
| Operating profit | -£6,935,331 | -£5,508,887 | |
| Profit before tax | -£8,702,490 | -£7,175,782 | |
| Net profit | -£8,702,490 | -£7,175,782 | |
| Cash | £3,189,323 | £2,029,476 | |
| Total assets less current liabilities | £6,752,955 | -£21,763,012 | |
| Net assets | -£24,033,847 | -£31,209,628 | |
| Equity | -£24,033,847 | -£31,209,628 | |
| Average employees | 98 | 79 | |
| Wages | £5,030,511 | £4,461,397 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Operating margin | -28.5% | -27.0% | |
| Net margin | -35.7% | -35.2% | |
| Return on capital employed | -102.7% | 25.3% | |
| Gearing (liabilities / total assets) | 217.4% | 340.9% | |
| Current ratio | 0.98x | 0.20x | |
| Interest cover | -3.92x | -3.30x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered a period of 12 months from the date of approval of these financial statements and, despite a net liability of £31,209,628 and loss of £7,715,782, based on their assessment of the resources available from within the group, have a reasonable expectation that the company has sufficient resources to continue in operational existence for the foreseeable future. The ultimate parent company has additionally provided a letter of support. The directors continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- LINK THEORY (UK) LTD · parent
- Link Theory Italia Srl 100%
Significant events
- “There have been no significant events after the reporting date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VISTRA COMPANY SECRETARIES LIMITED | Corporate Secretary | 2006-03-13 | — | — |
| ARIEVEN, Yoram | Director | 2014-06-25 | Jul 1955 | American |
| TANDON, Dinesh | Director | 2019-04-01 | Nov 1973 | Indian |
| YANAI, Kazumi | Director | 2014-06-25 | Apr 1974 | Japanese |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2006-03-13 | 2006-03-13 |
| BOTAR, Attila Justus | Director | 2006-03-13 | 2007-12-21 |
| DOMAE, Nobuo | Director | 2010-04-09 | 2014-06-25 |
| GODFREY, Gary Roy | Director | 2006-03-13 | 2010-04-09 |
| ONISHI, Hidetsugu | Director | 2006-03-13 | 2010-04-09 |
| POTTER, Ashley | Director | 2007-04-01 | 2009-02-11 |
| ROSEN, Andrew | Director | 2006-03-13 | 2019-04-01 |
| SASAKI, Chikara | Director | 2006-03-13 | 2011-08-09 |
| SCHULZ, Christian | Director | 2007-04-01 | 2010-04-09 |
| VLIEGEN, Ivo Jaak Sylvain | Director | 2014-06-25 | 2015-04-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fast Retailing Co Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-08-01 | Active |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-07 | AA | accounts | Accounts with accounts type full | |
| 2025-10-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-18 | CH01 | officers | Change person director company with change date | |
| 2025-01-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-03 | AA | accounts | Accounts with accounts type full | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-08-02 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-08-01 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-02 | AA | accounts | Accounts with accounts type full | |
| 2022-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-09-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
-16.3%
£24,361,187 £20,387,959
-
Cash
-36.4%
£3,189,323 £2,029,476
-
Net assets
-29.9%
-£24,033,847 -£31,209,628
-
Employees
-19.4%
98 79
-
Operating profit
+20.6%
-£6,935,331 -£5,508,887
-
Profit before tax
+17.5%
-£8,702,490 -£7,175,782
-
Wages
-11.3%
£5,030,511 £4,461,397
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers