MICRO FOCUS SITULA HOLDING LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -96.6%

  £1,829,737,609 → £61,689,467

• Employees

  —

  Not reported

• Operating profit

  0%

  -£45,601 → -£45,601

• Profit before tax

  +25,021.1%

  £580,848 → £145,915,377

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

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.

1. MICRO FOCUS SITULA HOLDING LTD 2019-05-30 → present
2. ENTCO SITULA HOLDING LTD 2017-01-05 → 2019-05-30

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As the Company is in a net current liability position, a parental letter of support has been obtained from Open Text Corporation confirming its commitment and ability to provide adequate financial support, directly or indirectly, either in the form of a contribution, of a loan, or by providing another form of support to the Company for a period of at least twelve months from the date of approval of these financial statements.”

Group structure

1. MICRO FOCUS SITULA HOLDING LTD · parent
   1. Entco Sinope Holding B.V. 100% · Netherlands · Holding

Significant events

• “The Company paid a dividend of $2,560,309,000 and received a dividend of $2,548,535,000 from its subsidiary company, Entco Sinope Holding B.V.”
• “An impairment of $2,354,048,000 was recorded in the financial statements on the investment held in Entco Sinope Holding B.V.”
• “On 26 September 2024, the Company underwent a capital reduction to convert all its share premium to distributable reserves.”
• “A $17,586,000 loan portion, combined with $1,611,000 in accumulated interest, was used to settle a $19,197,000 liability owed to Micro Focus IP Development Limited.”
• “The remaining $10,414,000 loan balance, along with $955,000 in interest, was transferred to Seattle SpinCo, Inc., as part of a $2,560,309,000 dividend distributed on 8 October 2024.”

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

Filings

7

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.