BTOMORROW VENTURES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-12 (in 2mo)
Last made up 2025-06-28
Watchouts
None on the register
Cash
£9M
+6.3% vs 2023
Net assets
£134M
+79.2% vs 2023
Employees
10
-23.1% vs 2023
Profit before tax
£829K
+130.5% vs 2023
Name history
Renamed 1 time since incorporation
- BTOMORROW VENTURES LIMITED 2020-05-20 → present
- BETTER TOMORROW VENTURES LIMITED 2019-06-25 → 2020-05-20
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £269,000 | -£359,000 | |
| Profit before tax | -£2,719,000 | £829,000 | |
| Net profit | -£2,719,000 | £829,000 | |
| Cash | £8,879,000 | £9,437,000 | |
| Total assets less current liabilities | £74,933,000 | £134,299,000 | |
| Net assets | £74,933,000 | £134,299,000 | |
| Equity | £74,933,000 | £134,299,000 | |
| Average employees | 13 | 10 | |
| Wages | £2,251,000 | £1,767,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | 0.4% | -0.3% | |
| Gearing (liabilities / total assets) | 2.1% | 0.7% | |
| Current ratio | 16.78x | 91.39x | |
| Interest cover | 269.00x | -119.67x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ('the going concern period').”
Significant events
- “The Company has made multiple investments in accordance with its principal activities set out above utilising funds generated from shares issued to its parent company.”
- “The Company has made multiple investments to the value of £10m in accordance with its principal activities utilising funds generated from share issue to its parent company in previous periods.”
- “In April 2025, the US government announced tariffs on all goods imported into the US. An initial review of the exposure to US exports was conducted and determined that the current portfolio should not be significantly impacted by the tariffs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BATS LIMITED | Corporate Secretary | 2024-09-03 | — | — |
| DUNCAN, Alastair Mark | Director | 2020-06-22 | Mar 1973 | New Zealander |
| GOMAN, Annie | Director | 2024-12-13 | Jun 1991 | British |
| ROMANYUK, Elena | Director | 2024-05-03 | Mar 1980 | Russian |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAYNES, Jessica | Secretary | 2019-06-25 | 2020-04-03 |
| MARTIN, Oliver James | Secretary | 2020-06-22 | 2020-09-03 |
| MCCORMACK, Peter | Secretary | 2020-09-03 | 2021-11-26 |
| MCCORMACK, Peter | Secretary | 2020-06-22 | 2020-06-22 |
| WORLOCK, Christopher | Secretary | 2023-03-30 | 2024-09-03 |
| ASHTON, Simon Dudley Keith Shaw | Director | 2021-11-27 | 2023-03-31 |
| COPTY, Anthony Emile | Director | 2023-04-01 | 2024-05-03 |
| HARRIS, Craig Edward James | Director | 2019-06-25 | 2020-06-22 |
| MORAES MACHADO, Renata | Director | 2019-06-25 | 2020-01-20 |
| PALACIOS, Juan | Director | 2022-12-31 | 2024-12-13 |
| SHILOV, Vladimir | Director | 2020-05-12 | 2021-08-31 |
| SMITH, Lisa Noelle, Dr | Director | 2020-01-21 | 2022-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nicoventures Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-25 | Active |
Filing timeline
Last 20 of 45 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-20 | SH01 | capital | Capital allotment shares | |
| 2024-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-09-04 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-09-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-06-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-30 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-27 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
+6.3%
£8,879,000 £9,437,000
-
Net assets
+79.2%
£74,933,000 £134,299,000
-
Employees
-23.1%
13 10
-
Operating profit
-233.5%
£269,000 -£359,000
-
Profit before tax
+130.5%
-£2,719,000 £829,000
-
Wages
-21.5%
£2,251,000 £1,767,000
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