ABRDN SMALLER COMPANIES INCOME TRUST PLC

FRP ADVISORY TRADING LIMITED, SUITE 2B, JOHNSTONE HOUSE, ABERDEEN, AB10 1UD

Previous name: ABERDEEN SMALLER COMPANIES INCOME TRUST PLC (changed on 07-Jan-2022)
Previous name: ABDERDEEN SMALLER COMPANIES INCOME TRUST PLC (changed on 22-Apr-2016)
Previous name: ABERDEEN SMALLER COMPANIES HIGH INCOME TRUST PLC (changed on 22-Apr-2016)

Company Number: SC137448
Incorporation date: 30-Mar-1992
Status: Liquidation
Entity type: Public Limited Company

SIC codes:
64301 Activities of investment trusts





SUMMARY

This company is 32 years old and is currently liquidation. The company has positive equity (net assets) of GBP 82.7 million which has decreased from the previous year's figure of GBP 82.7 million. The latest reported revenue figure is GBP 2.8 million which is similar to the previous year's figure of GBP 2.8 million. . 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-2024
Accounts Filed: FULL (30-Sep-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
12-Mar-2020 GBP 2,754,000 61,000 -10,000
31-Dec-2019 GBP 2,754,000 61,000 -10,000
08-May-2019 GBP 2,604,000 56,000 -11,000
05-Mar-2018 GBP 50,000 -14,000
31-Dec-2017 GBP 50,000 -14,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
12-Mar-2020 GBP 780,000 1,074,000 2,235,000 11,055,000 11,892,000 82,660,000
31-Dec-2019 GBP 780,000 1,074,000 2,235,000 11,055,000 11,892,000 3,595,000 82,660,000
08-May-2019 GBP 3,071,000 3,414,000 2,222,000 11,055,000 11,892,000 3,114,000 63,052,000
05-Mar-2018 GBP 582,000 912,000 7,164,000 11,055,000 11,892,000 75,421,000
31-Dec-2017 GBP 582,000 912,000 7,164,000 11,055,000 11,892,000 2,709,000 75,421,000

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)
Resigned ABERDEEN ASSET MANAGEMENT PLC 22 Feb 2008 02 Dec 2023 1 - 3
Resigned GLASGOW INVESTMENT MANAGERS LTD 13 Jul 1992 22 Feb 2008 0 - 7

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Rosalyn Antonia BREEDY 05 Jan 2022 02 Dec 2023 Solicitor British 4 - 298 (24.2%)
Resigned Christopher METCALFE 07 Jun 2021 02 Dec 2023 Director British 2 - 11 (33.3%)
Resigned Dagmar Kent KERSHAW 02 May 2017 02 Dec 2023 Non Executive Director British 1 - 33 (75.0%)
Resigned David Faviell FLETCHER 01 Aug 2016 02 Dec 2023 Director British 0 - 11 (100.0%)
Resigned Charles Robert LISTER 01 Mar 2012 05 May 2022 Director British 3 - 72 (20.0%)
Resigned Barry Michael ROSE 01 Mar 2011 07 Jun 2021 None British 0 - 144 (28.6%)
Resigned Carolan DOBSON 14 Sep 2004 28 Apr 2017 Director British 5 - 207 (28.0%)
Resigned Michael Warren BALFOUR 14 Nov 2003 12 Aug 2004 Company Director Scottish 4 - 209 (37.5%)
Resigned James Glynn WEST 02 Apr 2002 05 Sep 2016 Director/Chartered Accountant British 4 - 3916 (37.2%)
Resigned Dinah Alison NICHOLS 19 Apr 1999 18 Apr 2012 Director/Crown Estate Commisio British 1 - 162 (11.8%)
Resigned Alexander John Rennie IZAT 15 May 1997 21 Mar 2003 Farmer British 0 - 1910 (52.6%)
Resigned Henry Strachan CATHCART 10 Apr 1995 13 Apr 2011 Banker British 1 - 116 (50.0%)
Resigned Christopher James Folke ARNANDER 13 Jul 1992 21 Mar 2003 Director British 0 - 113 (27.3%)
Resigned John STUBBS 13 Jul 1992 26 Jul 2003 Investment Manager British 0 - 1610 (62.5%)
Resigned Bernard Vere HENDERSON 13 Jul 1992 18 Mar 1999 Chairman British 0 - 131 (7.7%)
Resigned Michael Scott HARDIE 13 Jul 1992 21 Mar 1997 Retired British 1 - 87 (77.8%)
Resigned VINDEX SERVICES LIMITED 30 Mar 1992 13 Jul 1992 0 - 562258 (45.9%)
Resigned MACLAY MURRAY & SPENS LLP 30 Mar 1992 13 Jul 1992 15 - 1316610 (45.8%)
Resigned VINDEX LIMITED 30 Mar 1992 13 Jul 1992 0 - 610270 (44.3%)
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)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

ABRDN SMALLER COMPANIES 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 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 0.3% 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 0.7% 4.4% 10.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium

VALUATION (BETA)




Valuation ratios as at 2023-11-30


Market Cap GBP Enterprise Value GBP PE EV/Revenue EV/EBITDA
ABRDN SMALLER COMPANIES INCOME TRUST PLC 3.7
Closed End Investments
( 211 companies)
114,868,260,000 114,892,790,520 10.8
(median)
8.9
(median)
0.8
(median)
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