CLS PROCESSING SOLUTIONS LTD.

Company number

11731411

Status

Active

Incorporation

2018-12-18

Last accounts made up

2024-12-31

Account category

FULL

Primary SIC

64999

Hubs

UK Fintech

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements which indicates that, in both the base and reasonably possible downsides, the company, will require significant additional funding from its immediate parent, CLS UK Intermediate Holdings Ltd to meet its liabilities as they fall due for that period. These assessments are however dependent on CLS UK Intermediate Holdings Ltd providing additional parental financial support during the going concern assessment period, CLS UK Intermediate Holdings Ltd has indicated its intention to continue to make available such funds as are needed by the company during the going concern assessment period. As with any company placing reliance on other group entities for financial support, the Directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the Directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers