THE NORTH AMERICAN INCOME TRUST PLC

4 NORTH ST. ANDREW STREET, EDINBURGH, EH2 1HJ

Previous name: EDINBURGH US TRACKER TRUST PLC (changed on 29-May-2012)

Company Number: SC005218
Incorporation date: 20-Nov-1902
Status: Active
Entity type: Public Limited Company

SIC codes:
64301 Activities of investment trusts

SUMMARY

This company is 122.4 years old and is currently active. The company has positive equity (net assets) of GBP 413.9 million which has increased from GBP 398.7 million in the previous year. The latest reported revenue figure is GBP 21 million which is up 10% on previous year's figure of GBP 19 million. The company has 4 active officers (directors or partners) who are or were officers of 23 other companies, 3 (13.0%) 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: 31-Jul-2025
Accounts Filed: FULL (31-Jan-2024)

P&L Financials:

Year end	Currency	Revenue	Interest Paid	Tax
31-Jan-2020	GBP	20,957,000	314,000	-2,703,000
31-Jan-2019	GBP	19,033,000	345,000
31-Jan-2018	GBP	16,137,000	280,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Jan-2020	GBP	21,898,000	23,702,000	20,554,000	7,164,000	51,806,000	20,603,000	413,948,000
31-Jan-2019	GBP	18,593,000	21,365,000	44,177,000	7,108,000	48,467,000	16,710,000	398,657,000
31-Jan-2018	GBP	19,636,000	20,256,000	35,200,000	7,108,000	48,467,000	13,813,000	391,649,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Jan-2020	GBP	0.78%	3,395,000	430,922,500	434,317,500	412,374,500

* 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	All apointments (active/resigned)
Active	HENDERSON SECRETARIAL SERVICES LIMITED	01 Aug 2024	16 Mar 2025	29 - 349
Resigned	ABERDEEN ASSET MANAGEMENT PLC	28 Mar 2008	01 Aug 2024	8 - 246
Resigned	EDINBURGH FUND MANAGERS PLC		28 Mar 2008	2 - 21

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Patrick James EDWARDSON	01 Jul 2022		Company Director	British	5 - 4	1 (11.1%)
Active	Kathryn Elizabeth LAMONT	18 Sep 2018		Chartered Accountant	British	1 - 0	0 (0.0%)
Active	Susannah Elizabeth Mckean NICKLIN	18 Sep 2018		Company Director	British	3 - 9	3 (25.0%)
Active	Charles John Roberson PARK	13 Jun 2017		Company Director	British	5 - 0	0 (0.0%)
Resigned	Susan Ilene, Lady RICE	17 Mar 2015	21 Jun 2024	Company Director	American	2 - 27	9 (31.0%)
Resigned	Guy Mervyn Archdall CRAWFORD	08 Mar 2004	18 Sep 2018	Investment Manager	British	0 - 2	0 (0.0%)
Resigned	Archibald Sinclair HUNTER	01 Sep 2003	18 Sep 2018	Chartered Accountant	British	1 - 16	4 (23.5%)
Resigned	James Gordon Dickson FERGUSON	12 Mar 2002	31 Dec 2021	Investment Manager	British	3 - 26	9 (31.0%)
Resigned	Angus Mcfarlane Mcleod, Sir GROSSART	28 Jan 1998	23 May 2007	Merchant Banker	British	3 - 57	13 (21.7%)
Resigned	William Moore WILSON	21 Dec 1993	25 Dec 2003	Chartered Accountant	British	0 - 28	15 (53.6%)
Resigned	James Duncan GOOLD	02 Feb 1990	27 Jul 1997	Chartered Accountant	British	0 - 12	0 (0.0%)
Resigned	Henry Peter HILL	30 Jun 1989	01 May 1992	Investment Manager	British	0 - 2	1 (50.0%)
Resigned	William David Mungo James, The Right Honourable EARL OF MANSFIELD		13 May 2002	Landed Proprietor	British	0 - 5	0 (0.0%)
Resigned	Lord MACFARLANE OF BEARSDEN		30 Sep 1997	Company Chairman	British	0 - 33	9 (27.3%)
Resigned	Angus Mcfarlane Mcleod, Sir GROSSART		23 May 2007	Merchant Banker	British	3 - 57	13 (21.7%)
Resigned	James Duncan GOOLD		27 Jul 1997	Chartered Accountant	British	0 - 12	0 (0.0%)

Number of active directors: 4
Average tenure of active directors: 5.9 years
Average tenure of resigned directors: 7.4 years
Average active director Dissolution Rate: 9.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Patrick James EDWARDSON	Kathryn Elizabeth LAMONT	Susannah Elizabeth Mckean NICKLIN	Charles John Roberson PARK
PANTHEON INTERNATIONAL PLC (02147984) - Active			✔
CITY OF LONDON INVESTMENT GROUP PLC (02685257) - Active			✔
CITY OF LONDON INVESTMENT MANAGEMENT COMPANY LIMITED (02851236) - Active			✔
BARONSMEAD VCT PLC (03035709) - Liquidation			✔
POLAR CAPITAL TECHNOLOGY TRUST PLC (03224867) - Active				✔
BARONSMEAD VENTURE TRUST PLC (03504214) - Active			✔
AMATI AIM VCT PLC (04138683) - Active			✔
FROG CAPITAL LIMITED (06812490) - Active			✔
CURATEUR LIMITED (08024951) - Dissolved			✔
CURATEUR CAPITAL LIMITED (08024953) - Dissolved			✔
ECOFIN GLOBAL UTILITIES AND INFRASTRUCTURE TRUST PLC (10253041) - Active			✔
EVENLODE INVESTMENT MANAGEMENT LIMITED (10378518) - Active				✔
SPRING PARK INVESTMENTS LIMITED (10716589) - Active				✔
JPMORGAN MULTI-ASSET GROWTH & INCOME PLC (11118654) - Liquidation	✔
TILLIT LIMITED (12357713) - Active	✔
GAGINGWELL PROPERTIES LIMITED (12398671) - Active				✔
ATHEIAN LIMITED (12503289) - Active	✔
SCHRODER BSC SOCIAL IMPACT TRUST PLC (12902443) - Active			✔
THE EDINBURGH INVESTMENT TRUST PUBLIC LIMITED COMPANY (SC001836) - Active	✔
THE NORTH AMERICAN INCOME TRUST PLC (SC005218) - Active	✔	✔	✔	✔
CAPABILITY SCOTLAND (SC036524) - Active	✔
BAILLIE GIFFORD & CO LIMITED (SC069524) - Active	✔
BAILLIE GIFFORD SAVINGS MANAGEMENT LIMITED (SC135636) - Active	✔
CMH HOPE LIMITED (SC632426) - Active	✔

SHAREHOLDERS (BETA)

No shareholder data available
This is a Public Limited Company therefore the list of shareholders is not publicly available.

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

no controlling companies

THE NORTH AMERICAN INCOME TRUST PLC

no controlled companies

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	C/O FRP ADVISORY TRADING LMITED SUITE 2B, 4TH FLOOR, MERIDIAN, UNION ROW, ABERDEEN, AB10 1SA	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
THE NORTH AMERICAN INCOME TRUST PLC	0.9%	3.6%	7.1%	Medium
Other companies Active in the same sector	1.5%	6.7%	18.5%	Medium


Age	0.6%	1.7%	2.7%	Medium
Company Type	1.7%	4.0%	5.9%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.2%	6.7%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium