Linkham Services Limited (07387410): administration
- Status
- Administration ended
- Administration began
- 2021-06-10
- Incorporated
- 2010-09-24
- Location
- Wolston
- Industry
- 70229 Management consultancy activities other than financial management
Why it went into administration
- COVID-19
- Regulatory change or action
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
Linkham Services started in 2008 as a consultancy advisory services specialist, focussing on Banking and Card relationships as a niche consultancy. Linkham Services became a VISA Partner Consultancy within a relatively short timeframe, performing Re-engineering and Product launches for multiple EU and African Banks. Linkham Services Limited (‘LSL’) was subsequently incorporated in 2010 and Mr Persad joined having worked most of his career in the general insurance and financial services business. LSL embarked on a journey to position itself in international markets, starting its trading exclusively in the travel sector from 2011 with its first market outside the UK being Mauritius.
LSL is now a multi-national Managing General Agency with a strategy of owning and controlling the entire travel insurance value chain to deliver sustainable, profitable outcomes for all parties. It developed from a niche consultancy to a significant insurance solutions brand within the Travel and Medical Insurance market, primarily within the United Kingdom, Republic of Ireland, Mauritius, South Africa, East Africa and the Middle East. It developed in-depth relationships with key partners across different regions and was different in that it had in-house capability to deliver in all aspects of the value chain.
Administrators' statement of proposals (2021-06-24) · Companies House register