PROVEN VCT PLC
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Cash
£61k
-35.1% lowest in 3 filed years
Net assets
£173m
+2.7% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£2.3m
-8.1% lowest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | £8,280,000 | £2,496,000 | £2,295,000 | -8.1% | |
| Net profit | £8,280,000 | £2,496,000 | £2,295,000 | -8.1% | |
| Cash | £184,000 | £94,000 | £61,000 | -35.1% | |
| Total assets less current liabilities | £167,925,000 | £168,981,000 | £173,488,000 | +2.7% | |
| Net assets | £167,925,000 | £168,981,000 | £173,488,000 | +2.7% | |
| Equity | £167,925,000 | £168,981,000 | £173,488,000 | +2.7% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £125,000 | £125,000 | £115,000 | -8% | |
| Highest paid director | — | £43,000 | £43,000 | 0% |
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 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 0.7% | 0.2% | 0.1% | |
| Current ratio | 38.00x | — | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the twelve months from the date of sign off of these financial statements.”
Significant events
- “Combined offer for subscription with ProVen Growth and Income VCT plc launched on 17 November 2025 to raise up to £15 million per company, with an over-allotment facility of a further £5 million per company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERINGEA LLP | Corporate Secretary | 2015-01-13 | — | — |
| BARBOUR-SMITH, James Kenneth Alexander | Director | 2024-07-22 | Nov 1966 | British |
| RANSOME, Neal | Director | 2017-10-01 | May 1960 | British |
| TILBIAN, Lorna Mona | Director | 2013-07-30 | Apr 1957 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRIS, Michael Lionel | Secretary | 2000-01-18 | 2000-02-08 |
| WHITEHOUSE, Grant Leslie | Secretary | 2005-09-21 | 2015-01-13 |
| WHITTEN, Celia Linda | Secretary | 2004-06-02 | 2005-09-21 |
| HUTTON CORPORATE SERVICES LIMITED | Corporate Secretary | 2000-02-08 | 2004-06-02 |
| DAVISON, Andrew John | Director | 2000-02-08 | 2018-07-11 |
| DEAN, Barry Malcolm | Director | 2006-05-10 | 2024-10-17 |
| EBERLY, David Spencer | Director | 2007-01-25 | 2007-12-31 |
| EDWARDS, Stephen Peter | Director | 2000-02-08 | 2002-03-14 |
| HARRIS, Michael Lionel | Director | 2000-01-18 | 2000-02-08 |
| HUNT, Anthony Jonathan | Director | 2000-01-18 | 2000-02-08 |
| LEWIS, Nicholas Peter | Director | 2000-02-08 | 2010-08-24 |
| MOSS, Malcolm Kennedy Hunt | Director | 2007-12-31 | 2025-07-15 |
| POWER, Gordon Robert | Director | 2002-03-14 | 2003-05-16 |
| SHARP, Ernest Henry | Director | 2000-02-08 | 2006-09-21 |
| SOOKE, Thomas Peter | Director | 2000-02-08 | 2004-06-01 |
| SPIRO JR, Alexander | Director | 2003-05-16 | 2007-01-25 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 648 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-17 | AA | accounts | Accounts with accounts type full | |
| 2026-08-13 | SH06 | capital | Capital cancellation shares | |
| 2026-08-13 | SH03 | capital | Capital return purchase own shares | |
| 2026-07-17 | SH01 | capital | Capital allotment shares | |
| 2026-07-17 | SH01 | capital | Capital allotment shares | |
| 2026-07-17 | SH01 | capital | Capital allotment shares | |
| 2026-07-17 | SH01 | capital | Capital allotment shares | |
| 2026-07-17 | SH01 | capital | Capital allotment shares | |
| 2026-05-06 | SH03 | capital | Capital return purchase own shares | |
| 2026-05-06 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-10 | SH06 | capital | Capital cancellation shares | |
| 2026-03-03 | SH01 | capital | Capital allotment shares | |
| 2026-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-28 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | SH06 | capital | Capital cancellation shares | |
| 2026-01-13 | SH03 | capital | Capital return purchase own shares | |
| 2025-10-09 | SH01 | capital | Capital allotment shares | |
| 2025-10-09 | SH01 | capital | Capital allotment shares | |
| 2025-10-09 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 18
- Officers appointed
- 0
- Officers resigned
- 0
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.