ASIA DRAGON TRUST PLC

1 GEORGE STREET, EDINBURGH, EH2 2LL

Previous name: EDINBURGH DRAGON TRUST PLC (changed on 30-Oct-2019)

Company Number: SC106049
Incorporation date: 12-Aug-1987
Status: Active
Entity type: Public Limited Company

SIC codes:
64301 Activities of investment trusts





SUMMARY

This company is 36.7 years old and is currently active. The company has positive equity (net assets) of GBP 599.4 million which has increased from GBP 589.7 million in the previous year. The latest reported revenue figure is GBP 13.2 million which is down -10% on the previous year. The company has 8 active officers (directors or partners) who are or were officers of 59 other companies, 15 (25.4%) 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: 28-Feb-2025
Accounts Filed: FULL (31-Aug-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Aug-2020 GBP 13,240,000 548,000 -1,167,000
31-Aug-2019 GBP 14,244,000 466,000
31-Aug-2018 GBP 18,299,000 1,137,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Aug-2020 GBP 11,390,000 10,666,000 26,049,000 31,922,000 60,416,000 37,580,000 599,431,000
31-Aug-2019 GBP 10,170,000 11,988,000 7,332,000 26,777,000 31,922,000 60,416,000 37,271,000 589,708,000
31-Aug-2018 GBP 8,775,000 10,960,000 28,698,000 43,061,000 60,416,000 37,288,000 788,019,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Aug-2019 GBP -34.89% -11,139,000 43,061,000 31,922,000 41,407,500
* 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 Occupation Nationality All apointments
(active/resigned)
Active Abrdn HOLDINGS LIMITED 28 Nov 2022 28 Mar 2024 1 - 0
Resigned BERDEEN ASSET MANAGERS LIMITED 17 Sep 2009 28 Nov 2022 0 - 1
Resigned EDINBURGH FUND MANAGERS PLC 17 Sep 2009 2 - 21

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Nicole Shuk Kam YUEN 08 Nov 2023 Company Director Hong Konger 1 - 00 (0.0%)
Active John Donald Black WORKMAN 08 Nov 2023 Company Director British 1 - 00 (0.0%)
Active Stephen Alec SOUCHON 08 Nov 2023 Company Director British 3 - 2211 (44.0%)
Active Matthew Frederick DOBBS 01 Feb 2022 Director British 6 - 40 (0.0%)
Active Susan Sternglass NOBLE 07 Aug 2020 Non Executive Director American,British 4 - 10 (0.0%)
Active Susan Gaynor COLEY 03 Jul 2019 Director British 7 - 218 (28.6%)
Active James Robert WILL 01 Oct 2018 Director British 1 - 21 (33.3%)
Active Charles Michael Thomas RICKETTS 19 Apr 2016 Company Director British 1 - 10 (0.0%)
Resigned Kathryn Louise LANGRIDGE 29 Oct 2012 15 Dec 2021 Non Executive Director British 1 - 70 (0.0%)
Resigned Peter Martin MAYNARD 12 Oct 2011 10 Dec 2020 Non Executive Director British 0 - 92 (22.2%)
Resigned Iain Archibald MCLAREN 06 Sep 2010 30 Apr 2020 Chartered Accountant British 2 - 153 (17.6%)
Resigned Allan Macleod MCKENZIE 01 Sep 2006 03 Jul 2019 Chief Operating Officer British 0 - 63 (50.0%)
Resigned Anthony Carmel LOWRIE 04 Oct 2004 15 Dec 2015 Investment Banker British 5 - 70 (0.0%)
Resigned David Wylie GAIRNS 01 Jul 2003 17 Dec 2013 Retired British 0 - 20 (0.0%)
Resigned Adam Richard FLEMING 25 Jun 2001 30 Apr 2004 Company Director British 2 - 175 (26.3%)
Resigned Frank Riddell FRAME 22 Feb 1994 07 Dec 2011 Director British 0 - 142 (14.3%)
Resigned Ian Hamish MACDONALD 30 Mar 1990 18 Nov 1992 Company Director British 0 - 92 (22.2%)
Resigned Peter Robert TYRIE 05 Jul 1989 08 Dec 2010 Hotel Executive British 0 - 52 (40.0%)
Resigned Ian Hamish MACDONALD 18 Nov 1992 Company Director British 0 - 92 (22.2%)
Resigned Iain Alasdair WATT 11 Dec 2012 Managing Director British 0 - 115 (45.5%)
Resigned Anthony Francis CASSIDY 09 Dec 2009 Public Servant British 1 - 84 (44.4%)
Resigned Hugh Campbell, Sir BYATT 24 Mar 1998 Retired Diplomat British 0 - 10 (0.0%)
Number of active directors: 8
Average tenure of active directors: 3.1 years
Average tenure of resigned directors: 7.7 years
Average active director Dissolution Rate: 13.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
JPMORGAN GLOBAL GROWTH & INCOME PLC (00024299) - Active
SCHRODER PENSION TRUSTEE LIMITED (00243018) - Active
GINGERBREAD, THE CHARITY FOR SINGLE PARENT FAMILIES (00402748) - Active
LOWLAND INVESTMENT COMPANY P L C (00670489) - Active
CLARENCE COURT EGGS LIMITED (01019356) - Active
MORGAN STANLEY UK GROUP (01281415) - Active
47 LINDEN GARDENS (MANAGEMENT) LIMITED (01390950) - Active
CABOT 2 LIMITED (01403810) - Dissolved
CABOT 1 LIMITED (01708846) - Dissolved
UNITY TRUST BANK PLC (01713124) - Active
TONBRIDGE SERVICES LIMITED (01774458) - Active
PEP RESEARCH AND CONSULTANCY LIMITED (01857326) - Dissolved
SCHRODER INVESTMENT MANAGEMENT LIMITED (01893220) - Active
MORGAN STANLEY PROPERTY MANAGEMENT (UK) LIMITED (02194933) - Dissolved
MORGAN STANLEY GROUP (EUROPE) (02216149) - Active
SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA LIMITED (02334190) - Active
UPTC LIMITED (02347378) - Dissolved
ABRDN NEW DAWN INVESTMENT TRUST PLC (02377879) - Liquidation
ARRALLAS BARNS MANAGEMENT COMPANY LIMITED (02403944) - Active
SMBC NIKKO CAPITAL MARKETS LIMITED (02418137) - Active
FARMHOUSE FREEDOM EGGS LIMITED (02494234) - Liquidation
MS LEASING UK LIMITED (02605715) - Dissolved
TD BANK EUROPE LIMITED (02734652) - Active
TRETHEW KENT LTD. (02767669) - Dissolved
RBG KEW ENTERPRISES LIMITED (02798886) - Active
MORGAN STANLEY FINANCE LIMITED (02825611) - Dissolved
MORGAN STANLEY SERVICES (UK) LIMITED (02861185) - Active
APPLIED RISC TECHNOLOGIES LIMITED (03112602) - Dissolved
AF TRUST COMPANY (03266231) - Liquidation
EDEN PROJECT LIMITED (03278093) - Active
MSDW INVESTMENT HOLDINGS (UK) LIMITED (03763786) - Liquidation
MORGAN STANLEY UK CAPITAL LIMITED (03769004) - Dissolved
EDEN PROJECT (OA) LIMITED (03799050) - Active
MORGAN STANLEY STRATEGIC FUNDING LIMITED (03859017) - Active
EDEN TRADING LIMITED (03898618) - Active
EUROPEAN OPPORTUNITIES TRUST PLC (04056870) - Active
SIBLING TRADING LTD (04664532) - Active
TONBRIDGE SCHOOL (04787097) - Active
MORGAN STANLEY CAPITAL HOLDINGS (04833947) - Active
SLIGHTLY FOXED LIMITED (04881382) - Active
HOW 2 (CORNWALL) LIMITED (04977990) - Active
ATLANTIC BROADCASTING LIMITED (04992498) - Active
MORGAN STANLEY EMPLOYMENT SERVICES UK LIMITED (05065987) - Active
LINK AGE SOUTHWARK (05189161) - Active
MORGAN STANLEY INVESTMENTS (UK) (06737611) - Active
CABOT 38 LIMITED (06893765) - Active
EDEN PROJECT CAMPAIGNS LIMITED (07202115) - Active
CORNWALL AND ISLES OF SCILLY LOCAL ENTERPRISE PARTNERSHIP LIMITED (07471437) - Active
THE ROAD TO HAPPINESS LIMITED (08062234) - Active
THE US-UK FULBRIGHT COMMISSION (08900668) - Active
THE FULBRIGHT FOUNDATION (TRUSTEE) LIMITED (09155112) - Active
SECURED INCOME FUND PLC (09682883) - Active
THE WAVE GROUP LIMITED (10586504) - Active
GLOBAL DIVERSIFIED INFRASTRUCTURE PLC (11100077) - Active
COLEY HILL DEVELOPMENTS LTD (11421147) - Active
KOREA-EUROPE FUND LIMITED(THE) (FC013995) - Active
MORGAN STANLEY FINANCE (C.I.) LIMITED (FC023566) - Active
MSDWIH LIMITED (FC028601) - Converted / Closed
S.I.T. SAVINGS LIMITED (SC091859) - Liquidation
ASIA DRAGON TRUST PLC (SC106049) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

ASIA DRAGON 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
ASIA DRAGON 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 1.1% 4.7% 11.8% 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
ASIA DRAGON TRUST PLC 570,130,000 26.8
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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