MOLTEN VENTURES VCT PLC

THE OFFICE SUITE, DEN HOUSE, DEN PROMENADE, TEIGNMOUTH, TQ14 8SY

Previous 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-2024
Accounts 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
* 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 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 - 10 (0.0%)
Active John Richard MARSH 11 Aug 2021 Director British 4 - 20 (0.0%)
Active Hugh Graham Cazalet ALDOUS 01 Mar 2007 Director British 1 - 93 (30.0%)
Resigned Barry Malcolm DEAN 25 Jan 2005 22 Sep 2020 Director British 2 - 2011 (50.0%)
Resigned Richard Lawrence, Dr HARGREAVES 27 Jan 1998 17 Jun 2004 Company Director British 14 - 4221 (37.5%)
Active David Michael BROCK 27 Jan 1998 Director British 8 - 2927 (73.0%)
Resigned Gareth David PEARCE 27 Jan 1998 17 Jun 2004 Company Director British 2 - 136 (40.0%)
Active Nicholas Peter LEWIS 27 Jan 1998 Company Director British 28 - 7948 (44.9%)
Resigned Michael Edward Wilson JACKSON 27 Jan 1998 11 Aug 2021 Company Director British 12 - 11043 (35.2%)
Resigned Christopher Paul KAY 27 Jan 1998 17 Jun 2004 Company Director British 6 - 3619 (45.2%)
Resigned Luke Oliver JOHNSON 27 Jan 1998 16 Oct 2007 Company Director British 18 - 8634 (32.7%)
Resigned Michael Lionel HARRIS 26 Aug 1997 27 Jan 1998 Solicitor British 3 - 4222 (48.9%)
Resigned Keith LASSMAN 26 Aug 1997 27 Jan 1998 Solicitor British 6 - 4630 (57.7%)
Number of active directors: 5
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

Name
 
JPMORGAN JAPANESE INVESTMENT TRUST PLC (00223583) - Active
SCHREIBER FURNITURE LIMITED (00351545) - Liquidation
00799154 LIMITED (00799154) - Active
GRANT THORNTON BUSINESS SERVICES (01224178) - Active
MFI PROPERTIES LIMITED (01410500) - Dissolved
PHASE EIGHT (FASHION & DESIGNS) LIMITED (01735454) - Active
ELDERSTREET INVESTMENTS LIMITED (01825358) - Active
DOWNING MANAGEMENT SERVICES LIMITED (01961683) - Dissolved
DOWNING CORPORATE FINANCE LIMITED (02053006) - Active
HOWDEN JOINERY GROUP PLC (02128710) - Active
SCHRODER ASIAN TOTAL RETURN INVESTMENT COMPANY PLC (02153093) - Active
PROPERTY PORTFOLIO (NO 17) LIMITED (02287644) - In Administration/Administrative Receive
HIT ENTERTAINMENT LIMITED (02341947) - Active
MOFFAT COMMUNICATIONS LIMITED (02355810) - Dissolved
BLACKSTAR GROUP PLC (02396996) - Converted / Closed
COMBINED LIMITED (02678840) - Dissolved
DOWNING ASSET MANAGEMENT LIMITED (02730941) - Dissolved
PARADIGM COMMERCIAL LIMITED (02779163) - Active
BEST LOANS LIMITED (02792011) - Dissolved
SUPPORTHAVEN LIMITED (02792466) - Dissolved
ROBSON SALUSTRO MCGLADREY LIMITED (02797637) - Dissolved
PEAKSIDE PROPERTIES LIMITED (02870123) - Active
EBURY CORPORATE SERVICES LIMITED (02878733) - Active
GREEN STAR MEDIA LTD (03008779) - Active
PATSY SEDDON LIMITED (03092483) - Active
DOWNING INCOME VCT 3 PLC (03137729) - Dissolved
ELDERSTREET MILLENNIUM VENTURE CAPITAL TRUST PLC (03150865) - Dissolved
ECS GLOBAL GROUP LTD (03200863) - Active
STYLE HOLDINGS (03302972) - Dissolved
DOWNING ABSOLUTE INCOME VCT 1 PLC (03307917) - Dissolved
HORSEFERRY ASSOCIATES LIMITED (03324409) - Active - Proposal to Strike off
MOLTEN VENTURES VCT PLC (03424984) - Active
KIMBOLTON LODGE LIMITED (03427293) - Active
N.W.B. DEVELOPMENTS LIMITED (03453842) - Dissolved
NW (BLAKES) LIMITED (03480593) - Active
DOWNING HARNHAM CROFT NURSING HOME LIMITED (03511629) - Dissolved
MYSA CARE (TALL OAKS) LIMITED (03563622) - Active
MYSA CARE (THE CHESTNUTS) LIMITED (03591586) - Active
WEBB GLOBAL LIMITED (03641660) - Dissolved
NU NU NURSERIES LIMITED (03696252) - Dissolved
RISING MEADOWS LIMITED (03735646) - Dissolved
PROTOCOL ASSOCIATES LIMITED (03875274) - Active
PROVEN VCT PLC (03911323) - Active
TENSIM GROUP LIMITED (04031342) - Dissolved
IESO DIGITAL HEALTH LIMITED (04063351) - Active
CHRYSALIS VCT PLC (04095791) - Liquidation
PENNINE DOWNING AIM VCT 2 PLC (04109922) - Dissolved
PROVEN GROWTH AND INCOME VCT PLC (04125326) - Active
NU NU LIMITED (04228930) - Active
POLAR CAPITAL HOLDINGS PLC. (04235369) - Active
CC HOLDCO 2 LIMITED (04236944) - Dissolved
JANE NORMAN (HOLDINGS) LIMITED (04574513) - Dissolved
BENCH LIMITED (04787106) - In Administration
HEYFORD HOMES (MILTON KEYNES) LIMITED (04858165) - Active - Proposal to Strike off
DOWNING MANAGERS 1 LIMITED (04870096) - Dissolved
PENNINE AIM VCT 5 PLC (05101409) - Dissolved
INHOCO 4055 LIMITED (05122229) - Dissolved
CANNOCK RESIDENTIAL LIMITED (05194560) - Active
HARGREAVE HALE AIM VCT PLC (05206425) - Active
PUMA VCT PLC (05279077) - Dissolved
INHOCO 4071 LIMITED (05298644) - Dissolved
EBURY CONTRACTING LIMITED (05304652) - Dissolved
PUMA VCT II PLC (05317329) - Dissolved
DOWNING MANAGERS 2 LIMITED (05330621) - Dissolved
DOWNING MANAGERS 3 LIMITED (05330622) - Dissolved
EBURY CONTRACTING (SOUTH EAST) LIMITED (05396140) - Dissolved
MYSA CARE (BLUE CEDARS) LIMITED (05427445) - Active
HEYFORD HOMES (THORNTON HALL) LIMITED (05460845) - Active
JN GROUP LIMITED (05495911) - Dissolved
SMART EDUCATION LIMITED (05497433) - Active
CHAPEL CONTRACTORS LIMITED (05513732) - Dissolved
AMERICANA INTERNATIONAL GROUP LIMITED (05551901) - Dissolved
PENNINE AIM VCT 6 PLC (05571442) - Dissolved
PUMA VCT IV PLC (05594948) - Dissolved
PUMA VCT III PLC (05594989) - Dissolved
LUDORUM PLC (05595899) - Liquidation
DOWNING MANAGERS 5 LIMITED (05642264) - Dissolved
DOWNING MANAGERS 4 LIMITED (05642291) - Dissolved
HONEYCOMBE PUBS VCT LIMITED (05720277) - Dissolved
HEYFORD CONTRACTING (NORTH) LIMITED (05770160) - Active
HEYFORD CONTRACTING (SOUTH) LIMITED (05770188) - Dissolved
WARWICK CONTRACTING LIMITED (05770259) - Dissolved
MYSA CARE (THE CHESTNUTS HOLDCO) LIMITED (05771225) - Active
COAST CONSTRUCTORS LIMITED (05909774) - Dissolved
AMERICANA INTERNATIONAL HOLDINGS LIMITED (05984627) - Liquidation
CYMBAL CONTRACTING LIMITED (06005349) - Dissolved
DOWNING PLANNED EXIT VCT 7 PLC (06043248) - Liquidation
DOWNING PLANNED EXIT VCT 6 PLC (06043249) - Liquidation
DOWNING MANAGERS 7 LIMITED (06044084) - Dissolved
DOWNING MANAGERS 6 LIMITED (06044163) - Dissolved
PHASE EIGHT HOLDCO LIMITED (06053944) - Dissolved
PHASE EIGHT BIDCO LIMITED (06054361) - Dissolved
PHASE EIGHT EBT TRUSTEE COMPANY LIMITED (06055618) - Dissolved
FUTURE FILMS PRODUCTION SERVICES LIMITED (06220973) - Active
LIONGOLD CONTRACTING LIMITED (06331843) - Dissolved
ELDERSTREET HOLDINGS LIMITED (06365059) - Active
DOWNING MANAGERS 9 LIMITED (06370382) - Dissolved
DOWNING MANAGERS 8 LIMITED (06370386) - Dissolved
DOWNING PLANNED EXIT VCT 8 PLC (06372899) - Dissolved
DOWNING PLANNED EXIT VCT 9 PLC (06372969) - Dissolved
UNIVERSE CONTRACTING LIMITED (06623756) - Dissolved
MYSA CARE AND SUPPORT LIMITED (06623824) - Active
DOWNING ABSOLUTE INCOME VCT 2 PLC (07059435) - Dissolved
MOOR HOUSE HOTEL LIVERPOOL LIMITED (07105716) - Active
FENKLE STREET HOTEL LIMITED (07127597) - Active
CUMBERLAND HOUSE HOTEL BIRMINGHAM LIMITED (07134579) - Active
LONDON LUTON HOTEL 2010 LIMITED (07153685) - Active
SNOW HILL HOTEL LIMITED (07585038) - Active
SPORTPURSUIT LIMITED (07599287) - Active
PUMA VCT 8 PLC (07696739) - Liquidation
WEST BAR HOTEL LIMITED (07719558) - Active
TOOTING TRAM AND SOCIAL LIMITED (07880504) - Active
GINGERBREAD NURSERIES 3 LTD (07880525) - Dissolved
GINGERBREAD NURSERIES 2 LTD (07880530) - Dissolved
GINGERBREAD NURSERIES 4 LTD (07883155) - Dissolved
MYSA CARE (JASMINE HOUSE) LIMITED (07934301) - Active
OPEN DATA INSTITUTE (08030289) - Active
DALIAN HOUSE HOTEL LIMITED (08087436) - Dissolved
BARON HOUSE HOTEL LIMITED (08087602) - Active
HONEST BREW LTD (08276744) - In Administration
ST CHAD'S (BIRMINGHAM) HOLDINGS LIMITED (08641772) - Active
ST CHAD'S (BIRMINGHAM) HOTEL LIMITED (08641865) - Active
DOWNING MEMBERS LIMITED (08858166) - Active
LEESON LIMITED (09624930) - Active
PLUTUS ABRA FINANCIAL LIMITED (10488623) - Active
CUMBERLAND HOUSE PROPERTIES LIMITED (10637217) - Active
BROAD STREET COMMERCIAL LIMITED (10640393) - Active
BROAD STREET UNIT B LIMITED (10642636) - Active
BROAD STREET UNIT A LIMITED (10642804) - Active
PRIMROSE GROUP LIMITED (11329874) - Active
THE DOWNING FOUNDATION (12337962) - Active
BROAD STREET TAVERNS LIMITED (13349701) - Dissolved
IMMORTALIT.AI LIMITED (14874519) - Active
PARK REGIS BIRMINGHAM LLP (OC370268) - In Administration/Administrative Receive
OSSIAN RETAIL GROUP LIMITED (SC304408) - Dissolved
LOCHRISE LIMITED (SC403247) - Active
FUBAR STIRLING LIMITED (SC416425) - Active
CHEERS DUMBARTON LIMITED (SC416427) - Active
CITY EDINBURGH LIMITED (SC416428) - Active
CITY FALKIRK LIMITED (SC416429) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2011-08-26
DAVID MICHAEL BROCKORDINARY100,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

MOLTEN VENTURES VCT PLC

Controlled companies below

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)
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