MOLTEN VENTURES VCT PLC
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-09 (in 4mo)
Last made up 2025-08-26
Watchouts
None on the register
Cash
£32M
+28.2% vs 2024
Net assets
£118M
+1% vs 2024
Employees
—
Average over period
Profit before tax
-£8M
+6.8% vs 2024
Name history
Renamed 5 times since incorporation
- MOLTEN VENTURES VCT PLC 2022-02-04 → present
- DRAPER ESPRIT VCT PLC 2019-01-10 → 2022-02-04
- ELDERSTREET DRAPER ESPRIT VCT PLC 2017-12-07 → 2019-01-10
- ELDERSTREET VCT PLC 2005-01-26 → 2017-12-07
- ELDERSTREET DOWNING VCT PLC 1997-10-20 → 2005-01-26
- DOWNING STREET VCT PLC 1997-08-26 → 1997-10-20
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £980,000 | £1,665,000 | |
| Operating profit | -£168,000 | £399,000 | |
| Profit before tax | -£8,054,000 | -£7,508,000 | |
| Net profit | -£8,054,000 | -£7,508,000 | |
| Cash | £25,102,000 | £32,188,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £117,054,000 | £118,232,000 | |
| Equity | £117,054,000 | £118,232,000 | |
| Average employees | — | — | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -17.1% | 24.0% | |
| Net margin | -821.8% | -450.9% | |
| Gearing (liabilities / total assets) | 0.0% | 0.0% | |
| Current ratio | 139.09x | 192.44x |
Margins divide P&L lines by turnover. 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 Board is satisfied that the Company has adequate resources to continue in business for at least twelve months from the date of approval of these financial statements. For this reason, they believe that the Company continues to be a going concern and that it is appropriate to apply the going concern basis in preparing the financial statements.”
Group structure
- MOLTEN VENTURES VCT PLC · parent
- Fords Packaging Topco Limited 59.4%
Significant events
- “Significant geopolitical uncertainty at present with ongoing conflicts and political changes impacting legislation, economies and stock markets.”
- “On 1 April 2025, the Company received proceeds of £1,142,000 from the sale of Freetrade Limited to IG Group Holdings plc, an online trading provider.”
- “On 4 April 2025, the Company allotted 15,292,988 Ordinary Shares of 5p each at an average price of 43.0p per Ordinary Share under the terms of the Offer for Subscription dated 11 October 2024.”
- “On 16 April 2025, the Company allotted 278,213 Ordinary Shares of 5p each at an average price of 42.6p per Ordinary Share under the terms of the Offer for Subscription dated 11 October 2024.”
- “On 29 April 2025, the Company bought back 9,344,254 of its own Ordinary Shares at a price 39.8p per share. These shares were subsequently cancelled.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ISCA ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2024-02-26 | — | — |
| ALDOUS, Hugh Graham Cazalet | Director | 2007-03-01 | Jun 1944 | British |
| BROCK, David Michael | Director | 1998-01-27 | Oct 1949 | British |
| CLARKE, Steven Derek | Director | 2025-04-01 | Aug 1968 | British |
| DUCKWORTH, Sally Louise | Director | 2024-01-22 | Jun 1968 | British |
| MARSH, John Richard, Dr | Director | 2021-08-11 | May 1971 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRIS, Michael Lionel | Secretary | 1997-08-26 | 1998-01-27 |
| MCGING, Anthony Michael | Secretary | 1998-01-27 | 2001-12-12 |
| WHITEHOUSE, Grant Leslie | Secretary | 2001-12-12 | 2024-02-26 |
| DEAN, Barry Malcolm | Director | 2005-01-25 | 2020-09-22 |
| HARGREAVES, Richard Lawrence, Dr | Director | 1998-01-27 | 2004-06-17 |
| HARRIS, Michael Lionel | Director | 1997-08-26 | 1998-01-27 |
| JACKSON, Michael Edward Wilson | Director | 1998-01-27 | 2021-08-11 |
| JOHNSON, Luke | Director | 1998-01-27 | 2007-10-16 |
| KAY, Christopher Paul | Director | 1998-01-27 | 2004-06-17 |
| LASSMAN, Keith | Director | 1997-08-26 | 1998-01-27 |
| LEWIS, Nicholas Peter | Director | 1998-01-27 | 2025-03-31 |
| PEARCE, Gareth David | Director | 1998-01-27 | 2004-06-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 417 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-06 RESOLUTIONS Resolution
- 2024-10-17 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CH01 | officers | Change person director company with change date | |
| 2026-02-03 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-02-03 | MISC | miscellaneous | Miscellaneous | |
| 2026-02-03 | OC | miscellaneous | Court order | |
| 2025-10-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-09-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-22 | AA | accounts | Accounts with accounts type full | |
| 2024-09-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-06 | AA | accounts | Accounts with accounts type interim | |
| 2024-06-02 | SH01 | capital | Capital allotment shares | |
| 2024-04-29 | SH07 | capital | Capital cancellation shares by plc | |
| 2024-04-29 | SH07 | capital | Capital cancellation shares by plc | |
| 2024-04-25 | SH01 | capital | Capital allotment shares | |
| 2024-04-25 | SH01 | capital | Capital allotment shares | |
| 2024-04-05 | AA | accounts | Accounts with accounts type interim | |
| 2024-02-27 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+69.9%
£980,000 £1,665,000
-
Cash
+28.2%
£25,102,000 £32,188,000
-
Net assets
+1%
£117,054,000 £118,232,000
-
Employees
—
Not reported
-
Operating profit
+337.5%
-£168,000 £399,000
-
Profit before tax
+6.8%
-£8,054,000 -£7,508,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers