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MOLTEN VENTURES VCT PLC
THE OFFICE SUITE, DEN HOUSE, DEN PROMENADE, TEIGNMOUTH, TQ14 8SYPrevious name: DRAPER ESPRIT VCT PLC (changed on 04-Feb-2022)
Previous name: ELDERSTREET DRAPER ESPRIT VCT PLC (changed on 10-Jan-2019)
Previous name: ELDERSTREET VCT PLC (changed on 07-Dec-2017)
Company Number: 03424984
Incorporation date: 26-Aug-1997
Status: Active
Entity type: Public Limited Company
SIC codes:
64301 Activities of investment trusts
SUMMARY
This company is 26.6 years old and is currently active. The company has positive equity (net assets) of GBP 36.7 million which has decreased from the previous year's figure of GBP 39 million. The latest reported revenue figure is GBP 585 thousand which is down -10% on the previous year. Retained earnings is negative (GBP -9 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 5 active officers (directors or partners) who are or were officers of 139 other companies, 75 (54.0%) 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-Sep-2024Accounts Filed: FULL (31-Mar-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Mar-2020 | GBP | 585,000 | |||||
31-Mar-2019 | GBP | 634,000 | |||||
31-Mar-2018 | GBP | 673,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Mar-2020 | GBP | 8,422,000 | 10,838,000 | 190,000 | 3,997,000 | 6,388,000 | -9,000 | 36,743,000 | |
31-Mar-2019 | GBP | 15,987,000 | 16,071,000 | 179,000 | 3,436,000 | 599,000 | -16,000 | 38,969,000 | |
31-Mar-2018 | GBP | 15,987,000 | 16,071,000 | 179,000 | 3,194,000 | 22,054,000 | -187,000 | 36,720,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Mar-2020 | GBP | 14.04% | 6,350,000 | 38,892,335 | 45,242,335 | 29,862,835 |
31-Mar-2019 | GBP | 7.04% | -21,213,000 | -279,976,537 | -301,189,537 | -306,570,037 |
** 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 | ISCA ADMINISTRATION SERVICES LIMITED | 26 Feb 2024 | 29 Mar 2024 | 8 - 1 | ||
Resigned | Grant Leslie WHITEHOUSE | 12 Dec 2001 | 26 Feb 2024 | Accountant | British | 22 - 85 |
Resigned | Tony Michael MCGING | 27 Jan 1998 | 12 Dec 2001 | 20 - 156 | ||
Resigned | Michael Lionel HARRIS | 26 Aug 1997 | 27 Jan 1998 | Solicitor | British | 3 - 42 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Sally Louise DUCKWORTH | 22 Jan 2024 | Director | British | 3 - 1 | 0 (0.0%) | |
Active | John Richard MARSH | 11 Aug 2021 | Director | British | 4 - 2 | 0 (0.0%) | |
Active | Hugh Graham Cazalet ALDOUS | 01 Mar 2007 | Director | British | 1 - 9 | 3 (30.0%) | |
Resigned | Barry Malcolm DEAN | 25 Jan 2005 | 22 Sep 2020 | Director | British | 2 - 20 | 11 (50.0%) |
Resigned | Richard Lawrence, Dr HARGREAVES | 27 Jan 1998 | 17 Jun 2004 | Company Director | British | 14 - 42 | 21 (37.5%) |
Active | David Michael BROCK | 27 Jan 1998 | Director | British | 8 - 29 | 27 (73.0%) | |
Resigned | Gareth David PEARCE | 27 Jan 1998 | 17 Jun 2004 | Company Director | British | 2 - 13 | 6 (40.0%) |
Active | Nicholas Peter LEWIS | 27 Jan 1998 | Company Director | British | 28 - 79 | 48 (44.9%) | |
Resigned | Michael Edward Wilson JACKSON | 27 Jan 1998 | 11 Aug 2021 | Company Director | British | 12 - 110 | 43 (35.2%) |
Resigned | Christopher Paul KAY | 27 Jan 1998 | 17 Jun 2004 | Company Director | British | 6 - 36 | 19 (45.2%) |
Resigned | Luke Oliver JOHNSON | 27 Jan 1998 | 16 Oct 2007 | Company Director | British | 18 - 86 | 34 (32.7%) |
Resigned | Michael Lionel HARRIS | 26 Aug 1997 | 27 Jan 1998 | Solicitor | British | 3 - 42 | 22 (48.9%) |
Resigned | Keith LASSMAN | 26 Aug 1997 | 27 Jan 1998 | Solicitor | British | 6 - 46 | 30 (57.7%) |
Average tenure of active directors: 14.5 years
Average tenure of resigned directors: 8.6 years
Average active director Dissolution Rate: 29.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date |
---|---|---|
2011-08-26 | ||
DAVID MICHAEL BROCK | ORDINARY | 100,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
MOLTEN VENTURES VCT PLC
Controlled companies below
- 25-50%:FORDS PACKAGING TOPCO LIMITED (08807801 - 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 |
---|---|---|---|---|
MOLTEN VENTURES VCT PLC | 0.9% | 3.6% | 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 | 0.5% | 1.8% | 3.9% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |
VALUATION (BETA)
Valuation ratios as at 2022-02-28
Market Cap GBP | Enterprise Value GBP | PE | EV/Revenue | EV/EBITDA | |
---|---|---|---|---|---|
MOLTEN VENTURES VCT PLC | 0 | ||||
Closed End Investments ( 245 companies) |
136,503,850,000 | 136,542,373,870 | 11.8 (median) |
6.6 (median) |
0.7 (median) |