UK Companies House feature
NORTHERN 2 VCT PLC
Profile
- Company number
- 03695071
- Status
- Active
- Incorporation
- 1999-01-08
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded that there is a reasonable expectation that the Company will be able to continue in operation over the three year period and meet its liabilities as they fall due over that period.”
Subsidiaries
- Biological Preparations Group · 22.8% held · Environmental biotechnology products
Significant events
- “VCT scheme extended by a further 10 years in the 2024 UK autumn budget.”
- “Change of government in the UK with the Labour Party elected in July 2024.”
- “Share offer to raise £15 million was oversubscribed.”
- “Most notable exit was Gentronix, sold for net proceeds of £5.2 million.”
- “Other exits included Grip UK (t/a The Climbing Hangar), Intuitive Holding, Nutshell, and Ablatus Therapeutics.”
- “Six new venture capital investments completed (Semble Technology, Napo, Ski Zoom, Culture AI, Promethean Particles, Scalpel).”
- “Increases in portfolio valuations for Pure Pet Food and Project Glow TopCo.”
- “Reductions in portfolio valuations for Adludio and Newcells Biotech.”
- “Audit tender process completed, Johnston Carmichael LLP recommended for appointment as auditor from 1 April 2025.”
- “Cecilia McAnulty is retiring after the Company's AGM; David Gravells is stepping down as Chair after the AGM.”
- “After the year end, on 3 April 2025, the Company issued 25,531,778 ordinary shares for a net consideration of £14,528,000.”
- “On 4 April 2025, the Company invested £417,000 in existing portfolio company Axis Spine Technologies.”
- “On 17 April 2025, the Company invested £321,000 in existing portfolio company Broker Insights.”
- “On 24 April 2025, the Company sold part of its investment in Project Glow Topco for proceeds of £309,000.”
- “On 6 May 2025, the Company invested £668,000 in existing portfolio company Warwick Acoustics.”
- “On 7 May 2025, the Company invested £193,000 in existing portfolio company Synthesized.”
- “On 13 June 2025, the Company invested £240,000 in existing portfolio company Newcells Biotech.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MERCIA COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2022-09-30 | — | — |
| CHAMBERS, Thomas William | Director | 2024-06-19 | Jun 1961 | British |
| DEVONSHIRE, Simon | Director | 2017-01-03 | Dec 1967 | British |
| GRAVELLS, David Peter Anthony | Director | 2007-07-04 | Aug 1949 | British |
| RAMPARIA, Ranjan Keshavji | Director | 2022-05-27 | Jun 1971 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRYCE, James Kirk | Secretary | 2018-03-31 | 2022-01-01 |
| MELLOR, Christopher David | Secretary | 1999-01-08 | 2018-03-31 |
| VENABLES, Graham | Secretary | 2022-01-01 | 2022-09-30 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1999-01-08 | 1999-01-08 |
| CONN, Alastair Macbeth | Director | 1999-01-08 | 2022-08-10 |
| DENNY, Edward Michael Patrick | Director | 1999-01-08 | 2015-07-14 |
| FLETCHER, Christopher George Alvan | Director | 1999-01-19 | 2017-07-12 |
| HOLLIDAY, Frederick George Thomas, Professor Sir | Director | 1999-01-19 | 2011-07-19 |
| MCANULTY, Cecilia Ann | Director | 2014-09-18 | 2025-08-06 |
| NEALE, Frank Leslie George | Director | 1999-01-19 | 2023-07-28 |
| WHITE RIDLEY, Matthew, Doctor | Director | 1999-01-19 | 2008-04-30 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1999-01-08 | 1999-01-08 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Director | 1999-01-08 | 1999-01-08 |
Ownership
Persons with significant control
No PSC data extracted yet.
Filing timeline
Last 20 of 598 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-30 | SH07 | capital | capital cancellation shares by plc |
| 2026-04-30 | SH03 | capital | capital return purchase own shares |
| 2026-02-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-21 | SH01 | capital | capital allotment shares |
| 2026-01-20 | SH07 | capital | capital cancellation shares by plc |
| 2026-01-20 | SH03 | capital | capital return purchase own shares |
| 2025-12-10 | SH01 | capital | capital allotment shares |
| 2025-11-26 | SH07 | capital | capital cancellation shares by plc |
| 2025-11-26 | SH03 | capital | capital return purchase own shares |
| 2025-09-29 | SH07 | capital | capital cancellation shares by plc |
| 2025-09-29 | SH03 | capital | capital return purchase own shares |
| 2025-09-17 | AUD | auditors | auditors resignation company |
| 2025-09-09 | SH01 | capital | capital allotment shares |
| 2025-08-19 | RESOLUTIONS | resolution | resolution |
| 2025-08-19 | MA | incorporation | memorandum articles |
| 2025-08-18 | SH03 | capital | capital return purchase own shares |
| 2025-08-11 | TM01 | officers | termination director company with name termination date |
| 2025-08-04 | SH07 | capital | capital cancellation shares by plc |
| 2025-07-21 | AA | accounts | accounts with accounts type full |
| 2025-05-20 | SH07 | capital | capital cancellation shares by plc |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.