OCTOPUS AIM VCT PLC
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Cash
£41m
+63% highest in 3 filed years
Net assets
£107m
-6.8% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
£2.8m
+145.9% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £2,060,000 | £2,209,000 | £2,072,000 | -6.2% | |
| Operating profit | — | — | — | — | |
| Profit before tax | -£17,734,000 | -£6,079,000 | £2,790,000 | +145.9% | |
| Net profit | -£6,079,000 | -£6,079,000 | £2,790,000 | +145.9% | |
| Cash | £1,276,000 | £24,850,000 | £40,508,000 | +63% | |
| Total assets less current liabilities | £129,109,000 | £115,383,000 | £107,484,000 | -6.8% | |
| Net assets | £129,109,000 | £115,383,000 | £107,484,000 | -6.8% | |
| Equity | £129,109,000 | £115,383,000 | £107,484,000 | -6.8% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £103,000 | £107,569 | £109,746 | +2% | |
| Highest paid director | — | £30,000 | £29,000 | -3.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Net margin | — | — | 134.7% | |
| Gearing (liabilities / total assets) | 0.6% | 4.6% | 7.6% | |
| Current ratio | 68.25x | 7.11x | 6.11x |
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. 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.
Name history
Renamed 3 times since incorporation
- OCTOPUS AIM VCT PLC 2008-09-04 → present
- OCTAPUS AIM VCT PLC 2008-09-03 → 2008-09-04
- CLOSE BROTHERS AIM VCT PLC 1998-01-21 → 2008-09-03
- YPCS 61 PLC 1997-12-08 → 1998-01-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board receives regular reports from the Investment Manager and the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period at least 12 months from the date of approval of the financial statements. ... They are satisfied that no material uncertainties leading to significant doubt about going concern have been identified. It is appropriate to continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “The Board welcomed the recent updates to the VCT rules, the details of which are set out in the Investment Manager's review. These changes expand VCTs' investable universe and enhance their ability to support portfolio companies over a longer period...”
- “The Board is disappointed by the reduction in the income tax relief rate, from 30% to 20%, available to new VCT investors.”
- “Following the realisation of exceptional profits from several long term investments during the year, the Board has announced a special dividend of 4.6 pence per share, which was distributed on 1 April 2026.”
- “As announced in 2025, David Docherty joined the Board as a director with effect from 23 July 2025, and Neal Ransome stepped down from the Board following the Annual General Meeting on 23 July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OCTOPUS COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2019-10-11 | — | — |
| BOTELER, Andrew Norman | Director | 2020-03-19 | Apr 1966 | British |
| DOCHERTY, David John | Director | 2025-07-23 | Dec 1965 | British |
| NASH, Louise Catherine | Director | 2024-07-01 | Feb 1976 | British |
| PARFREY, Joanne | Director | 2016-10-06 | Oct 1972 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOARD, Nicola | Secretary | 2015-05-01 | 2018-03-01 |
| DAVIS, William Edward | Secretary | 1998-01-20 | 2000-05-10 |
| GAIN, Jonathan Mark | Secretary | 1999-12-13 | 2004-03-30 |
| KINNEAR, Catherine | Secretary | 2004-03-30 | 2005-07-31 |
| STANDALOFT, Patricia | Secretary | 2012-08-31 | 2015-05-01 |
| WATERHOUSE, Suzanna Eloise Lauren | Secretary | 2018-03-01 | 2019-10-11 |
| WHITTEN, Celia Linda | Secretary | 2008-08-01 | 2012-08-31 |
| CLOSE VENTURES LIMITED | Corporate Secretary | 2005-07-31 | 2008-08-01 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 1998-01-07 | 1998-01-20 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-12-08 | 1998-01-07 |
| HAZELL-SMITH, Stephen John | Director | 1998-02-02 | 2024-07-18 |
| MALCOLM, Francis Kyles | Director | 1998-02-02 | 2007-03-10 |
| RANSOME, Neal | Director | 2016-10-06 | 2025-07-23 |
| REEVE, Michael Arthur Ferard | Director | 1998-02-02 | 2016-07-07 |
| SEARS, Marion Jane | Director | 2011-10-01 | 2016-10-06 |
| SMITH, Roger John | Director | 1998-02-02 | 2021-07-22 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Director | 1998-01-07 | 1998-02-02 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 1997-12-08 | 1998-01-07 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Director | 1997-12-08 | 1998-01-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 766 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-26 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-08-26 | SH03 | capital | Capital return purchase own shares | |
| 2026-08-05 | RESOLUTIONS | resolution | Resolution | |
| 2026-08-04 | AA | accounts | Accounts with accounts type full | |
| 2026-07-21 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-07-21 | SH03 | capital | Capital return purchase own shares | |
| 2026-07-06 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-07-06 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-22 | SH01 | capital | Capital allotment shares | |
| 2026-06-02 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-06-02 | SH03 | capital | Capital return purchase own shares | |
| 2026-05-01 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-04-30 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-08 | SH01 | capital | Capital allotment shares | |
| 2026-04-08 | SH01 | capital | Capital allotment shares | |
| 2026-04-08 | SH01 | capital | Capital allotment shares | |
| 2026-03-25 | SH01 | capital | Capital allotment shares | |
| 2026-03-23 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-03-23 | SH03 | capital | Capital return purchase own shares | |
| 2026-03-05 | SH07 | capital | Capital cancellation shares by plc |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 18
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.