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HERALD INVESTMENT TRUST PLC
10-11 CHARTERHOUSE SQUARE, LONDON, EC1M 6EECompany Number: 02879728
Incorporation date: 10-Dec-1993
Status: Active
Entity type: Public Limited Company
SIC codes:
64301 Activities of investment trusts
SUMMARY
This company is 30.3 years old and is currently active. The company has positive equity (net assets) of GBP 1.1 billion which has increased from GBP 901.2 million in the previous year. The latest reported revenue figure is GBP 11.7 million which is similar to the previous year's figure of GBP 11.3 million. The company has 6 active officers (directors or partners) who are or were officers of 44 other companies, 11 (25.0%) 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: 30-Jun-2024Accounts Filed: FULL (30-Jun-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 11,735,000 | |||||
31-Dec-2018 | GBP | 11,250,000 | -267,000 | ||||
31-Dec-2017 | GBP | 10,799,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 88,843,000 | 90,838,000 | 1,215,000 | 16,828,000 | 73,738,000 | 1,250,000 | 1,122,849,000 | |
31-Dec-2018 | GBP | 68,860,000 | 961,000 | 17,225,000 | 73,738,000 | 1,219,000 | 901,154,000 | ||
31-Dec-2017 | GBP | 41,870,000 | 43,552,000 | 2,443,000 | 17,577,000 | 73,738,000 | 1,161,000 | 966,650,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2019 | GBP | -2.36% | -397,000 | 17,225,000 | 16,828,000 | -61,825,000 |
31-Dec-2018 | GBP | -2.04% | -352,000 | 17,577,000 | 17,225,000 | -37,964,000 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | APEX LISTED COMPANIES SERVICES (UK) LIMITED | 01 Dec 2020 | 29 Mar 2024 | 20 - 91 | ||
Resigned | LAW DEBENTURE CORPORATE SERVICES LIMITED | 01 Nov 2013 | 01 Dec 2020 | 142 - 164 | ||
Resigned | BAILLIE GIFFORD & CO | 01 Sep 2000 | 01 Nov 2013 | 4 - 20 | ||
Resigned | FIRST STATE INVESTMENT MANAGEMENT (UK) LIMITED | 01 May 1997 | 01 Sep 2000 | 0 - 7 | ||
Resigned | CAVENDISH ADMINISTRATION LIMITED | 10 Dec 1993 | 01 May 1997 | 0 - 42 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Priya GUHA MBE | 13 Dec 2023 | Director | British | 1 - 0 | 0 (0.0%) | |
Active | Andrew Neville JOY | 01 Oct 2022 | Director | British | 2 - 0 | 0 (0.0%) | |
Active | Henrietta Elizabeth MARSH | 01 Sep 2019 | Director | British | 1 - 0 | 0 (0.0%) | |
Active | Stephanie Mary EASTMENT | 01 Dec 2018 | Director | British | 4 - 1 | 1 (20.0%) | |
Resigned | Ian Simon Macgregor RUSSELL | 01 Aug 2018 | 01 Mar 2021 | Director | British | 2 - 70 | 44 (61.1%) |
Active | James Robert WILL | 21 Apr 2015 | Company Director | British | 1 - 21 | 7 (31.8%) | |
Active | Karl Stephen STERNBERG | 21 Apr 2015 | Investment Manager | British | 5 - 24 | 9 (31.0%) | |
Resigned | Thomas Joseph BLACK | 01 May 2013 | 18 Apr 2023 | Director | British | 1 - 22 | 11 (47.8%) |
Resigned | Stewart Worth NEWTON | 06 Jan 2012 | 21 Apr 2015 | Director | British | 5 - 41 | 28 (60.9%) |
Resigned | Charles Julian CAZALET | 18 Jan 2008 | 16 Apr 2019 | Company Director | British | 2 - 11 | 4 (30.8%) |
Resigned | Timothy Malise CURTIS | 22 Jul 2004 | 22 Apr 2014 | Director | British | 0 - 27 | 12 (44.4%) |
Resigned | Douglas Christopher Patrick MCDOUGALL | 13 Feb 2002 | 19 Apr 2016 | Director | British | 0 - 19 | 6 (31.6%) |
Resigned | Clayton Mark BRENDISH | 23 Jul 2001 | 17 Apr 2012 | Consultant | British | 5 - 27 | 10 (31.3%) |
Resigned | Colin Michael MCCARTHY | 11 Jan 1994 | 14 Apr 2004 | Finance Director | British | 0 - 42 | 26 (61.9%) |
Resigned | Justin Paul DUKES | 11 Jan 1994 | 13 Apr 2005 | Business Consultant | British | 0 - 6 | 5 (83.3%) |
Resigned | Martin BOASE | 10 Jan 1994 | 01 Sep 2009 | Company Director | British | 0 - 39 | 11 (28.2%) |
Resigned | Clive Anthony PARRITT | 10 Dec 1993 | 13 Apr 2005 | Chartered Accountant | British | 7 - 33 | 13 (32.5%) |
Resigned | Timothy George ABELL | 10 Dec 1993 | 17 Apr 2002 | Company Director | British | 0 - 11 | 3 (27.3%) |
Resigned | INSTANT COMPANIES LIMITED | 10 Dec 1993 | 10 Dec 1993 | 3 - 27924 | 12632 (45.2%) | ||
Resigned | SWIFT INCORPORATIONS LIMITED | 10 Dec 1993 | 10 Dec 1993 | 3 - 80277 | 34119 (42.5%) |
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: 8.5 years
Average active director Dissolution Rate: 13.8%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
HERALD INVESTMENT TRUST PLC
no controlled companies
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 |
---|---|---|---|---|
HERALD INVESTMENT TRUST PLC | 1.0% | 3.9% | 7.1% | Medium |
Other companies Active in the same sector | 1.5% | 6.7% | 18.5% | Medium |
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 1.7% | 4.0% | 5.9% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.7% | 5.7% | 7.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |
VALUATION (BETA)
Valuation ratios as at 2024-02-28
Market Cap GBP | Enterprise Value GBP | PE | EV/Revenue | EV/EBITDA | |
---|---|---|---|---|---|
HERALD INVESTMENT TRUST PLC | 1,142,430,000 | 8.5 | |||
Closed End Investments ( 209 companies) |
118,782,930,000 | 118,858,825,720 | 11.0 (median) |
10.6 (median) |
0.7 (median) |