BARONSMEAD SECOND VENTURE TRUST PLC
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Cash
£484k
+35.6% vs 2024
Net assets
£221m
-2.8% vs 2024
Employees
0
Average over period
Profit before tax
£2.6m
-80.4% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | £13,097,000 | £2,569,000 | -80.4% | |
| Profit before tax | £13,097,000 | £2,569,000 | -80.4% | |
| Net profit | £13,097,000 | £2,569,000 | -80.4% | |
| Cash | £357,000 | £484,000 | +35.6% | |
| Total assets less current liabilities | £227,444,000 | £221,187,000 | -2.8% | |
| Net assets | £227,444,000 | £221,187,000 | -2.8% | |
| Equity | £227,444,000 | £221,187,000 | -2.8% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | £128,100 | £141,813 | +10.7% | |
| Highest paid director | £37,800 | £37,800 | 0% |
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 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Return on capital employed | 5.8% | 1.2% | |
| Gearing (liabilities / total assets) | 0.7% | 0.7% | |
| Current ratio | 0.57x | 2.40x |
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
- BARONSMEAD SECOND VENTURE TRUST PLC 2016-03-14 → present
- BARONSMEAD VCT 3 PLC 2000-11-22 → 2016-03-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the Directors believe that the Company will continue to be able to meet its liabilities as and when they fall due for a period of at least 12 months, therefore it is appropriate to apply the going concern basis in preparing the financial statements.”
Significant events
- “Pursuant to the prospectus published by the Company on 10 January 2025... the Company issued a total of 26,917,909 ordinary shares... raising £15 million (before costs).”
- “In August 2025, Gresham exited to private equity investor, LDC, realizing proceeds of £10.3mn and making a return of 3.1x cost on Panthera Biopartners Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRESHAM HOUSE ASSET MANAGEMENT LIMITED | Corporate Secretary | 2018-11-30 | — | — |
| FARAZMAND, Timothy Bahram Neville | Director | 2020-05-01 | Sep 1960 | British |
| FROMSON, Sarah Katinka | Director | 2019-10-01 | Nov 1959 | British |
| MCDONALD, Graham John | Director | 2021-02-16 | May 1960 | British |
| STIRLING, Adriana Victoria | Director | 2024-12-01 | Dec 1977 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORSTER, Paul Martin | Secretary | 2008-04-15 | 2009-12-14 |
| LAWSON, Barry | Secretary | 2009-12-09 | 2010-04-19 |
| ROWSON, Simon Andrew | Secretary | 2000-11-22 | 2001-01-09 |
| F&C ASSET MANAGEMENT PLC | Corporate Secretary | 2001-01-09 | 2008-04-15 |
| ISIS EP LLP | Corporate Secretary | 2010-04-19 | 2014-06-01 |
| LIVINGBRIDGE VC LLP | Corporate Secretary | 2014-06-01 | 2018-11-30 |
| LUCIENE JAMES LIMITED | Corporate Nominee Secretary | 2000-11-22 | 2000-11-22 |
| CANNON BROOKES, Markham | Director | 2001-01-09 | 2010-05-18 |
| DAVIES, John | Director | 2016-11-30 | 2020-02-27 |
| GROAT, Malcolm | Director | 2016-03-11 | 2024-12-31 |
| KARNEY, Andrew Lumsdaine | Director | 2001-01-09 | 2016-03-11 |
| MITCHELL, Andrew | Director | 2000-11-22 | 2001-01-09 |
| NOTT, Gillian | Director | 2001-01-09 | 2016-03-11 |
| ORROCK, Ian Jackson | Director | 2010-10-21 | 2020-05-01 |
| OWEN, Robert Richardson | Director | 2016-03-11 | 2016-10-13 |
| OWEN, Robert Richardson | Director | 2001-01-09 | 2010-09-28 |
| SFEIR, Annabelle | Director | 2000-11-22 | 2001-01-09 |
| TOWNSEND, John Anthony Victor | Director | 2009-08-04 | 2021-02-16 |
| LUCIENE JAMES LIMITED | Corporate Nominee Director | 2000-11-22 | 2000-11-22 |
| THE COMPANY REGISTRATION AGENTS LIMITED | Corporate Nominee Director | 2000-11-22 | 2000-11-22 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 420 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-08-05 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-07-11 | AA | accounts | Accounts with accounts type interim | |
| 2026-04-27 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-04-22 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-04-07 | SH01 | capital | Capital allotment shares | |
| 2026-04-04 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-17 | SH01 | capital | Capital allotment shares | |
| 2026-03-13 | AA | accounts | Accounts with accounts type full | |
| 2026-02-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-05 | SH01 | capital | Capital allotment shares | |
| 2025-12-08 | SH01 | capital | Capital allotment shares | |
| 2025-12-01 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-10-30 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-09-23 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-08-18 | SH03 | capital | Capital return purchase own shares | |
| 2025-07-08 | AA | accounts | Accounts with accounts type interim | |
| 2025-06-26 | SH01 | capital | Capital allotment shares | |
| 2025-06-25 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-05-30 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 15
- 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.