NORTHERN 3 VCT PLC
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-26 (in 8mo)
Last made up 2026-01-12
Watchouts
None on the register
Cash
£25M
-19.1% vs 2024
Net assets
£130M
+6.2% vs 2024
Employees
—
Average over period
Profit before tax
£7M
+129% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | £3,038,000 | £6,956,000 | |
| Net profit | £3,038,000 | £6,956,000 | |
| Cash | £30,726,000 | £24,862,000 | |
| Total assets less current liabilities | £122,496,000 | £130,109,000 | |
| Net assets | £122,496,000 | £130,109,000 | |
| Equity | £122,496,000 | £130,109,000 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | £134,400 | £134,400 |
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 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
-19.1%
£30,726,000 £24,862,000
-
Net assets
+6.2%
£122,496,000 £130,109,000
-
Employees
—
Not reported
-
Profit before tax
+129%
£3,038,000 £6,956,000
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Current ratio | 200.34x | 97.34x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements, and therefore determine the going concern basis to be appropriate.”
Significant events
- “The decision was made to fundraise a total of £6 million for the Company in the 2024/25 tax year. The Company continues to actively invest in VCT-qualifying holdings, not only in new investment opportunities but also by providing additional rounds of funding for existing investee companies.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MERCIA COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2022-09-30 | — | — |
| BROWN, Anna Bridgetta | Director | 2020-09-21 | Oct 1966 | British |
| FERGUSON, James Gordon Dickson | Director | 2001-09-20 | Nov 1947 | British |
| FLEETWOOD, Christopher John | Director | 2001-09-20 | Jul 1951 | British |
| LEVETT, Timothy Roland | Director | 2001-09-03 | May 1949 | British |
| OVENS, David Sutherland | Director | 2025-04-24 | Nov 1972 | British |
| WADDELL, John Maclaren Ogilvie | Director | 2007-09-26 | Apr 1956 | British |
| YOUNGER, James Henry | Director | 2026-02-13 | Jan 1965 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRYCE, James Kirk | Secretary | 2018-03-31 | 2022-01-01 |
| LEVETT, Timothy Roland | Secretary | 2001-09-03 | 2001-09-03 |
| MELLOR, Christopher David | Secretary | 2001-09-03 | 2018-03-31 |
| VENABLES, Graham | Secretary | 2022-01-01 | 2022-09-30 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-09-03 | 2001-09-03 |
| HUSTLER, John Randolph | Director | 2001-09-20 | 2010-09-23 |
| MELLOR, Christopher David | Director | 2001-09-03 | 2001-09-20 |
| SEALEY, Barry Edward | Director | 2001-09-20 | 2007-09-26 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2001-09-03 | 2001-09-03 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Director | 2001-09-03 | 2001-09-03 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 579 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-19 RESOLUTIONS Resolution
- 2025-08-19 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-04-30 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-21 | SH01 | capital | Capital allotment shares | |
| 2026-01-20 | SH07 | capital | Capital cancellation shares by plc | |
| 2026-01-20 | SH03 | capital | Capital return purchase own shares | |
| 2025-12-10 | SH01 | capital | Capital allotment shares | |
| 2025-11-26 | SH07 | capital | Capital cancellation shares by plc | |
| 2025-11-26 | SH03 | capital | Capital return purchase own shares | |
| 2025-09-29 | SH07 | capital | Capital cancellation shares by plc | |
| 2025-09-29 | SH03 | capital | Capital return purchase own shares | |
| 2025-09-17 | AUD | auditors | Auditors resignation company | |
| 2025-09-09 | SH01 | capital | Capital allotment shares | |
| 2025-08-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-19 | MA | incorporation | Memorandum articles | |
| 2025-08-04 | SH07 | capital | Capital cancellation shares by plc | |
| 2025-08-04 | SH03 | capital | Capital return purchase own shares | |
| 2025-07-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | SH03 | capital | Capital return purchase own shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 14
- Officers appointed
- 1
- 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.