ICG ENTERPRISE TRUST PLC

PROCESSION HOUSE, 55 LUDGATE HILL, LONDON, EC4M 7JW

Previous name: GRAPHITE ENTERPRISE TRUST PLC (changed on 01-Feb-2016)

Company Number: 01571089
Incorporation date: 29-Jun-1981
Status: Active
Entity type: Public Limited Company

SIC codes:
64301 Activities of investment trusts

SUMMARY

This company is 42.8 years old and is currently active. The company has positive equity (net assets) of GBP 793.5 million which has increased from GBP 730.9 million in the previous year. The company has 6 active officers (directors or partners) who are or were officers of 70 other companies, 13 (18.6%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Jul-2024
Accounts Filed: FULL (31-Jan-2023)

P&L Financials:

Year end	Currency	Tax	Net Profit GBP
31-Jan-2020	GBP	538,000	2,772,000
12-Apr-2019	GBP	260,000	1,862,000
31-Jan-2018	GBP	2,435,000	81,789,000
31-Jan-2017	GBP	2,294	6,795

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Share Capital	Premium Reserve	Net Assets
31-Jan-2020	GBP	14,470,000	15,612,000	7,292,000	12,936,000	793,545,000
12-Apr-2019	GBP	60,626,000	61,174,000	7,292,000	12,936,000	730,860,000
31-Jan-2018	GBP	60,626,000	61,174,000	7,292,000	12,936,000	730,860,000
31-Jan-2017	GBP		7	4		4

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Jan-2018	GBP	100.00%	20,227,996	11	20,228,007	-20,198,991

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	All apointments (active/resigned)
Active	ICG FMC LIMITED	16 Nov 2020	16 Apr 2024	6 - 1
Resigned	ICG NOMINEES 2015 LIMITED	01 Feb 2016	16 Nov 2020	0 - 1
Resigned	GRAPHITE CAPITAL MANAGEMENT LLP	07 Mar 2001	01 Feb 2016	7 - 5
Resigned	F & C MANAGEMENT LIMITED	07 Dec 1993	07 Mar 2001	0 - 38
Resigned	F & C MANAGEMENT LIMITED		07 Mar 2001	0 - 38

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Janine NICHOLLS	01 Jul 2022		Company Director	British	3 - 30	6 (18.2%)
Active	Adiba Anyaoku IGHODARO	01 Jul 2022		Company Director	British	2 - 1	0 (0.0%)
Active	David WARNOCK	01 Dec 2020		Company Director	British	2 - 20	7 (31.8%)
Active	Gerhard Wilhelm FUSENIG	02 Sep 2019		Non-Executive Director	German	1 - 3	0 (0.0%)
Active	Rosina Jane TUFNELL	18 Apr 2019		Non Executive Director	British	4 - 5	1 (11.1%)
Active	Alastair Charles BRUCE	01 May 2018		Company Director	British	8 - 2	0 (0.0%)
Resigned	Sandra PAJAROLA	27 Mar 2013	28 Jun 2022	Company Director	Swiss	0 - 1	0 (0.0%)
Resigned	Lucinda Jane RICHES	14 Jul 2011	21 Jun 2021	Company Director	British	7 - 8	1 (6.7%)
Resigned	Andrew David POMFRET	11 Mar 2011	27 Jun 2019	Accountant	British	0 - 63	34 (54.0%)
Resigned	Jeremy John TIGUE	27 Mar 2008	17 Jun 2020	Fund Manager	British	2 - 10	2 (16.7%)
Resigned	Peter Francis GRAY	14 Nov 2002	14 May 2008	Company Director	British	1 - 27	13 (46.4%)
Resigned	Sean Stuart O'CONNOR	24 May 2001	15 Jun 2011	Director	British	0 - 17	5 (29.4%)
Resigned	Mark William FANE	22 May 2000	13 Jun 2017	Director	British	13 - 16	11 (37.9%)
Resigned	Michael Ralston CUMMING	02 Mar 1999	13 Jun 2013	Consultant	British	2 - 20	7 (31.8%)
Resigned	Peter Frederick DICKS	29 Jul 1998	18 Jun 2018	Company Director	British	6 - 43	22 (44.9%)
Resigned	John Richard SCLATER	07 Mar 1996	19 May 2009	Banker	British	2 - 50	9 (17.3%)
Resigned	Peter Alfred Max CURRY		24 May 2001	Company Director	British	0 - 11	4 (36.4%)
Resigned	Roderick Cameron Mcmicking HALL		21 Apr 1999	Investment Banker	British	0 - 8	1 (12.5%)
Resigned	John Richard SCLATER		19 May 2009	Banker	British	2 - 50	9 (17.3%)
Resigned	James Jonathan, The Hon NELSON		31 Dec 1998	Investment Manager	British	2 - 32	12 (35.3%)
Resigned	Christopher John WESTON		31 Dec 1999	Fine Art Auctioneer	British	2 - 26	10 (35.7%)
Resigned	Andrew Charles BARKER		31 Dec 1998	Investment Manager	British	1 - 21	7 (31.8%)
Resigned	Peter Lennox BURTON		25 Apr 2000	Managing Director	British	0 - 20	6 (30.0%)

Number of active directors: 6
Average tenure of active directors: 3.8 years
Average tenure of resigned directors: 7.0 years
Average active director Dissolution Rate: 10.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Janine NICHOLLS	Adiba Anyaoku IGHODARO	David WARNOCK	Gerhard Wilhelm FUSENIG	Rosina Jane TUFNELL	Alastair Charles BRUCE
BRITISH POLYTHENE INDUSTRIES LIMITED (00108191) - Active			✔
ENGLISH NATIONAL OPERA (00426792) - Active		✔
JPMORGAN CLAVERHOUSE INVESTMENT TRUST PLC (00754577) - Active					✔
BURGHLEY HOUSE PRESERVATION TRUST LIMITED (00951524) - Active					✔
ICG ENTERPRISE TRUST PLC (01571089) - Active	✔	✔	✔	✔	✔	✔
COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION (02420411) - Active					✔
THE STEVENAGE COMMUNITY TRUST (02546501) - Active						✔
THE NATIONAL YOUTH BALLET OF GREAT BRITAIN (02557811) - Active	✔
DAISY IT GROUP LIMITED (03476115) - Active			✔
OM RESIDUAL UK LIMITED (03591559) - Active		✔
HERMES UOB CAPITAL MANAGEMENT LIMITED (04021012) - Dissolved	✔
SENECA INVESTMENT MANAGERS LIMITED (04325961) - Liquidation			✔
BARINGS EMERGING EMEA OPPORTUNITIES PLC (04560726) - Active						✔
LIVE GURU LIMITED (06237517) - Active			✔
HPE GP LIMITED (06636681) - Active	✔
CHILD'S I FOUNDATION (06674427) - Active						✔
FIDELITY CHINA SPECIAL SITUATIONS PLC (07133583) - Active						✔
CALCULUS VCT PLC (07142153) - Active	✔
HERMES GPE FOUNDER PARTNER LTD (07506653) - Active	✔
A SHADE GREENER (F2) LTD (07530102) - Active	✔
THE DIVERSE INCOME TRUST PLC (07584303) - Active					✔
HGPE CAPITAL LIMITED (07712604) - Active	✔
HGPE CO 1 LIMITED (07717746) - Dissolved	✔
GPE PARTNER LIMITED (07717749) - Active	✔
HGPE CO 2 LIMITED (07735891) - Dissolved	✔
HGPE ASG FINANCE LIMITED (08025555) - Active	✔
HGPE ASG LIMITED (08025996) - Active	✔
MIDAS CAPITAL PARTNERS LIMITED (08191468) - Dissolved			✔
HGPE ASG ASSETCO LIMITED (08393152) - Active	✔
GREATVINE LIMITED (08418420) - Dissolved			✔
HGPE BRAES OF DOUNE MEZZCO LIMITED (08549973) - Liquidation	✔
HGPE BRAES OF DOUNE HOLDCO LIMITED (08549978) - Liquidation	✔
SENECA ASSET MANAGERS LIMITED (08818279) - Liquidation			✔
PSYCHESOMA LTD (09403833) - Active						✔
SCHRODERS CAPITAL GLOBAL INNOVATION TRUST PLC (09405653) - Active					✔
MINICOY INVESTMENTS LIMITED (09580650) - Active						✔
MINICOY DEVELOPMENTS LIMITED (09580794) - Active						✔
IRIS TOPCO (UK) LIMITED (10224238) - Active	✔
THE PEOPLE'S INVESTMENT TRUST PLC (10842691) - Active - Proposal to Strike off					✔
ODYSSEAN INVESTMENT TRUST PLC (11121934) - Active					✔
SEVENOAKS HOCKEY CLUB LTD (11438595) - Active	✔
SAFFRON MIDCO 1 LIMITED (11825161) - Active	✔
SAFFRON MIDCO 2 LIMITED (11825484) - Active	✔
SAFFRON BIDCO LIMITED (11825536) - Active	✔
SNOWBALL IMPACT MANAGEMENT LIMITED (12487802) - Active	✔
MINICOY INVESTMENTS (STEVENAGE) LIMITED (14175980) - Active						✔
SCOTTISH DEVELOPMENT FINANCE LIMITED (SC077052) - Active - Proposal to Strike off			✔
ABRDN HOLDINGS LIMITED (SC082015) - Active				✔
TROY INCOME & GROWTH TRUST PLC (SC111955) - Active			✔
ABERFORTH UNIT TRUST MANAGERS LIMITED (SC124771) - Active			✔
CITY HEALTH CLINIC EDINBURGH LIMITED (SC185407) - Active			✔
HERMES UOB GENERAL PARTNER LIMITED (SC211181) - Dissolved	✔
HERMES UOB SLP GENERAL PARTNER LIMITED (SC211182) - Active	✔
ABERFORTH SGP IA LIMITED (SC214414) - Dissolved			✔
ABERFORTH LGP IA LIMITED (SC214415) - Active			✔
ABERFORTH SGP IB LIMITED (SC215034) - Dissolved			✔
ABERFORTH LGP IB LIMITED (SC215035) - Active			✔
ABRDN PRIVATE EQUITY OPPORTUNITIES TRUST PLC (SC216638) - Active			✔
GENERAL PARTNER NO.1 LIMITED (SC251895) - Active	✔
GENERAL PARTNER NO.2 LIMITED (SC251899) - Active	✔
ABRDN PLC (SC286832) - Active				✔
GPE III GP LIMITED (SC288717) - Active	✔
GPE III IP LIMITED (SC288718) - Active	✔
CITY HEALTH CLINIC GROUP LIMITED (SC291822) - Active			✔
ABRDN INVESTMENTS (HOLDINGS) LIMITED (SC298143) - Active				✔
HPE SCOTLAND GP LIMITED (SC313153) - Active	✔
CT GLOBAL MANAGED PORTFOLIO TRUST PLC (SC338196) - Active			✔
DW LINKS LIMITED (SC349519) - Active			✔
HPE ENVIRONMENTAL INNOVATION GP LIMITED (SC371182) - Active	✔
HERMES GPE 2011-2013 GP LTD (SC392261) - Active	✔
HERMES GPE FOUNDER PARTNER 2 LIMITED (SC406469) - Active	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2012-04-30
RED ROCKS CAPITAL PARTNERS	ORDINARY	4,165,986 52.7%
HENDERSON GLOBAL INVESTMENTS	ORDINARY	3,731,834 47.3%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2021-02-04	2019-11-28	2019-02-04	2018-11-28	2018-11-12
ICG ENTERPRISE TRUST PLC	A ORDINARY	20,688 100%	0 0%	20,688 100%	0 0%	0 0%
ICG ENTERPRISE TRUST PLC	A PREFERENCE SHARES	0 0%	1,588,215 50.1%	0 0%	1,588,215 50.1%	1,588,215 50.1%
ICG ENTERPRISE TRUST PLC	B PREFERENCE SHARES	0 0%	1,543,734 48.7%	0 0%	1,543,734 48.7%	1,543,734 48.7%
ICG ENTERPRISE TRUST PLC	A ORDINARY SHARES	0 0%	38,818 1.22%	0 0%	38,818 1.22%	38,818 1.22%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

no controlling companies

ICG ENTERPRISE TRUST PLC

Controlled companies below

50%-75%:STANDARD BRANDS (UK) LIMITED (04161375 - UK) ceased
25-50%:THE LAINE ACQUISITION LIMITED (08878131 - UK) ceased
- >75%:THE LAINE MIDCO LIMITED (08880081 - UK) active
  - >75%:THE LAINE BIDCO LIMITED (08911549 - UK) active
    >75%:THE LAINE PUB COMPANY LIMITED (06067476 - UK) ceased
    >75%:THE LAINE BREWING COMPANY LIMITED (07344806 - UK) active
    >75%:ZELGRAIN LIMITED (03235178 - UK) active
    >75%:C-SIDE (HOLDINGS) LIMITED (04144871 - UK) active
    >75%:C-SIDE LIMITED (02892663 - UK) active
    25-50%:MASH INNS LIMITED (10010356 - UK) active
    >75%:THE NEW PUB COMPANY LIMITED (06783515 - UK) active
    >75%:SMITHY INNS LIMITED (04556542 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 64301 Activities of investment trusts)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
ALLIANCE TRUST PLC	RIVER COURT, 5 WEST VICTORIA DOCK ROAD, DUNDEE, SCOTLAND, DD1 3JT	SC001731	2017-12-31	490,552,000	471,807,000
ELECTRA PRIVATE EQUITY PLC	C/O DWF COMPANY SECRETARIAL SERVICES LIMITED 1 SCOTT PLACE, 2 HARDMAN STREET, MANCHESTER, UNITED KINGDOM, M3 3AA	00303062	2018-09-30	26,000,000	24,000,000
WALSINGHAM CAPITAL LIMITED	66 ST. JAMES'S, 4TH FLOOR, LONDON, ENGLAND, SW1A 1NE	09392397	2017-03-31	8,357,785	0
ANCHORHOLDS LIMITED	118 COLUMBIA AVENUE, LIVINGSTON, WEST LOTHIAN, EH54 6PT	SC468481	2018-03-31	86,377	0	64302-Activities of unit trusts 64304-Activities of open-ended investment companies 69201-Accounting and auditing activities
AURELIUS FINANCE COMPANY LIMITED	6TH FLOOR, 33 GLASSHOUSE STREET, LONDON, ENGLAND, W1B 5DG	10773394	2018-12-31	63,000	0
EDDLESTON INVESTMENT MANAGEMENT LIMITED	5 HOOKFIELD, EPSOM, SURREY, ENGLAND, KT19 8JQ	02100053	2018-12-31	40,124	0
LIFE TENANCY INVESTMENTS LIMITED	18 UPPER MALL, LONDON, UNITED KINGDOM, W6 9TA	10744662	2018-04-30	0	0	64304-Activities of open-ended investment companies 64306-Activities of real estate investment trusts 66300-Fund management activities
SPORT CAPITAL INVESTMENT LIMITED	11 ROSEMONT ROAD, HAMPSTEAD, LONDON, ENGLAND, NW3 6NG	09916500	2018-12-31	0	0
AXLE TOPCO LIMITED	SUITE 11, STONE CROSS PLACE STONE CROSS LANE NORTH, LOWTON, WARRINGTON, ENGLAND, WA3 2SH	10223517	0000-00-00	0	0
BTL FAMILY COMPANY LIMITED	MARLOW WINERY, PUMP LANE NORTH, MARLOW, ENGLAND, SL7 3RD	07875961	0000-00-00	0	0
CALEDONIA INVESTMENTS PLC	CAYZER HOUSE, 30 BUCKINGHAM GATE, LONDON, ENGLAND, SW1E 6NN	00235481	0000-00-00	0	0
DOWNING ONE VCT PLC	THE SHARD, C/O FORESIGHT GROUP, 32 LONDON BRIDGE STREET, LONDON, ENGLAND, SE1 9SG	03150868	0000-00-00	0	0
DUNEDIN ENTERPRISE INVESTMENT TRUST PLC	2ND FLOOR EASTER DALRY HOUSE, 3 DISTILLERY LANE, EDINBURGH, UNITED KINGDOM, EH11 2BD	SC052844	0000-00-00	0	0
FORESIGHT SOLAR & TECHNOLOGY VCT PLC	FORESIGHT GROUP LLP, THE SHARD, 32 LONDON BRIDGE STREET, LONDON, SE1 9SG	07289280	0000-00-00	0	0
HORIZON CAPITAL 2013 GENERAL PARTNER LIMITED	50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, EH3 9WJ	SC426395	0000-00-00	0	0
LAST MILE INFRASTRUCTURE (HOLDINGS) LIMITED	KINGFISHER SUITE WHEELHOUSE, BONDS MILL ESTATE, STONEHOUSE, GLOUCESTERSHIRE, ENGLAND, GL10 3RF	11626661	0000-00-00	0	0
LAST MILE INFRASTRUCTURE GROUP LIMITED	KINGFISHER SUITE WHEELHOUSE, BONDS MILL ESTATE, STONEHOUSE, GLOUCESTERSHIRE, ENGLAND, GL10 3RF	11534385	0000-00-00	0	0
LAST MILE INFRASTRUCTURE HOLDCO1 LIMITED	KINGFISHER SUITE WHEELHOUSE, BONDS MILL ESTATE, STONEHOUSE, GLOUCESTERSHIRE, ENGLAND, GL10 3RF	11614308	0000-00-00	0	0
LAST MILE INFRASTRUCTURE HOLDCO2 LIMITED	KINGFISHER SUITE WHEELHOUSE, BONDS MILL ESTATE, STONEHOUSE, GLOUCESTERSHIRE, ENGLAND, GL10 3RF	11616387	0000-00-00	0	0
MIDWINTER CAPITAL LIMITED	1 KING WILLIAM STREET, LONDON, UNITED KINGDOM, EC4N 7AR	11574427	0000-00-00	0	0
SHARVILLE INVESTMENTS LTD	ARGYLE HOUSE 3RD FLOOR, NORTHSIDE, JOEL STREET, NORTHWOOD HILLS, MIDDLESEX, ENGLAND, HA6 1NW	11478733	0000-00-00	0	0	64304-Activities of open-ended investment companies
ST JAMES PARK LIMITED	3 HAWTHORN AVENUE, WILMSLOW, CHESHIRE, ENGLAND, SK9 5BR	11988938	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
ICG ENTERPRISE TRUST PLC	0.9%	3.6%	7.1%	Medium
Other companies Active in the same sector	1.5%	6.7%	18.5%	Medium


Age	0.4%	1.4%	2.7%	Medium
Company Type	1.7%	4.0%	5.9%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.2%	6.7%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium

VALUATION (BETA)

Valuation ratios as at 2024-03-31

	Market Cap GBP	Enterprise Value GBP	PE	EV/Revenue	EV/EBITDA
ICG ENTERPRISE TRUST PLC	792,690,000		6.6
Closed End Investments ( 204 companies)	121,868,450,000	121,944,345,720	14.9 (median)	13.6 (median)	N/A