LIQUIDITY FINANCE LLP

• ⚠

  Material uncertainty over going concern

  The members intend to wind down the trading of the LLP within the next 12 months from the date of signing of the financial statements. Therefore, the accounts have been prepared on the basis other than going concern. The financial statements have been prepared on a basis other than that of a going concern which includes, where appropriate, writing down the company's assets to net realisable value.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -86.8%

  £12,301,763 → £1,629,046

• Cash

  -57.7%

  £4,101,173 → £1,734,994

  lowest in 5 filed years

• Net assets

  +26.4%

  £13,692,274 → £17,300,945

• Employees

  -100%

  17 → 0

• Operating profit

  -76.2%

  £6,732,788 → £1,601,084

• Profit before tax

  -80.4%

  £7,180,220 → £1,406,927

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. LIQUIDITY FINANCE LLP 2008-12-08 → present
2. LIQUIDITY FINANCE UK LLP 2008-12-03 → 2008-12-08

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The members intend to wind down the trading of the LLP within the next 12 months from the date of signing of the financial statements. Therefore, the accounts have been prepared on the basis other than going concern. The financial statements have been prepared on a basis other than that of a going concern which includes, where appropriate, writing down the company's assets to net realisable value.”

Group structure

1. LIQUIDITY FINANCE LLP · parent
   1. Liquidity Finance LP 99.9% · USA · Brokerage services
   2. Liquidity Finance Holdings LLC 100% · USA · Brokerage services
   3. Liquidity Finance (Hong Kong) Limited 100% · Hong Kong · Brokerage services

Significant events

• “The members intend to wind down the trading of the LLP within the next 12 months.”
• “On 1 January 2024, Liquidity Finance (DIFC) Limited was sold to a company controlled by the ultimate controlling party for consideration of £662,199.”

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

Filings

2

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.