proven vct plc
proven vct plc Company Information
Company Number
03911323
Next Accounts
Aug 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of investment trusts
Registered Address
charter house 55 drury lane, london, WC2B 5SQ
Website
http://proven.co.ukproven vct plc Estimated Valuation
Pomanda estimates the enterprise value of PROVEN VCT PLC at £3.8m based on a Turnover of £2.8m and 1.33x industry multiple (adjusted for size and gross margin).
proven vct plc Estimated Valuation
Pomanda estimates the enterprise value of PROVEN VCT PLC at £1.8m based on an EBITDA of £340.8k and a 5.23x industry multiple (adjusted for size and gross margin).
proven vct plc Estimated Valuation
Pomanda estimates the enterprise value of PROVEN VCT PLC at £199.5m based on Net Assets of £167.9m and 1.19x industry multiple (adjusted for liquidity).
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Proven Vct Plc Overview
Proven Vct Plc is a live company located in london, WC2B 5SQ with a Companies House number of 03911323. It operates in the activities of investment trusts sector, SIC Code 64301. Founded in January 2000, it's largest shareholder is undisclosed with a 100% stake. Proven Vct Plc is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with rapid growth in recent years.
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Proven Vct Plc Health Check
Pomanda's financial health check has awarded Proven Vct Plc a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£5.3m)
£2.8m - Proven Vct Plc
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 378%, show it is growing at a faster rate (9.2%)
378% - Proven Vct Plc
9.2% - Industry AVG
Production
with a gross margin of 64.5%, this company has a comparable cost of product (64.5%)
64.5% - Proven Vct Plc
64.5% - Industry AVG
Profitability
an operating margin of 12% make it less profitable than the average company (29%)
12% - Proven Vct Plc
29% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Proven Vct Plc
6 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has a lower pay structure (£47.7k)
£34.8k - Proven Vct Plc
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £708.5k, this is more efficient (£199.5k)
£708.5k - Proven Vct Plc
£199.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Proven Vct Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Proven Vct Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Proven Vct Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (78 weeks)
7 weeks - Proven Vct Plc
78 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% - Proven Vct Plc
5.9% - Industry AVG
PROVEN VCT PLC financials
Proven Vct Plc's latest turnover from February 2024 is £2.8 million and the company has net assets of £167.9 million. According to their latest financial statements, Proven Vct Plc has 4 employees and maintains cash reserves of £184 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Aug 2018 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,834,000 | 405,000 | 199,000 | 26,000 | 597,000 | 405,000 | 183,000 | 324,000 | 949,000 | 1,103,000 | 1,027,000 | 1,022,000 | 1,554,000 | 844,000 | 831,000 | 266,000 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Interest Payable | ||||||||||||||||
| Interest Receivable | ||||||||||||||||
| Pre-Tax Profit | 1,176,000 | -1,068,000 | -1,278,000 | -1,277,000 | -501,000 | -660,000 | 11,953,000 | 2,940,000 | 25,000 | 364,000 | 360,000 | 277,000 | 948,000 | 379,000 | 418,000 | -591,000 |
| Tax | ||||||||||||||||
| Profit After Tax | 1,176,000 | -1,068,000 | -1,278,000 | -1,277,000 | -501,000 | -660,000 | 11,953,000 | 2,940,000 | 25,000 | 364,000 | 360,000 | 277,000 | 948,000 | 379,000 | 418,000 | -591,000 |
| Dividends Paid | 9,037,000 | 12,971,000 | 5,953,000 | 6,787,000 | 28,055,000 | 2,181,000 | 2,108,000 | 295,000 | 328,000 | 270,000 | 3,440,000 | 2,036,000 | ||||
| Retained Profit | -7,861,000 | -14,039,000 | -1,278,000 | -7,230,000 | -7,288,000 | -28,715,000 | 9,772,000 | 832,000 | -270,000 | 36,000 | 90,000 | 277,000 | 948,000 | -3,061,000 | -1,618,000 | -591,000 |
| Employee Costs | 139,000 | 136,000 | 135,000 | 125,000 | 125,000 | 134,000 | 117,000 | 115,000 | 95,000 | 90,000 | 76,000 | 76,000 | 77,000 | 77,000 | ||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Aug 2018 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||||
| Intangible Assets | ||||||||||||||||
| Investments & Other | 121,670,000 | 115,218,000 | 124,836,000 | 90,095,000 | 67,626,000 | 71,133,000 | 70,040,000 | 66,283,000 | 72,216,000 | 61,500,000 | 43,624,000 | 26,906,000 | 31,103,000 | 25,556,000 | 21,490,000 | 16,657,000 |
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 121,670,000 | 115,218,000 | 124,836,000 | 90,095,000 | 67,626,000 | 71,133,000 | 70,040,000 | 66,283,000 | 72,216,000 | 61,500,000 | 43,624,000 | 26,906,000 | 31,103,000 | 25,556,000 | 21,490,000 | 16,657,000 |
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 4,734,000 | 676,000 | ||||||||||||||
| Group Debtors | ||||||||||||||||
| Misc Debtors | 2,863,000 | 740,000 | 576,000 | 304,000 | 2,355,000 | 1,478,000 | 592,000 | 440,000 | 280,000 | 2,591,000 | 283,000 | 242,000 | 288,000 | 41,000 | ||
| Cash | 184,000 | 46,565,000 | 23,497,000 | 37,014,000 | 36,310,000 | 19,897,000 | 41,953,000 | 34,252,000 | 33,210,000 | 27,755,000 | 19,787,000 | 27,174,000 | 16,777,000 | 5,942,000 | 3,814,000 | 4,324,000 |
| misc current assets | 44,458,000 | 6,200,000 | 9,200,000 | 10,200,000 | ||||||||||||
| total current assets | 47,505,000 | 47,305,000 | 24,073,000 | 37,318,000 | 38,665,000 | 21,375,000 | 46,687,000 | 34,928,000 | 33,802,000 | 28,195,000 | 20,067,000 | 29,765,000 | 17,060,000 | 12,384,000 | 13,302,000 | 14,565,000 |
| total assets | 169,175,000 | 162,523,000 | 148,909,000 | 127,413,000 | 106,291,000 | 92,508,000 | 116,727,000 | 101,211,000 | 106,018,000 | 89,695,000 | 63,691,000 | 56,671,000 | 48,163,000 | 37,940,000 | 34,792,000 | 31,222,000 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 6,417,000 | 1,565,000 | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | 948,000 | |||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 1,250,000 | 783,000 | 1,325,000 | 433,000 | 932,000 | 6,172,000 | 1,279,000 | 3,163,000 | 635,000 | 597,000 | 356,000 | 1,506,000 | 826,000 | 1,252,000 | ||
| total current liabilities | 1,250,000 | 783,000 | 1,325,000 | 433,000 | 932,000 | 6,172,000 | 6,417,000 | 1,565,000 | 1,279,000 | 3,163,000 | 635,000 | 597,000 | 356,000 | 1,506,000 | 826,000 | 2,200,000 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | ||||||||||||||||
| total long term liabilities | ||||||||||||||||
| total liabilities | 1,250,000 | 783,000 | 1,325,000 | 433,000 | 932,000 | 6,172,000 | 6,417,000 | 1,565,000 | 1,279,000 | 3,163,000 | 635,000 | 597,000 | 356,000 | 1,506,000 | 826,000 | 2,200,000 |
| net assets | 167,925,000 | 161,740,000 | 147,584,000 | 126,980,000 | 105,359,000 | 86,336,000 | 110,310,000 | 99,646,000 | 104,739,000 | 86,532,000 | 63,056,000 | 56,074,000 | 47,807,000 | 36,434,000 | 33,966,000 | 29,022,000 |
| total shareholders funds | 167,925,000 | 161,740,000 | 147,584,000 | 126,980,000 | 105,359,000 | 86,336,000 | 110,310,000 | 99,646,000 | 104,739,000 | 86,532,000 | 63,056,000 | 56,074,000 | 47,807,000 | 36,434,000 | 33,966,000 | 29,022,000 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Aug 2018 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | ||||||||||||||||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | ||||||||||||||||
| Debtors | 2,123,000 | 164,000 | 272,000 | -2,051,000 | 877,000 | -3,256,000 | 4,142,000 | 84,000 | 152,000 | 160,000 | -2,311,000 | 2,308,000 | 41,000 | -46,000 | 247,000 | 41,000 |
| Creditors | -6,417,000 | 6,417,000 | 1,565,000 | |||||||||||||
| Accruals and Deferred Income | 467,000 | -542,000 | 892,000 | -499,000 | -5,240,000 | 6,172,000 | -1,279,000 | -1,279,000 | -1,884,000 | 2,528,000 | 38,000 | 241,000 | -1,150,000 | 680,000 | -426,000 | 1,252,000 |
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | 20,110,000 | 6,359,000 | -3,039,000 | -1,821,000 | -872,000 | -2,434,000 | ||||||||||
| Change in Investments | 6,452,000 | -9,618,000 | 34,741,000 | 22,469,000 | -3,507,000 | 1,093,000 | -2,176,000 | -5,933,000 | 10,716,000 | 17,876,000 | 16,718,000 | -4,197,000 | 5,547,000 | 4,066,000 | 4,833,000 | 16,657,000 |
| cash flow from investments | -6,452,000 | 9,618,000 | -34,741,000 | -22,469,000 | 3,507,000 | 19,017,000 | 2,176,000 | 5,933,000 | -10,716,000 | -17,876,000 | -16,718,000 | 10,556,000 | -8,586,000 | -5,887,000 | -5,705,000 | -19,091,000 |
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| Other Short Term Loans | -948,000 | 948,000 | ||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | 14,046,000 | 28,195,000 | 21,882,000 | 28,851,000 | 26,311,000 | 4,741,000 | -4,201,000 | -5,925,000 | 18,477,000 | 23,440,000 | 6,892,000 | 7,990,000 | 10,425,000 | 5,529,000 | 5,614,000 | 30,561,000 |
| cash and cash equivalents | ||||||||||||||||
| cash | -46,381,000 | 23,068,000 | -13,517,000 | 704,000 | 16,413,000 | -22,056,000 | 8,743,000 | 1,042,000 | 5,455,000 | 7,968,000 | -7,387,000 | 10,397,000 | 10,835,000 | 2,128,000 | -510,000 | 4,324,000 |
| overdraft | ||||||||||||||||
| change in cash | -46,381,000 | 23,068,000 | -13,517,000 | 704,000 | 16,413,000 | -22,056,000 | 8,743,000 | 1,042,000 | 5,455,000 | 7,968,000 | -7,387,000 | 10,397,000 | 10,835,000 | 2,128,000 | -510,000 | 4,324,000 |
proven vct plc Credit Report and Business Information
Proven Vct Plc Competitor Analysis
Perform a competitor analysis for proven vct plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WC2B area or any other competitors across 12 key performance metrics.
proven vct plc Ownership
PROVEN VCT PLC group structure
Proven Vct Plc has 3 subsidiary companies.
Ultimate parent company
PROVEN VCT PLC
03911323
3 subsidiaries
proven vct plc directors
Proven Vct Plc currently has 4 directors. The longest serving directors include Mr Malcolm Moss (Dec 2007) and Ms Lorna Tilbian (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malcolm Moss | England | 65 years | Dec 2007 | - | Director |
| Ms Lorna Tilbian | United Kingdom | 68 years | Jul 2013 | - | Director |
| Mr Neal Ransome | England | 64 years | Oct 2017 | - | Director |
| Mr James Barbour-Smith | 58 years | Jul 2024 | - | Director |
P&L
February 2024turnover
2.8m
+600%
operating profit
340.8k
0%
gross margin
64.5%
-2.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
167.9m
+0.04%
total assets
169.2m
+0.04%
cash
184k
-1%
net assets
Total assets minus all liabilities
proven vct plc company details
company number
03911323
Type
Public limited with Share Capital
industry
64301 - Activities of investment trusts
incorporation date
January 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
BDO LLP
address
charter house 55 drury lane, london, WC2B 5SQ
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
proven 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 proven vct plc.
proven 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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proven vct plc Companies House Filings - See Documents
| date | description | view/download |
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