foresight ventures vct plc
foresight ventures vct plc Company Information
Company Number
03150868
Next Accounts
Sep 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of investment trusts
Registered Address
st magnus house 6th floor, 3 lower thames street, london, EC3R 6HD
Website
www.downing.co.ukforesight ventures vct plc Estimated Valuation
Pomanda estimates the enterprise value of FORESIGHT VENTURES VCT PLC at £1.1m based on a Turnover of £906k and 1.26x industry multiple (adjusted for size and gross margin).
foresight ventures vct plc Estimated Valuation
Pomanda estimates the enterprise value of FORESIGHT VENTURES VCT PLC at £0 based on an EBITDA of £-1.9m and a 4.97x industry multiple (adjusted for size and gross margin).
foresight ventures vct plc Estimated Valuation
Pomanda estimates the enterprise value of FORESIGHT VENTURES VCT PLC at £97.3m based on Net Assets of £81.9m and 1.19x industry multiple (adjusted for liquidity).
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Foresight Ventures Vct Plc Overview
Foresight Ventures Vct Plc is a live company located in london, EC3R 6HD with a Companies House number of 03150868. It operates in the activities of investment trusts sector, SIC Code 64301. Founded in January 1996, it's largest shareholder is undisclosed with a 100% stake. Foresight Ventures Vct Plc is a mature, small sized company, Pomanda has estimated its turnover at £906k with declining growth in recent years.
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Foresight Ventures Vct Plc Health Check
Pomanda's financial health check has awarded Foresight Ventures Vct Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £906k, make it smaller than the average company (£5.5m)
£906k - Foresight Ventures Vct Plc
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (9.9%)
-12% - Foresight Ventures Vct Plc
9.9% - Industry AVG
Production
with a gross margin of 63.7%, this company has a comparable cost of product (63.7%)
63.7% - Foresight Ventures Vct Plc
63.7% - Industry AVG
Profitability
an operating margin of -210% make it less profitable than the average company (37.6%)
-210% - Foresight Ventures Vct Plc
37.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Foresight Ventures Vct Plc
7 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has a lower pay structure (£53.4k)
£38.7k - Foresight Ventures Vct Plc
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £302k, this is more efficient (£205.1k)
£302k - Foresight Ventures Vct Plc
£205.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Foresight Ventures Vct Plc
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (36 days)
4 days - Foresight Ventures Vct Plc
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Foresight Ventures Vct Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 648 weeks, this is more cash available to meet short term requirements (71 weeks)
648 weeks - Foresight Ventures Vct Plc
71 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.7%, this is a lower level of debt than the average (5.9%)
0.7% - Foresight Ventures Vct Plc
5.9% - Industry AVG
FORESIGHT VENTURES VCT PLC financials
Foresight Ventures Vct Plc's latest turnover from March 2024 is £906 thousand and the company has net assets of £81.9 million. According to their latest financial statements, Foresight Ventures Vct Plc has 3 employees and maintains cash reserves of £7.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 906,000 | 3,031,000 | 4,584,000 | 1,333,000 | 2,118,000 | 4,593,000 | 3,858,000 | 1,736,000 | 2,790,000 | 2,659,000 | 1,158,000 | 329,000 | 360,000 | 340,000 | 139,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -1,303,000 | 1,420,000 | 2,828,000 | -384,000 | -1,852,000 | 2,886,000 | 2,336,000 | 209,000 | 1,106,000 | 1,268,000 | 372,000 | 27,000 | 49,000 | 3,865,000 | 677,000 |
| Tax | -228,000 | -300,000 | -232,000 | -252,000 | -238,000 | -221,000 | -227,000 | -213,000 | -87,000 | ||||||
| Profit After Tax | -1,303,000 | 1,192,000 | 2,528,000 | -616,000 | -1,852,000 | 2,634,000 | 2,098,000 | -12,000 | 879,000 | 1,055,000 | 285,000 | 27,000 | 49,000 | 3,865,000 | 677,000 |
| Dividends Paid | 3,573,000 | 5,855,000 | 4,455,000 | 1,039,000 | 886,000 | 1,341,000 | 1,137,000 | 754,000 | 840,000 | 763,000 | 1,989,000 | 991,000 | 1,011,000 | 1,065,000 | 230,000 |
| Retained Profit | -4,876,000 | -4,663,000 | -1,927,000 | -1,655,000 | -2,738,000 | 1,293,000 | 961,000 | -766,000 | 39,000 | 292,000 | -1,704,000 | -964,000 | -962,000 | 2,800,000 | 447,000 |
| Employee Costs | 116,000 | 118,000 | 108,000 | 112,000 | 117,000 | 109,000 | 114,000 | 115,000 | 127,000 | 124,000 | 88,000 | 50,000 | 50,000 | 58,000 | 52,000 |
| Number Of Employees | 3 | 5 | 5 | 4 | 3 | 3 | 8 | 4 | 4 | 4 | 4 | 5 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 67,393,000 | 71,227,000 | 85,954,000 | 89,157,000 | 63,590,000 | 84,483,000 | 81,588,000 | 86,397,000 | 65,445,000 | 69,195,000 | 67,723,000 | 13,960,000 | 13,844,000 | 19,136,000 | 4,317,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 67,393,000 | 71,227,000 | 85,954,000 | 89,157,000 | 63,590,000 | 84,483,000 | 81,588,000 | 86,397,000 | 65,445,000 | 69,195,000 | 67,723,000 | 13,960,000 | 13,844,000 | 19,136,000 | 4,317,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 102,000 | 775,000 | |||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 7,570,000 | 6,828,000 | 3,300,000 | 2,001,000 | 1,944,000 | 3,228,000 | 1,574,000 | 448,000 | 292,000 | 592,000 | 407,000 | 111,000 | 172,000 | 159,000 | 219,000 |
| Cash | 7,559,000 | 15,282,000 | 20,856,000 | 10,738,000 | 23,471,000 | 17,222,000 | 35,456,000 | 5,523,000 | 26,713,000 | 10,857,000 | 7,983,000 | 123,000 | 1,284,000 | 199,000 | 425,000 |
| misc current assets | |||||||||||||||
| total current assets | 15,129,000 | 22,110,000 | 24,156,000 | 12,739,000 | 25,415,000 | 20,450,000 | 37,030,000 | 5,971,000 | 27,005,000 | 11,449,000 | 8,492,000 | 234,000 | 2,231,000 | 358,000 | 644,000 |
| total assets | 82,522,000 | 93,337,000 | 110,110,000 | 101,896,000 | 89,005,000 | 104,933,000 | 118,618,000 | 92,368,000 | 92,450,000 | 80,644,000 | 76,215,000 | 14,194,000 | 16,075,000 | 19,494,000 | 4,961,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,000 | 18,000 | 1,000 | 441,000 | 39,000 | ||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 602,000 | 1,336,000 | 637,000 | 543,000 | 263,000 | 383,000 | 711,000 | 498,000 | 342,000 | 726,000 | 1,197,000 | 150,000 | 263,000 | 333,000 | 101,000 |
| total current liabilities | 606,000 | 1,354,000 | 637,000 | 543,000 | 263,000 | 383,000 | 711,000 | 498,000 | 342,000 | 727,000 | 1,638,000 | 189,000 | 263,000 | 333,000 | 101,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 606,000 | 1,354,000 | 637,000 | 543,000 | 263,000 | 383,000 | 711,000 | 498,000 | 342,000 | 727,000 | 1,638,000 | 189,000 | 263,000 | 333,000 | 101,000 |
| net assets | 81,916,000 | 91,983,000 | 109,473,000 | 101,353,000 | 88,742,000 | 104,550,000 | 117,907,000 | 91,870,000 | 92,108,000 | 79,917,000 | 74,577,000 | 14,005,000 | 15,812,000 | 19,161,000 | 4,860,000 |
| total shareholders funds | 81,916,000 | 91,983,000 | 109,473,000 | 101,353,000 | 88,742,000 | 104,550,000 | 117,907,000 | 91,870,000 | 92,108,000 | 79,917,000 | 74,577,000 | 14,005,000 | 15,812,000 | 19,161,000 | 4,860,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -228,000 | -300,000 | -232,000 | -252,000 | -238,000 | -221,000 | -227,000 | -213,000 | -87,000 | ||||||
| Stock | |||||||||||||||
| Debtors | 742,000 | 3,528,000 | 1,299,000 | 57,000 | -1,284,000 | 1,654,000 | 1,126,000 | 156,000 | -300,000 | 83,000 | 398,000 | -836,000 | 788,000 | -60,000 | 219,000 |
| Creditors | -14,000 | 18,000 | -1,000 | -440,000 | 402,000 | 39,000 | |||||||||
| Accruals and Deferred Income | -734,000 | 699,000 | 94,000 | 280,000 | -120,000 | -328,000 | 213,000 | 156,000 | -384,000 | -471,000 | 1,047,000 | -113,000 | -70,000 | 232,000 | 101,000 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -10,627,000 | -18,214,000 | 5,992,000 | 40,000 | 3,915,000 | 531,000 | 2,744,000 | 1,046,000 | 453,000 | ||||||
| Change in Investments | -3,834,000 | -14,727,000 | -3,203,000 | 25,567,000 | -20,893,000 | 2,895,000 | -4,809,000 | 20,952,000 | -3,750,000 | 1,472,000 | 53,763,000 | 116,000 | -5,292,000 | 14,819,000 | 4,317,000 |
| cash flow from investments | 3,834,000 | 14,727,000 | 3,203,000 | -25,567,000 | 20,893,000 | -2,895,000 | -5,818,000 | -39,166,000 | 9,742,000 | -1,432,000 | -49,848,000 | 415,000 | 8,036,000 | -13,773,000 | -3,864,000 |
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -5,191,000 | -12,827,000 | 10,047,000 | 14,266,000 | -13,070,000 | -14,650,000 | 25,076,000 | 528,000 | 12,152,000 | 5,048,000 | 62,276,000 | -843,000 | -2,387,000 | 11,501,000 | 4,413,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -7,723,000 | -5,574,000 | 10,118,000 | -12,733,000 | 6,249,000 | -18,234,000 | 29,933,000 | -21,190,000 | 15,856,000 | 2,874,000 | 7,860,000 | -1,161,000 | 1,085,000 | -226,000 | 425,000 |
| overdraft | |||||||||||||||
| change in cash | -7,723,000 | -5,574,000 | 10,118,000 | -12,733,000 | 6,249,000 | -18,234,000 | 29,933,000 | -21,190,000 | 15,856,000 | 2,874,000 | 7,860,000 | -1,161,000 | 1,085,000 | -226,000 | 425,000 |
foresight ventures vct plc Credit Report and Business Information
Foresight Ventures Vct Plc Competitor Analysis
Perform a competitor analysis for foresight ventures vct plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3R area or any other competitors across 12 key performance metrics.
foresight ventures vct plc Ownership
FORESIGHT VENTURES VCT PLC group structure
Foresight Ventures Vct Plc has 3 subsidiary companies.
Ultimate parent company
FORESIGHT VENTURES VCT PLC
03150868
3 subsidiaries
foresight ventures vct plc directors
Foresight Ventures Vct Plc currently has 4 directors. The longest serving directors include Mr Barry Dean (Nov 2013) and Mr Chris Allner (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Dean | 75 years | Nov 2013 | - | Director | |
| Mr Chris Allner | England | 65 years | Feb 2021 | - | Director |
| Mr Christopher Allner | 65 years | Feb 2021 | - | Director | |
| Mr Atul Devani | England | 58 years | Dec 2022 | - | Director |
P&L
March 2024turnover
906k
-70%
operating profit
-1.9m
0%
gross margin
63.7%
-0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
81.9m
-0.11%
total assets
82.5m
-0.12%
cash
7.6m
-0.51%
net assets
Total assets minus all liabilities
foresight ventures vct plc company details
company number
03150868
Type
Public limited with Share Capital
industry
64301 - Activities of investment trusts
incorporation date
January 1996
age
29
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
thames ventures vct 1 plc (November 2024)
downing one vct plc (September 2022)
See moreaccountant
-
auditor
BDO LLP
address
st magnus house 6th floor, 3 lower thames street, london, EC3R 6HD
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
foresight ventures vct plc Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to foresight ventures vct plc.
foresight ventures vct plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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foresight ventures vct plc Companies House Filings - See Documents
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