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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2025-09-30

Confirmation statement due

2027-02-12 (in 9mo)

Last made up 2026-01-29

Watchouts

None on the register

Cash

£3M

+185.7% vs 2024

Net assets

£217M

+2.1% vs 2024

Employees

Average over period

Profit before tax

£2M

-78.4% vs 2024

Accounts

2-year trend · latest reflected 2025-09-30

Metric Trend 2024-09-302025-09-30
Turnover £3,566,000£4,109,000
Operating profit
Profit before tax £11,324,000£2,441,000
Net profit £11,323,000£2,425,000
Cash £1,215,000£3,471,000
Total assets less current liabilities £212,646,000£219,657,000
Net assets £212,183,000£216,709,000
Equity £212,183,000£216,709,000
Average employees
Wages
Directors' remuneration

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

Year-on-year

FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-09-302025-09-30
Net margin 317.5%59.0%
Gearing (liabilities / total assets) 0.8%1.9%
Current ratio 1.31x5.45x

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.

Name history

Renamed 1 time since incorporation

  1. BARONSMEAD VENTURE TRUST PLC 2016-02-08 → present
  2. BARONSMEAD VCT 2 PLC 1998-01-29 → 2016-02-08

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis of accounting in preparing the Annual Report and Financial Statements.”

Significant events

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

People

5 active · 21 resigned

Name Role Appointed Born Nationality
GRESHAM HOUSE ASSET MANAGEMENT LIMITED Corporate Secretary 2018-11-30
MELVIN, David Logan Director 2025-04-01 Jul 1960 British
MILLER SMITH, Fiona Margaret Director 2021-09-01 Jul 1970 British
PROBIN, Michael Director 2021-06-14 Mar 1963 British
SINGH, Mandeep Gorst Director 2025-04-01 Dec 1983 British
Show 21 resigned officers
Name Role Appointed Resigned
FORSTER, Paul Martin Secretary 2008-07-01 2009-12-14
JOHANSEN, Piers Charles Christian Secretary 1998-01-29 1998-02-18
F&C ASSET MANAGEMENT PLC Corporate Secretary 1998-02-18 2008-07-01
ISIS EP LLP Corporate Secretary 2009-11-24 2014-06-01
LIVINGBRIDGE VC LLP Corporate Secretary 2014-06-01 2018-11-30
LUCIENE JAMES LIMITED Corporate Secretary 1998-01-29 1998-01-29
DOLAN, Isabel Director 2023-11-01 2025-01-21
GABB, Leslie Ian Director 2016-02-08 2023-12-31
GOLDRING, Howard David Director 2009-11-11 2016-02-08
JILLINGS, Godfrey Frank Director 1998-02-18 2010-09-28
JOHANSEN, Piers Charles Christian Director 1998-01-29 1998-02-18
LAWRENCE, Peter Anthony Director 2016-02-08 2022-03-31
MARSHALL, Valerie Margaret Director 2016-02-08 2021-10-31
MCCOMB, Christina Margaret Director 2011-02-03 2017-12-05
NICKLIN, Susannah Elizabeth Mckean Director 2018-02-21 2024-06-30
NOTT, Gillian Director 1998-02-18 2016-02-08
ODONOGHUE, Brian William Director 1998-01-29 1998-02-18
PARRITT, Clive Anthony Director 1998-02-18 2016-05-31
TIMPSON, Nicholas George Lawrence Director 1998-02-18 2009-12-14
LUCIENE JAMES LIMITED Corporate Nominee Director 1998-01-29 1998-01-29
THE COMPANY REGISTRATION AGENTS LIMITED Corporate Nominee Director 1998-01-29 1998-01-29

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 494 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-04-04 RESOLUTIONS Resolution
  • 2025-04-30 MA Memorandum articles
  • 2025-04-28 RESOLUTIONS Resolution
Date Type Category Description
2026-04-22 SH03 capital Capital return purchase own shares treasury capital date
2026-04-07 SH01 capital Capital allotment shares PDF
2026-04-04 RESOLUTIONS resolution Resolution
2026-03-17 SH01 capital Capital allotment shares PDF
2026-03-13 AA accounts Accounts with accounts type full
2026-02-06 CS01 confirmation-statement Confirmation statement with updates PDF
2026-02-05 SH01 capital Capital allotment shares PDF
2025-12-08 SH01 capital Capital allotment shares PDF
2025-12-01 SH03 capital Capital return purchase own shares treasury capital date
2025-11-11 SH03 capital Capital return purchase own shares treasury capital date
2025-10-30 SH03 capital Capital return purchase own shares treasury capital date
2025-08-18 SH03 capital Capital return purchase own shares treasury capital date
2025-07-08 AA accounts Accounts with accounts type interim
2025-06-26 SH01 capital Capital allotment shares PDF
2025-06-25 MISC miscellaneous Miscellaneous
2025-05-30 SH01 capital Capital allotment shares PDF
2025-05-28 SH03 capital Capital return purchase own shares treasury capital date
2025-05-07 SH03 capital Capital return purchase own shares treasury capital date
2025-04-30 MA incorporation Memorandum articles
2025-04-28 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
18

last 12 months

Capital events
13

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.

Official Companies House page