foresight technology vct plc
foresight technology vct plc Company Information
Company Number
07289280
Next Accounts
Sep 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of investment trusts
Registered Address
the shard, 32 london bridge street, london, SE1 9SG
Website
www.foresightgroup.euforesight technology vct plc Estimated Valuation
Pomanda estimates the enterprise value of FORESIGHT TECHNOLOGY VCT PLC at £1.2m based on a Turnover of £941k and 1.27x industry multiple (adjusted for size and gross margin).
foresight technology vct plc Estimated Valuation
Pomanda estimates the enterprise value of FORESIGHT TECHNOLOGY VCT PLC at £381.4k based on an EBITDA of £76.5k and a 4.99x industry multiple (adjusted for size and gross margin).
foresight technology vct plc Estimated Valuation
Pomanda estimates the enterprise value of FORESIGHT TECHNOLOGY VCT PLC at £38.1m based on Net Assets of £32.1m and 1.19x industry multiple (adjusted for liquidity).
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Foresight Technology Vct Plc Overview
Foresight Technology Vct Plc is a live company located in london, SE1 9SG with a Companies House number of 07289280. It operates in the activities of investment trusts sector, SIC Code 64301. Founded in June 2010, it's largest shareholder is undisclosed with a 100% stake. Foresight Technology Vct Plc is a established, small sized company, Pomanda has estimated its turnover at £941k with declining growth in recent years.
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Foresight Technology Vct Plc Health Check
Pomanda's financial health check has awarded Foresight Technology 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 £941k, make it smaller than the average company (£5.4m)
£941k - Foresight Technology Vct Plc
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -62%, show it is growing at a slower rate (9.9%)
-62% - Foresight Technology Vct Plc
9.9% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
64.1% - Foresight Technology Vct Plc
64.1% - Industry AVG
Profitability
an operating margin of 8.1% make it less profitable than the average company (37.6%)
8.1% - Foresight Technology Vct Plc
37.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Foresight Technology Vct Plc
6 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has a lower pay structure (£53.4k)
£27.3k - Foresight Technology Vct Plc
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £313.7k, this is more efficient (£205.1k)
£313.7k - Foresight Technology Vct Plc
£205.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Foresight Technology Vct Plc
- - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (36 days)
28 days - Foresight Technology Vct Plc
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Foresight Technology Vct Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1546 weeks, this is more cash available to meet short term requirements (71 weeks)
1546 weeks - Foresight Technology Vct Plc
71 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1%, this is a lower level of debt than the average (5.9%)
1% - Foresight Technology Vct Plc
5.9% - Industry AVG
FORESIGHT TECHNOLOGY VCT PLC financials
Foresight Technology Vct Plc's latest turnover from March 2024 is £941 thousand and the company has net assets of £32.1 million. According to their latest financial statements, Foresight Technology Vct Plc has 3 employees and maintains cash reserves of £9.3 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 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 941,000 | 656,000 | 902,000 | 17,667,000 | 3,385,000 | 546,000 | 1,543,000 | 871,000 | 973,000 | 1,155,000 | 1,041,000 | 2,461,000 | 488,000 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 71,000 | 397,000 | 311,000 | 371,000 | ||||||||||
| Interest Receivable | 11,000 | |||||||||||||
| Pre-Tax Profit | 347,000 | -166,000 | 268,000 | 17,004,000 | 2,392,000 | -256,000 | 352,000 | 99,000 | 287,000 | 517,000 | 438,000 | 1,974,000 | 19,000 | -208,000 |
| Tax | -33,000 | -66,000 | -107,000 | -111,000 | -160,000 | |||||||||
| Profit After Tax | 347,000 | -166,000 | 268,000 | 17,004,000 | 2,392,000 | -256,000 | 352,000 | 66,000 | 221,000 | 410,000 | 327,000 | 1,814,000 | 19,000 | -208,000 |
| Dividends Paid | 709,000 | 2,583,000 | 1,304,000 | 2,253,000 | 2,922,000 | 2,923,000 | 2,925,000 | 2,302,000 | 1,918,000 | |||||
| Retained Profit | 347,000 | -166,000 | 268,000 | 16,295,000 | -191,000 | -1,560,000 | -1,901,000 | -2,856,000 | -2,702,000 | -2,515,000 | -1,975,000 | -104,000 | 19,000 | -208,000 |
| Employee Costs | 82,000 | 76,000 | 76,000 | 72,000 | 86,000 | 63,000 | 75,000 | 75,000 | 76,000 | 73,000 | 73,000 | 64,000 | 69,000 | 48,000 |
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 22,111,000 | 19,951,000 | 46,231,000 | 25,352,000 | 42,170,000 | 56,767,000 | 53,352,000 | 53,752,000 | 51,665,000 | 51,705,000 | 48,443,000 | 43,838,000 | 36,511,000 | 3,294,000 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 22,111,000 | 19,951,000 | 46,231,000 | 25,352,000 | 42,170,000 | 56,767,000 | 53,352,000 | 53,752,000 | 51,665,000 | 51,705,000 | 48,443,000 | 43,838,000 | 36,511,000 | 3,294,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | ||||||||||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 983,000 | 170,000 | 442,000 | 1,057,000 | 293,000 | 405,000 | 465,000 | 432,000 | 1,040,000 | 720,000 | 760,000 | 614,000 | 1,240,000 | 6,514,000 |
| Cash | 9,276,000 | 5,437,000 | 7,214,000 | 8,076,000 | 1,802,000 | 2,334,000 | 4,844,000 | 5,694,000 | 1,871,000 | 1,221,000 | 2,308,000 | 5,895,000 | 58,000 | 21,556,000 |
| misc current assets | 9,000 | 9,000 | 9,000 | 9,000 | 8,000 | 8,000 | 336,000 | |||||||
| total current assets | 10,259,000 | 5,607,000 | 7,656,000 | 9,133,000 | 2,095,000 | 2,739,000 | 5,318,000 | 6,135,000 | 2,920,000 | 1,950,000 | 3,076,000 | 6,517,000 | 1,634,000 | 28,070,000 |
| total assets | 32,370,000 | 25,558,000 | 53,887,000 | 34,485,000 | 44,265,000 | 59,506,000 | 58,670,000 | 59,887,000 | 54,585,000 | 53,655,000 | 51,519,000 | 50,355,000 | 38,145,000 | 31,364,000 |
| Bank overdraft | 1,561,000 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 26,000 | 55,000 | 2,000 | 2,000 | 97,000 | 6,000 | 148,000 | 215,000 | 6,000 | 6,000 | 37,000 | 9,000 | 183,000 | 143,000 |
| Group/Directors Accounts | 363,000 | 16,920,000 | 17,653,000 | 2,348,000 | ||||||||||
| other short term finances | 30,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 286,000 | 208,000 | 152,000 | 124,000 | 325,000 | 161,000 | 356,000 | 162,000 | 3,973,000 | 61,000 | 170,000 | 277,000 | 71,000 | 277,000 |
| total current liabilities | 312,000 | 263,000 | 154,000 | 489,000 | 17,342,000 | 17,820,000 | 2,852,000 | 1,968,000 | 3,979,000 | 67,000 | 207,000 | 286,000 | 254,000 | 420,000 |
| loans | 15,000,000 | 15,000,000 | ||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 15,000,000 | 15,000,000 | ||||||||||||
| total liabilities | 312,000 | 263,000 | 154,000 | 489,000 | 17,342,000 | 17,820,000 | 17,852,000 | 16,968,000 | 3,979,000 | 67,000 | 207,000 | 286,000 | 254,000 | 420,000 |
| net assets | 32,058,000 | 25,295,000 | 53,733,000 | 33,996,000 | 26,923,000 | 41,686,000 | 40,818,000 | 42,919,000 | 50,606,000 | 53,588,000 | 51,312,000 | 50,069,000 | 37,891,000 | 30,944,000 |
| total shareholders funds | 32,058,000 | 25,295,000 | 53,733,000 | 33,996,000 | 26,923,000 | 41,686,000 | 40,818,000 | 42,919,000 | 50,606,000 | 53,588,000 | 51,312,000 | 50,069,000 | 37,891,000 | 30,944,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -33,000 | -66,000 | -107,000 | -111,000 | -160,000 | |||||||||
| Stock | ||||||||||||||
| Debtors | 813,000 | -272,000 | -615,000 | 764,000 | -112,000 | -60,000 | 33,000 | -608,000 | 320,000 | -40,000 | 146,000 | -626,000 | -5,274,000 | 6,514,000 |
| Creditors | -29,000 | 53,000 | -95,000 | 91,000 | -142,000 | -67,000 | 209,000 | -31,000 | 28,000 | -174,000 | 40,000 | 143,000 | ||
| Accruals and Deferred Income | 78,000 | 56,000 | 28,000 | -201,000 | 164,000 | -195,000 | 194,000 | -3,811,000 | 3,912,000 | -109,000 | -107,000 | 206,000 | -206,000 | 277,000 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 1,235,000 | 2,617,000 | 2,463,000 | |||||||||||
| Change in Investments | 2,160,000 | -26,280,000 | 20,879,000 | -16,818,000 | -14,597,000 | 3,415,000 | -400,000 | 2,087,000 | -40,000 | 3,262,000 | 4,605,000 | 7,327,000 | 33,217,000 | 3,294,000 |
| cash flow from investments | -2,160,000 | 26,280,000 | -20,879,000 | 16,818,000 | 14,597,000 | -3,415,000 | 1,635,000 | 530,000 | 2,503,000 | -3,262,000 | -4,605,000 | -7,327,000 | -33,217,000 | -3,294,000 |
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -363,000 | -16,557,000 | -733,000 | 15,305,000 | 2,348,000 | |||||||||
| Other Short Term Loans | -30,000 | 30,000 | ||||||||||||
| Long term loans | -15,000,000 | 15,000,000 | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -71,000 | -397,000 | -311,000 | -371,000 | 11,000 | |||||||||
| cash flow from financing | 6,416,000 | -28,272,000 | 19,106,000 | -25,850,000 | -15,702,000 | 2,422,000 | 1,747,000 | -280,000 | 4,791,000 | 3,218,000 | 12,282,000 | 6,928,000 | 31,163,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | 3,839,000 | -1,777,000 | -862,000 | 6,274,000 | -532,000 | -2,510,000 | -850,000 | 3,823,000 | 650,000 | -1,087,000 | -3,587,000 | 5,837,000 | -21,498,000 | 21,556,000 |
| overdraft | -1,561,000 | 1,561,000 | ||||||||||||
| change in cash | 3,839,000 | -1,777,000 | -862,000 | 6,274,000 | -532,000 | -2,510,000 | 711,000 | 2,262,000 | 650,000 | -1,087,000 | -3,587,000 | 5,837,000 | -21,498,000 | 21,556,000 |
foresight technology vct plc Credit Report and Business Information
Foresight Technology Vct Plc Competitor Analysis
Perform a competitor analysis for foresight technology vct plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
foresight technology vct plc Ownership
FORESIGHT TECHNOLOGY VCT PLC group structure
Foresight Technology Vct Plc has 5 subsidiary companies.
Ultimate parent company
FORESIGHT TECHNOLOGY VCT PLC
07289280
5 subsidiaries
foresight technology vct plc directors
Foresight Technology Vct Plc currently has 3 directors. The longest serving directors include Mr Timothy Dowlen (Jul 2010) and Mr Ernest Richardson (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Dowlen | United Kingdom | 78 years | Jul 2010 | - | Director |
| Mr Ernest Richardson | United Kingdom | 75 years | Jan 2019 | - | Director |
| Mrs Carol Thompson | United Kingdom | 62 years | Mar 2021 | - | Director |
P&L
March 2024turnover
941k
+43%
operating profit
76.5k
0%
gross margin
64.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
32.1m
+0.27%
total assets
32.4m
+0.27%
cash
9.3m
+0.71%
net assets
Total assets minus all liabilities
foresight technology vct plc company details
company number
07289280
Type
Public limited with Share Capital
industry
64301 - Activities of investment trusts
incorporation date
June 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
foresight solar & technology vct plc (September 2023)
foresight solar & infrastructure vct plc (December 2019)
accountant
-
auditor
DELOITTE LLP
address
the shard, 32 london bridge street, london, SE1 9SG
Bank
-
Legal Advisor
RW BLEARS LLP
foresight technology 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 technology vct plc.
foresight technology 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 technology vct plc Companies House Filings - See Documents
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