BARONSMEAD SECOND VENTURE TRUST PLC

5 NEW STREET SQUARE, LONDON, EC4A 3TW

Previous name: BARONSMEAD VCT 3 PLC (changed on 14-Mar-2016)

Company Number: 04115341
Incorporation date: 22-Nov-2000
Status: Active
Entity type: Public Limited Company

SIC codes:
64301 Activities of investment trusts





SUMMARY

This company is 23.4 years old and is currently active. The company has positive equity (net assets) of GBP 182.3 million which has increased from GBP 175.4 million in the previous year. The latest reported revenue figure is GBP 4 million which is up 20% on previous year's figure of GBP 3.3 million. The company has 4 active officers (directors or partners) who are or were officers of 41 other companies, 12 (29.3%) 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-Mar-2025
Accounts Filed: FULL (30-Sep-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Sep-2020 GBP 4,008,000 275,000 1,981,000
30-Sep-2019 GBP 3,258,000 41,000 1,443,000
03-Mar-2019 GBP 1,328,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Sep-2020 GBP 3,108,000 3,679,000 1,294,000 27,146,000 46,775,000 2,216,000 182,317,000
30-Sep-2019 GBP 10,992,000 11,398,000 2,126,000 24,802,000 31,191,000 1,575,000 175,376,000
03-Mar-2019 GBP 2,055,000 1,321,000 24,802,000 31,191,000 572,000 184,443,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Sep-2020 GBP 8.63% 17,928,000 189,697,208 207,625,208 191,611,208
* 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 GRESHAM HOUSE ASSET MANAGEMENT LIMITED 30 Nov 2018 29 Mar 2024 7 - 0
Resigned LIVINGBRIDGE VC LLP 01 Jun 2014 30 Nov 2018 0 - 5
Resigned ISIS EP LLP 19 Apr 2010 01 Jun 2014 0 - 1
Resigned Barry LAWSON 09 Dec 2009 19 Apr 2010 0 - 1
Resigned Paul Martin FORSTER 15 Apr 2008 14 Dec 2009 0 - 74
Resigned FRIENDS IVORY & SIME PLC 09 Jan 2001 15 Apr 2008 11 - 140
Resigned Simon Andrew ROWSON 22 Nov 2000 09 Jan 2001 0 - 3

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Graham John MCDONALD 16 Feb 2021 Non-Executive Director British 2 - 238 (32.0%)
Active Timothy Bahram Neville FARAZMAND 01 May 2020 Director British 6 - 104 (25.0%)
Active Sarah Katinka FROMSON 01 Oct 2019 Director British 4 - 31 (14.3%)
Resigned John DAVIES 30 Nov 2016 27 Feb 2020 Retired Investment Manager British 1 - 52 (33.3%)
Resigned Robert Richardson OWEN 11 Mar 2016 13 Oct 2016 Director British 0 - 72 (28.6%)
Active Malcolm GROAT 11 Mar 2016 Director British 1 - 11 (50.0%)
Resigned Ian Jackson ORROCK 21 Oct 2010 01 May 2020 None British 3 - 4025 (58.1%)
Resigned John Anthony Victor TOWNSEND 04 Aug 2009 16 Feb 2021 Investment Banker British 1 - 4113 (31.0%)
Resigned Andrew Lumsdaine KARNEY 09 Jan 2001 11 Mar 2016 Director British 1 - 134 (28.6%)
Resigned Markham CANNON BROOKES 09 Jan 2001 18 May 2010 Director British 0 - 122 (16.7%)
Resigned Gillian NOTT 09 Jan 2001 11 Mar 2016 Director British 3 - 288 (25.8%)
Resigned Robert Richardson OWEN 09 Jan 2001 28 Sep 2010 Director British 0 - 72 (28.6%)
Resigned Annabelle SFEIR 22 Nov 2000 09 Jan 2001 Solicitor British 0 - 53 (60.0%)
Resigned THE COMPANY REGISTRATION AGENTS LIMITED 22 Nov 2000 22 Nov 2000 1 - 998473 (47.3%)
Resigned Andrew Scott MITCHELL 22 Nov 2000 09 Jan 2001 Solicitor British 0 - 1812 (66.7%)
Resigned LUCIENE JAMES LIMITED 22 Nov 2000 22 Nov 2000 0 - 1066490 (46.0%)
Resigned LUCIENE JAMES LIMITED 22 Nov 2000 22 Nov 2000 0 - 1066490 (46.0%)
Number of active directors: 4
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: 5.7 years
Average active director Dissolution Rate: 30.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
THE BRITISH PRIVATE EQUITY AND VENTURE CAPITAL ASSOCIATION (01697461) - Active
TEMPLEDGE LIMITED (02067298) - Liquidation
SUK RETAIL LIMITED (02430955) - In Administration
THE ETHICAL PROPERTY COMPANY PLC (02961327) - Active
ABERDEEN PRIVATE EQUITY ADVISERS LIMITED (03368611) - Liquidation
BARONSMEAD SECOND VENTURE TRUST PLC (04115341) - Active
QUILTER INVESTORS LIMITED (04227837) - Active
BARONSMEAD VCT 4 PLC (04313537) - Liquidation
FAIRFAX CLASSICAL PROPERTIES LIMITED (04919669) - Active
VTL REALISATIONS 2023 LIMITED (05365085) - In Administration
WESTMINSTER GROWTH CAPITAL LIMITED (05589570) - Active
ABERDEEN PRIVATE EQUITY MANAGERS LIMITED (05981098) - Liquidation
PIP INFRASTRUCTURE INVESTMENTS (SOUTHMEAD) LIMITED (06399511) - Active
ABERDEEN ISAF NOMINEE LIMITED (06571254) - Dissolved
CLEARLY SO LIMITED (06686965) - Liquidation
JPMORGAN GLOBAL EMERGING MARKETS INCOME TRUST PLC (07273382) - Active
JEWISH COMMUNITY ACADEMY TRUST (07643890) - Active
THE LAKES DISTILLERY COMPANY PLC (07769363) - Active
JUNO NEWCO LIMITED (08249914) - Dissolved
NEW WORLD TRADING COMPANY (UK) HOLDINGS LIMITED (08413570) - Active
A COLLECTED MAN LIMITED (08929257) - Active
GENOME RESEARCH PENSIONS TRUSTEE LIMITED (09186099) - Active
WELLCOME TRUST PENSIONS TRUSTEE LIMITED (09186107) - Active
VEDRA PARTNERS LIMITED (09798466) - Active
PROJECT DAHL TOPCO LIMITED (11465416) - Active
PCB CORPORATE FINANCE LIMITED (12575046) - Active
TITAN PARTNERS LTD (15122775) - Active
WAVERLEY HEALTHCARE PRIVATE EQUITY LIMITED (SC238099) - Active - Proposal to Strike off
WAVERLEY GENERAL PRIVATE EQUITY LIMITED (SC238100) - Liquidation
UBERIOR FUND INVESTMENTS LIMITED (SC272465) - Active
UBERIOR CO-INVESTMENTS LIMITED (SC286372) - Liquidation
BOS EDINBURGH NO 1 LIMITED (SC311330) - Active
UBERIOR ENERGY INVESTMENTS LIMITED (SC314241) - Dissolved
PIP INFRASTRUCTURE MANAGERS LIMITED (SC327270) - Active
ABRDN ALTERNATIVE HOLDINGS LIMITED (SC336918) - Active
ABERDEEN INFRASTRUCTURE FEEDER GP LIMITED (SC336919) - Active
ABERDEEN EUROPEAN INFRASTRUCTURE CARRY GP LIMITED (SC390150) - Active
ABERDEEN EUROPEAN INFRASTRUCTURE CARRY LIMITED (SC390152) - Active
ABERDEEN GENERAL PARTNER 1 LIMITED (SC430252) - Active
ABERDEEN GENERAL PARTNER 2 LIMITED (SC437873) - Active
CONTINULUS LIMITED (SC572899) - Active
GAFK ASSOCIATES LIMITED (SC737217) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2020-06-062020-01-052019-10-142019-07-102019-01-05
BARONSMEAD SECOND VENTURE TRUST PLCB ORDINARY12,919,449
76.6%
7,468,841
78.3%
0
0%
21,511,782
92.1%
7,468,841
78.3%
BARONSMEAD SECOND VENTURE TRUST PLCA ORDINARY3,535,078
21.0%
2,065,500
21.7%
0
0%
1,838,249
7.87%
2,065,500
21.7%
BARONSMEAD SECOND VENTURE TRUST PLCC ORDINARY411,400
2.44%
0
0%
0
0%
0
0%
0
0%
BARONSMEAD SECOND VENTURE TRUST PLCA2 ORDINARY0
0%
0
0%
4,910
100%
0
0%
0
0%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

BARONSMEAD SECOND VENTURE TRUST 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
BARONSMEAD SECOND VENTURE TRUST PLC 1.0% 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 0.7% 4.4% 10.6% 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
BARONSMEAD SECOND VENTURE TRUST PLC 201,360,000 25.6
Closed End Investments
( 209 companies)
118,782,930,000 118,858,825,720 11.0
(median)
10.6
(median)
0.7
(median)
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