BUSINESS GROWTH FUND LIMITED

13-15 YORK BUILDINGS, LONDON, WC2N 6JU

Company Number: 07514847
Incorporation date: 02-Feb-2011
Status: Active
Entity type: Private Limited Company

SIC codes:
64303 Activities of venture and development capital companies





SUMMARY

This company is 13.2 years old and is currently active. It is controlled by Bgf Group Plc. The company has positive equity (net assets) of GBP 917 thousand which has decreased from the previous year's figure of GBP 1.2 million. The latest reported revenue figure is GBP 5.9 thousand which is down -90% on the previous year. Retained earnings is negative (GBP -240.2 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 2 active officers (directors or partners) who are or were officers of 20 other companies, 3 (15.0%) 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-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 5,880 -50,914 295 -46,014
31-Dec-2018 GBP 77,102 267 -50,658
31-Dec-2017 GBP 63,127 115 105,323


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 116,817 559,276 1,157,129 -240,158 916,971
31-Dec-2018 GBP 65,987 88,164 339,593 1,157,129 20,522 1,177,725
31-Dec-2017 GBP 71,812 51,605 110,352 1,157,129 71,180 1,228,373

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active David Robert MURRAY 12 May 2011 28 Mar 2024 British 1 - 0
Resigned Stephen OWEN 02 Feb 2011 12 May 2011 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Andrew Nicholas GREGORY 03 Nov 2022 Director British 16 - 00 (0.0%)
Resigned Scott Mcfarlane THOMSON 23 May 2017 23 May 2017 Director British 0 - 30 (0.0%)
Resigned Alan Robert DOUGLAS 23 May 2017 23 May 2017 Director British 0 - 60 (0.0%)
Resigned Kevin Charles WALL 26 Jan 2017 23 May 2017 Banker British 2 - 20 (0.0%)
Resigned Diana Georgina NOBLE 14 Jul 2016 23 May 2017 Non-Executive Director British 2 - 80 (0.0%)
Resigned Alice Mary Cleoniki AVIS 14 Apr 2016 23 May 2017 Non-Executive Director British 6 - 30 (0.0%)
Resigned Adrian Patrick WHITE 20 Jan 2016 23 May 2017 Banker British 1 - 10880 (73.4%)
Active Matthew Robert REED 22 Oct 2013 Finance Director Australian 8 - 64 (28.6%)
Resigned Alan Jeffrey TURNER 21 Mar 2013 06 Dec 2016 Banker British 0 - 10 (0.0%)
Resigned William Richard HOLMES 01 Nov 2012 14 Jul 2016 Banker British 3 - 52 (25.0%)
Resigned Karen Margaret BOTHWELL 19 Jun 2012 20 Jan 2016 Banker British 0 - 16779 (47.3%)
Resigned Audrey Caroline BAXTER 27 Sep 2011 30 Sep 2016 Non-Executive Director British 0 - 10 (0.0%)
Resigned Neil Anthony JOHNSON 27 Sep 2011 23 May 2017 Non-Executive Director British 1 - 374 (10.5%)
Resigned John Downing BURGESS 27 Sep 2011 16 Oct 2015 Non-Executive Director British 5 - 188 (34.8%)
Resigned Stephen Thomas MURPHY 27 Sep 2011 23 May 2017 Non-Executive Director British 2 - 3710 (25.6%)
Resigned Stephen Frank WELTON 12 May 2011 31 Dec 2022 Private Equity Manager British 1 - 30 (0.0%)
Resigned Anthony Nigel Russell, Sir RUDD 12 May 2011 23 May 2017 Company Director British 0 - 10 (0.0%)
Resigned Timothy Giles Sunderland HINTON 10 Feb 2011 18 Sep 2012 Banker British 3 - 21 (20.0%)
Resigned John Gerrard WATSON 10 Feb 2011 19 Jun 2012 Banker British 5 - 73 (25.0%)
Resigned Timothy John Donald BOAG 10 Feb 2011 23 May 2017 Banker British 0 - 5431 (57.4%)
Resigned James Laurence CHEW 02 Feb 2011 23 May 2017 Banker British 2 - 10 (0.0%)
Resigned John KELTING 02 Feb 2011 21 Mar 2013 Banker British 0 - 10 (0.0%)
Number of active directors: 2
Average tenure of active directors: 5.9 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 14.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
DATUM PROTECT LTD (06991271) - Dissolved
COMPARE MARKETING LTD (06999394) - Dissolved
DATUM VENTURES LTD (07125041) - Dissolved
GAYZING LTD (07474574) - Dissolved
BUSINESS GROWTH FUND LIMITED (07514847) - Active
BGF SERVICES LTD (07620510) - Active
BGF NOMINEES LIMITED (10007355) - Active
BGF INVESTMENT MANAGEMENT LIMITED (10608481) - Active
BGF IRELAND NOMINEES LIMITED (10657185) - Active
BGF IRELAND GP LIMITED (10657192) - Active
BGF GP LIMITED (10657217) - Active
BGF GROUP PLC (10657226) - Active
KRM22 PLC (11231735) - Active
BGF LIFE SCIENCES 1 GP LIMITED (12616795) - Active
BGF UK ENTERPRISE FUND 1 GP LIMITED (12837188) - Active
BGF UK ENTERPRISE FUND 1 NOMINEES LIMITED (12892127) - Active
BGF SMALLER COMPANIES IMPACT FUND LIMITED (13833699) - Active
BGF UKEF 2 GP LIMITED (13995639) - Active
BGF UKEF 2 NOMINEES LIMITED (13995643) - Active
BGF CO-INVEST NOMINEES LIMITED (15156897) - Active
BGF CO-INVEST GP LIMITED (15157065) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-02-022018-02-022017-02-022016-02-022015-02-02
BGF GROUP PLCORDINARY1,157,129,000
100%
0
0%
0
0%
0
0%
0
0%
BGF GROUP LIMITEDORDINARY0
0%
1,157,129,000
100%
0
0%
0
0%
0
0%
HSBC (BGF) INVESTMENTS LIMITEDORDINARY0
0%
0
0%
263,282,250
24.3%
181,282,250
24.0%
127,782,250
23.6%
RBS SME INVESTMENTS LIMITEDORDINARY0
0%
0
0%
263,282,250
24.3%
181,282,250
24.0%
127,782,250
23.6%
UBERIOR INVESTMENTS LIMITEDORDINARY0
0%
0
0%
263,282,250
24.3%
181,282,250
24.0%
127,782,250
23.6%
BARCLAYS FUNDS INVESTMENTS LIMITEDORDINARY0
0%
0
0%
263,282,250
24.3%
181,282,250
24.0%
127,782,250
23.6%
STANDARD CHARTERED BANKORDINARY0
0%
0
0%
30,000,000
2.77%
30,000,000
3.97%
30,000,000
5.54%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

BUSINESS GROWTH FUND LIMITED

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: 64303 Activities of venture and development capital companies)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
IK INVESTMENT PARTNERS LIMITED 80 STRAND, LONDON, ENGLAND, WC2R 0DT 02763049 2017-12-31 63,830,449 16,095,258
COMMITTED CAPITAL FINANCIAL SERVICES LIMITED 148-150 BUCKINGHAM PALACE ROAD, LONDON, ENGLAND, SW1W 9TR 03810820 2017-06-30 669,165 0 66300-Fund management activities
CONDUIT VENTURES GENERAL PARTNER II LIMITED 3RD FLOOR, 12 GOUGH SQUARE, LONDON, ENGLAND, EC4A 3DW 06028941 2017-12-31 440,931 0
CONDUIT VENTURES LIMITED 3RD FLOOR, 12 GOUGH SQUARE, LONDON, ENGLAND, EC4A 3DW 04293385 2017-12-31 440,931 0
CONDUIT VENTURES (GENERAL PARTNER) LIMITED 3RD FLOOR, 12 GOUGH SQUARE, LONDON, ENGLAND, EC4A 3DW 04577544 2017-12-31 424,954 0
EEP ADVISERS LIMITED CITY POINT, 1 ROPEMAKER STREET, LONDON, EC2Y 9HT 03628367 2017-12-31 295,000 0
ADT CAPITAL LTD 33 ST. JAMES'S STREET, C/O ARLINGTON CAPITAL, 4TH FLOOR, LONDON, ENGLAND, SW1A 1HD 08632356 2018-07-31 204,945 0
SPRINGHILL MANAGEMENT LIMITED 12 CHANTRY QUARRY, GUILDFORD, ENGLAND, GU1 3AF 04344472 2018-12-31 72,179 0
ZENRON CAPITAL LTD 7 WHITECHAPEL ROAD, OFFICE 410, LONDON, ENGLAND, E1 1DU 08440118 2018-03-31 66,135 0 70221-Financial management
70229-Management consultancy activities other than financial management
3DI GROUP LTD 17 SHALLOCH PARK, AYR, SCOTLAND, KA7 4HL SC400945 2018-06-30 32,020 0
BIG BEN VENTURE PARTNERS LTD. 58 GUIBAL ROAD, LONDON, ENGLAND, SE12 9LZ 10397249 2018-09-30 26,229 0 64999-Financial intermediation not elsewhere classified
ANGELS NOMINEES LIMITED IVY COTTAGE FARM, LYNDHURST ROAD MINSTEAD, LYNDHURST, HAMPSHIRE, SO43 7FY 04198772 2018-04-30 17,068 0
CHORLTON CAPITAL LIMITED THE GEORGIAN HOUSE, NIZELS LANE, HILDENBOROUGH, KENT, TN11 8NU 04486244 2018-06-30 14,800 0
NEWFLEX INVESTMENTS LIMITED 7 BELL YARD, LONDON, ENGLAND, UNITED KINGDOM, WC2A 2JR 08791193 2016-11-30 14,215 0
ELIXIUM SOCIAL MARKETING LTD 15 EDWARDS WAY, MARPLE, STOCKPORT, UNITED KINGDOM, SK6 7PX 09529313 2019-04-30 11,470 0
MARTTILA LIMITED 69 GREAT HAMPTON STREET, BIRMINGHAM, B18 6EW 05945153 2018-12-31 10,720 0 70229-Management consultancy activities other than financial management
74909-Other professional, scientific and technical activities not elsewhere classified
DECACORN CAPITAL LIMITED 18 PANORAMIC, 152 GROSVENOR ROAD, LONDON, SW1V 3JL 09737195 2018-08-31 3,600 0
WOODBURY CAPITAL LIMITED 20 GREAT SOUTHSEA STREET, GREAT SOUTHSEA STREET, SOUTHSEA, HAMPSHIRE, ENGLAND, PO5 3BY 08818767 2017-12-31 2,843 0
FOUNDATION CAPITAL LIMITED 114 BANKSIDE LOFTS, 65 HOPTON STREET, LONDON, ENGLAND, SE1 9JL 04879694 2018-08-31 0 0
ALVARIUM RE LIMITED LEVEL 5 NOVA NORTH, 11 BRESSENDEN PLACE, LONDON, ENGLAND, SW1E 5BY 06931299 0000-00-00 0 0
AUGUST EQUITY MANAGEMENT LIMITED 10 SLINGSBY PLACE, ST. MARTIN'S COURTYARD, LONDON, WC2E 9AB 04261261 0000-00-00 0 0
AUGUST EQUITY PARTNERS IV GP LIMITED 10 SLINGSBY PLACE, LONDON, UNITED KINGDOM, WC2E 9AB 10033090 0000-00-00 0 0
BGF NOMINEES LIMITED 13-15 YORK BUILDINGS, LONDON, ENGLAND, WC2N 6JU 10007355 0000-00-00 0 0
BRIDGES FUND MANAGEMENT LIMITED 38 SEYMOUR STREET, LONDON, UNITED KINGDOM, W1H 7BP 10401079 0000-00-00 0 0
BUSINESS GROWTH FUND LIMITED 13-15 YORK BUILDINGS, LONDON, ENGLAND, WC2N 6JU 07514847 0000-00-00 0 0
DRAPER ESPRIT PLC 20 GARRICK STREET, LONDON, ENGLAND, WC2E 9BT 09799594 0000-00-00 0 0
ENTERPRISE VENTURES GROUP LIMITED UNIT F26 PRESTON TECHNOLOGY, MANAGEMENT CENTRE, MARSH LANE PRESTON, LANCASHIRE, PR1 8UQ 04161494 0000-00-00 0 0
ENTERPRISE VENTURES LIMITED PRESTON TECHNOLOGY MANAGEMENT, CENTRE MARSH LANE, PRESTON, LANCASHIRE, PR1 8UQ 03249066 0000-00-00 0 0
MANAGEMENT OPPORTUNITIES LIMITED 50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, SCOTLAND, EH3 9WJ SC118578 0000-00-00 0 0
MERCIA ASSET MANAGEMENT PLC FORWARD HOUSE, 17 HIGH STREET, HENLEY IN ARDEN, WARWICKSHIRE, B95 5AA 09223445 0000-00-00 0 0
NORTHEDGE CAPITAL NOMINEE LIMITED 13TH FLOOR, NUMBER ONE SPINNINGFIELDS 1 HARDMAN SQUARE, SPINNINGFIELDS, MANCHESTER, ENGLAND, M3 3EB 10213372 0000-00-00 0 0
SEP EEF GENERAL PARTNER LIMITED 17 BLYTHSWOOD SQUARE, GLASGOW, LANARKSHIRE, G2 4AD SC412355 0000-00-00 0 0
SEP VENTURES LIMITED 17 BLYTHSWOOD SQUARE, GLASGOW, LANARKSHIRE, G2 4AD SC189451 0000-00-00 0 0
TARGET TOPCO LIMITED TARGET HOUSE, COWBRIDGE ROAD EAST, CARDIFF, S GLAMORGAN, CF11 9AU 07956530 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
BUSINESS GROWTH FUND LIMITED 1.0% 3.7% 7.4% Medium
Other companies Active in the same sector 1.6% 5.7% 11.5% Medium
Expanded sample1.0%3.6%4.6%Low
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% 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
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