THE BIOTECH GROWTH TRUST PLC
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Cash
£11M
+30.9% highest in 3 filed years
Net assets
£282M
+27.4% vs 2025
Employees
—
Average over period
Profit before tax
£131M
+258.1% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | £131,777,000 | — | |
| Profit before tax | £74,507,000 | -£82,647,000 | £130,695,000 | +258.1% | |
| Net profit | £74,600,000 | -£82,661,000 | £130,695,000 | +258.1% | |
| Cash | £2,131,000 | £8,453,000 | £11,063,000 | +30.9% | |
| Total assets less current liabilities | £408,385,000 | — | — | — | |
| Net assets | £361,307,000 | £221,206,000 | £281,923,000 | +27.4% | |
| Equity | £361,307,000 | £221,206,000 | — | — | |
| Average employees | 0 | 0 | — | — | |
| Wages | £0 | £0 | — | — | |
| Directors' remuneration | £177,510 | £198,670 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 12.2% | 2.4% | — | |
| Current ratio | 5.49x | 0.12x | 1.09x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- THE BIOTECH GROWTH TRUST PLC 2007-07-26 → present
- FINSBURY EMERGING BIOTECHNOLOGY TRUST PLC 2005-05-19 → 2007-07-26
- FINSBURY LIFE SCIENCES INVESTMENT TRUST PLC 1999-09-22 → 2005-05-19
- REABOURNE MERLIN LIFE SCIENCES INVESTMENT TRUST PLC 1997-05-20 → 1999-09-22
Audit & accounting basis
- Accounting basis
- IFRS
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FROSTROW CAPITAL LLP | Corporate Secretary | 2007-04-18 | — | — |
| BAILLIE, Hamish Michael | Director | 2023-11-01 | Mar 1979 | British |
| HARRIES, Jennifer Margaret, Dame | Director | 2025-09-16 | Oct 1958 | British |
| HSU, Geoffrey Che-Chang | Director | 2018-05-16 | Dec 1974 | American |
| SHEPHERD, Nicola Ann, Dr | Director | 2021-01-18 | May 1975 | British |
| TANKARD, Julie Ann | Director | 2024-09-03 | Oct 1966 | British |
| YATES, Roger Philip | Director | 2021-12-01 | Apr 1957 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOUGIE, Andrew Michael | Secretary | 1997-05-20 | 1997-06-04 |
| CLOSE FINSBURY ASSET MANAGEMENT LIMITED | Corporate Secretary | 2000-06-16 | 2006-12-12 |
| CLOSE INVESTMENTS LIMITED | Corporate Secretary | 2006-12-12 | 2007-04-18 |
| BATES, Steven Andrew Ralph | Director | 2015-07-08 | 2024-07-18 |
| BORHO, Sven Heinz | Director | 2006-03-27 | 2018-05-16 |
| DAVIES, Kay Elizabeth | Director | 2012-03-15 | 2021-07-14 |
| GAUNT, Paul | Director | 1997-06-05 | 2015-07-08 |
| GORDON, John Laurie, Dr | Director | 1997-06-05 | 2014-07-10 |
| HERRINGTON, Timothy John | Director | 1997-05-20 | 1997-06-04 |
| HOUGIE, Andrew Michael | Director | 1997-05-20 | 1997-06-04 |
| JOY, Andrew Neville | Director | 2012-03-15 | 2022-07-19 |
| KEEN, Peter Stephen | Director | 1997-06-04 | 2017-07-12 |
| LE BLAN, Julia | Director | 2016-07-12 | 2025-07-17 |
| SCLATER, John Richard | Director | 1997-06-05 | 2012-07-12 |
| TOWNSEND, John Anthony Victor | Director | 1997-06-04 | 2007-11-08 |
| WALDERGRAVE, William Arthur, The Right Honorable | Director | 1998-06-09 | 2016-07-12 |
| WILLETTS, David Lindsay | Director | 2015-11-11 | 2025-07-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 1109 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-29 | SH06 | capital | Capital cancellation shares | |
| 2026-06-29 | SH06 | capital | Capital cancellation shares | |
| 2026-06-29 | SH06 | capital | Capital cancellation shares | |
| 2026-06-29 | SH06 | capital | Capital cancellation shares | |
| 2026-06-29 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-29 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-29 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-29 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-22 | AA | accounts | Accounts with accounts type full | |
| 2026-06-07 | SH06 | capital | Capital cancellation shares | |
| 2026-06-07 | SH06 | capital | Capital cancellation shares | |
| 2026-06-07 | SH06 | capital | Capital cancellation shares | |
| 2026-06-07 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-07 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-07 | SH03 | capital | Capital return purchase own shares | |
| 2026-05-29 | SH06 | capital | Capital cancellation shares | |
| 2026-05-29 | SH03 | capital | Capital return purchase own shares | |
| 2026-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-19 | SH06 | capital | Capital cancellation shares | |
| 2026-05-19 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 18
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.