BLACKROCK SMALLER COMPANIES TRUST PLC

EXCHANGE PLACE ONE, 1 SEMPLE STREET, EDINBURGH, EH3 8BL

Previous name: MERRILL LYNCH BRITISH SMALLER COMPANIES TRUST PLC (changed on 25-Apr-2008)
Previous name: 3I SMALLER QUOTED COMPANIES TRUST PLC (changed on 17-Feb-2005)

Company Number: SC006176
Incorporation date: 02-May-1906
Status: Active
Entity type: Public Limited Company

SIC codes:
64301 Activities of investment trusts





SUMMARY

This company is 118 years old and is currently active. The company has positive equity (net assets) of GBP 767.9 million which has increased from GBP 674.1 million in the previous year. The company has 6 active officers (directors or partners) who are or were officers of 31 other companies, 9 (29.0%) 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-Aug-2024
Accounts Filed: FULL (28-Feb-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
29-Feb-2020 GBP 547,000 58,000 17,837,000
28-Feb-2019 GBP 586,000 63,000 16,123,000
28-Feb-2018 GBP 630,000 14,125,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
29-Feb-2020 GBP 39,250,000 43,075,000 7,668,000 79,550,000 12,498,000 51,980,000 24,901,000 767,873,000
28-Feb-2019 GBP 11,719,000 14,098,000 4,961,000 42,198,000 12,498,000 38,952,000 23,935,000 674,089,000
28-Feb-2018 GBP 13,792,000 12,420,000 74,670,000 12,498,000 38,952,000 21,219,000 721,442,000

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 BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED 29 Sep 2006 28 Mar 2024 8 - 20
Resigned BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED 20 Dec 2004 29 Sep 2006 8 - 20
Resigned 3I PLC 11 Dec 1995 20 Dec 2004 2 - 4
Resigned MARTIN CURRIE INVESTMENT MANAGEMENT LTD 11 Dec 1995 0 - 11

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Dunke AFE 01 Jan 2024 Director British 2 - 00 (0.0%)
Active Helen Rachelle SINCLAIR 01 Mar 2022 Non Executive Director British 7 - 189 (36.0%)
Active Timothy James Kentish BARNES 31 Jul 2021 Director British 1 - 00 (0.0%)
Active Mark Jonathan LITTLE 01 Oct 2020 Director British 4 - 21 (16.7%)
Active Ronald Jay GOULD 01 Apr 2019 Non-Executive Director British 1 - 00 (0.0%)
Active Susan PLATTS-MARTIN 21 Apr 2016 Director English 2 - 00 (0.0%)
Resigned Michael William PEACOCK 01 Jul 2012 11 Jun 2021 Accountant British 0 - 51 (20.0%)
Resigned Caroline Mary BURTON 27 Jul 2011 09 Jun 2022 Non-Executive Director British 0 - 5825 (43.1%)
Resigned Robert Sinclair ROBERTSON 23 Apr 2008 05 Nov 2020 Director British 5 - 478 (15.4%)
Resigned Nicholas Rodney Lowther FRY 25 Jan 2005 04 Jun 2019 Company Director British 0 - 124 (33.3%)
Resigned Gillian NOTT 25 Jan 2005 09 Jun 2016 Company Director British 3 - 288 (25.8%)
Resigned John DAVIES 25 Jan 1999 27 Jul 2011 Company Director British 1 - 52 (33.3%)
Resigned Robert Garson FFOULKES-JONES 15 Apr 1998 08 Jun 2007 Company Director British 0 - 163 (18.8%)
Resigned Paul Christopher Ronald WATES 15 Apr 1998 03 Jun 2004 Company Director British 2 - 4618 (37.5%)
Resigned Richard David BREWSTER 15 Apr 1998 27 Jun 2012 Company Director British 2 - 155 (29.4%)
Resigned Kenneth Howard COATES 11 Dec 1995 04 Apr 1998 Company Director British 0 - 152 (13.3%)
Resigned Nicholas Benedick Sparrowe COLCHESTER 11 Dec 1995 25 Sep 1996 Editorial Director British 0 - 61 (16.7%)
Resigned James Keith Ross FALCONER 01 Apr 1992 05 Jun 2003 Investment Director British 0 - 216 (28.6%)
Resigned William John Romaine GOVETT 22 Apr 1991 02 Jun 2005 Director British 1 - 3511 (30.6%)
Resigned James Alexander Reid FALCONER 24 Jul 1991 Chartered Accountant British 0 - 31 (33.3%)
Resigned Philip Beverley MACKENZIE ROSS 31 Dec 1995 Chartered Accountant British 0 - 62 (33.3%)
Resigned Christopher Stephen, Sir WATES 08 Jun 1998 Building Director British 4 - 647 (10.3%)
Resigned John Barry Bingham STEWART 31 Dec 1995 Chartered Accountant British 0 - 103 (30.0%)
Resigned Lawrence Victor Dolman TINDALE 06 Jun 1994 Chartered Accountant British 0 - 133 (23.1%)
Number of active directors: 6
Average tenure of active directors: 3.6 years
Average tenure of resigned directors: 7.1 years
Average active director Dissolution Rate: 8.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BAILLIE GIFFORD CHINA GROWTH TRUST PLC (00091798) - Active
MAJEDIE INVESTMENTS PLC (00109305) - Active
SHIRES INCOME PLC (00386561) - Active
W H IRELAND LIMITED (02002044) - Active
MPE PARTNERS LIMITED (02128556) - Liquidation
ABRDN EQUITY INCOME TRUST PLC (02648152) - Active
CT UK CAPITAL AND INCOME INVESTMENT TRUST PLC (02732011) - Active
BRITISH SMALLER COMPANIES VCT PLC (03134749) - Active
THAMES VENTURES VCT 1 PLC (03150868) - Active
MATRIX GROUP LIMITED (03309770) - Liquidation
MOBEUS INCOME & GROWTH 4 VCT PLC (03707697) - Active
ROCKWOOD STRATEGIC PLC (03813450) - Active
W.H. IRELAND GROUP PLC (03870190) - Active
MATRIX PRIVATE EQUITY LIMITED (03942337) - Dissolved
OUTERWEAR (2000) LIMITED (03981238) - Dissolved
THE INCOME & GROWTH VCT PLC (04069483) - Active
16 DENNINGTON PARK ROAD LIMITED (04124230) - Active
SIGNATURE BRANDS GROUP LIMITED (04438763) - Dissolved
MATRIX ENTERPRISE FUND NOMINEES LIMITED (04535815) - Dissolved
CONNECTION CAPITAL FUND MANAGERS LIMITED (04966087) - Liquidation
DOWNING INCOME VCT 4 PLC (05223838) - Dissolved
OCTOPUS ECLIPSE VCT 3 PLC (05487724) - Dissolved
39 HOMER STREET MANAGEMENT LIMITED (06104347) - Active
NORTH EAST FINANCE (HOLDCO) LIMITED (07000577) - Active
NORTH EAST FINANCE (SUBCO) LIMITED (07039229) - Active
OFT 2 LIMITED (07261777) - Active
HEMSTALL ROAD RESIDENTS CO LIMITED (07680155) - Active
SANDITON INVESTMENT TRUST PLC (09040176) - Liquidation
FTGS HOLDCO LIMITED (10183868) - Active
BLACKROCK SMALLER COMPANIES TRUST PLC (SC006176) - Active
STS GLOBAL INCOME & GROWTH TRUST PLC (SC283272) - Active
FULLARTON ML LIMITED (SC486188) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

BLACKROCK SMALLER COMPANIES 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 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
BLACKROCK SMALLER COMPANIES 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 0.5% 2.1% 5.6% 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
BLACKROCK SMALLER COMPANIES TRUST PLC 627,530,000
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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