DOWNING TWO VCT PLC

3 FIELD COURT, LONDON, WC1R 5EF

Previous name: DOWNING PLANNED EXIT VCT 2 PLC (changed on 16-Dec-2013)
Previous name: DOWNING PROTECTED VCT II PLC (changed on 08-Dec-2009)

Company Number: 05334418
Incorporation date: 17-Jan-2005
Status: Liquidation
Entity type: Public Limited Company

SIC codes:
64301 Activities of investment trusts

SUMMARY

This company is 19.3 years old and is currently liquidation. The company has positive equity (net assets) of GBP 9.1 million which has decreased from the previous year's figure of GBP 32.9 million. The latest reported revenue figure is GBP 105 thousandRetained earnings is negative (GBP -1.3 million), 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 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-2021
Accounts Filed: FULL (31-Dec-2019)

P&L Financials:

Year end	Currency	Revenue
31-Dec-2019	GBP	105,000
31-Dec-2018	GBP
31-Dec-2017	GBP	1,217,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2019	GBP	3,569,000	3,734,000	45,000	16,000		-1,268,000	9,144,000
31-Dec-2018	GBP	4,055	5,383	448	52		349	32,860
31-Dec-2017	GBP	5,589,000	6,356,000	457,000	77,000	16,170,000	438,000	43,685,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2019	GBP	99.68%	15,948	52	16,000	-1,778,502
31-Dec-2018	GBP	-147,976.92%	-16,246,948	16,257,927	10,979	5,337,926

* 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	Grant Leslie WHITEHOUSE	19 Jan 2005	18 Apr 2024		British	22 - 85
Resigned	Andrew James David WOOLF	17 Jan 2005	19 Jan 2005	Solicitor	British	3 - 22

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Resigned	Christopher Conor MCCANN	28 Aug 2015	31 Dec 2021	Director	British	6 - 45	20 (39.2%)
Resigned	Michael John ROBINSON	30 Sep 2010	16 Dec 2013	Company Director	British	0 - 12	6 (50.0%)
Resigned	Christopher Paul KAY	19 Jan 2005	30 Sep 2010	Financier	British	6 - 36	19 (45.2%)
Resigned	Hugh Rollo GILLESPIE	19 Jan 2005	31 Dec 2021	Director	British	0 - 20	13 (65.0%)
Resigned	Dennis HALE	19 Jan 2005	31 Dec 2021	Ifa	British	0 - 10	8 (80.0%)
Resigned	Andrew James David WOOLF	17 Jan 2005	19 Jan 2005	Solicitor	British	3 - 22	11 (44.0%)
Resigned	Michael HARRIS	17 Jan 2005	19 Jan 2005	Solicitor	British	0 - 1	1 (100.0%)

No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2017-12-31	2017-07-02	2016-07-02	2015-12-31	2015-11-21
DOWNING TWO VCT PLC	A SHARES	176,660,593 100%	0 0%	0 0%	0 0%	0 0%
DOWNING TWO VCT PLC	ORDINARY B	0 0%	513,302 50%	513,302 50%	0 0%	0 0%
DOWNING TWO VCT PLC	ORDINARY B	0 0%	513,302 50%	513,302 50%	0 0%	0 0%
DOWNING TWO VCT PLC	B ORDINARY	0 0%	0 0%	0 0%	1,079,166 100%	0 0%
DOWNING TWO VCT PLC	ORDINARY 1P	0 0%	0 0%	0 0%	0 0%	2,133 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

no controlling companies

DOWNING TWO VCT PLC

Controlled companies below

25-50%:EAST DULWICH TAVERN PUB NO 1 LIMITED (09162639 - UK) active
- 25-50%:EAST DULWICH TAVERN LIMITED (07014165 - UK) ceased
25-50%:WESTOW HOUSE PUB NO 1 LIMITED (09162707 - UK) active
- 25-50%:IODINE (WESTOW) LTD (07014234 - UK) active
25-50%:APEX ENERGY LTD (09791395 - UK) ceased
- >75%:PYEBRIDGE POWER LTD (13499825 - UK) ceased
Significant influence or control:EDT PUB LIMITED (09248339 - UK) ceased
Significant influence or control:ORL PUB LIMITED (09248414 - UK) active
Significant influence or control:WESTOW PUB LIMITED (09248348 - UK) active
25-50%:WALWORTH HOUSE PUB LIMITED (10046639 - UK) active
25-50%:ATLANTIC DOGSTAR LIMITED (07014323 - UK) active
- 25-50%:GROSMONT LIMITED (07606908 - UK) ceased
- >75%:ORL PUB LIMITED (09248414 - UK) active
- >75%:WESTOW PUB LIMITED (09248348 - UK) active
25-50%:VECTIS ALPHA LIMITED (09981872 - UK) active
Significant influence or control:DOWNING PUB EIS ONE LIMITED (07105793 - UK) ceased
- >75%:PABULUM PUBS LIMITED (07988748 - UK) active
- >75%:AUGUSTA PUB COMPANY LIMITED (08379609 - UK) active
25-50%:RHODES SOLUTIONS LIMITED (10008492 - UK) active
25-50%:ANTELOPE PUB LIMITED (07064994 - UK) ceased
25-50%:GARTHCLIFF SHIPPING LTD (10756260 - UK) ceased
- >75%:GARTHCLIFF SHIPPING OPERATIONS LIMITED (11103259 - 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 Liquidation. Statistically, such companies have a VERY HIGH 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
Company status	100.0%	99.4%	99.9%	High
Other companies Active in the same sector	1.5%	6.7%	18.5%	Medium


Age	0.4%	1.7%	3.3%	Medium
Company Type	1.7%	4.0%	5.9%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium