LYCAMONEY FINANCIAL SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  The Company has provided the Financial Conduct Authority with a Voluntary Undertaking to refrain from providing any services that it is registered to provide and as a consequence is reliant on the financial support from related parties. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.

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

• Turnover

  —

  Not reported

• Cash

  -47.4%

  £918,307 → £482,739

• Net assets

  -245.7%

  -£1,024,356 → -£3,540,906

• Employees

  +100%

  4 → 8

• Operating profit

  -30.8%

  -£2,102,732 → -£2,749,712

• Profit before tax

  -36.7%

  -£2,206,854 → -£3,016,016

• Wages

  +121.6%

  £425,237 → £942,396

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company has provided the Financial Conduct Authority with a Voluntary Undertaking to refrain from providing any services that it is registered to provide and as a consequence is reliant on the financial support from related parties. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “The Company made substantial progress in improving its AML compliance framework and core technology infrastructure during the year. This included enhancements to customer on-boarding systems, transaction monitoring and overall control processes.”
• “On 17 April 2025, the Company issued 17 new ordinary shares to Lyca Group Holdings Limited in settlement of a £4.76 million subordinated loan that had been novated from Lycatel Services Limited.”
• “The Company further secured a letter of financial support from Lycatel Services Limited with the intention to buy 2 shares, valued at £560,000.”
• “The Company has also secured an additional £1 million subordinated loan facility agreement from one of our shareholders to strengthen the Company's capital position and support operational resilience.”
• “In July 2025 the company appointed a new CEO, CFO and COO to form the Executive Committee. These experienced hires bring significant financial services expertise and will position the business for long-term success.”
• “On 19 December 2025, the Company issued 1 Ordinary share with a nominal value of £1 for £280,000.”

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

3

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.