FORESIGHT GROUP LLP

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. FORESIGHT GROUP LLP 2007-10-01 → present
2. VCF LLP 2001-10-25 → 2007-10-01

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The members of the LLP have considered the resilience of the LLP, taking into account its current financial position and the principal and emerging risks facing the business. The members reviewed the LLP's cash flow forecasts and trading budgets for a period of 12 months from the date of approval of these financial statements as part of their overall review of the LLP's five year plan, and concluded that, taking into account plausible downside scenarios that could reasonably be anticipated, the LLP will have sufficient funds to pay its liabilities as they fall due for that period. Taking into account the wider economic environment, the forecasts have been stress tested to ensure that a robust assessment of the LLP's working capital and cash requirements has been performed. The stress test scenarios adopted involved severe but plausible downside scenarios with respect to the LLP's trading performance. Downside scenarios included a material reduction in revenues through 50% lower fundraising, 25% lower deployment and 10% reduction in valuation of the funds managed by the LLP. Any mitigating actions available to protect working capital and strengthen the statement of financial position, including deferring non-essential capital expenditure and increased cost control, were also taken into account. In considering the above, the members have formed the view that the LLP will generate sufficient cash to meet its ongoing liabilities as they fall due for at least the next 12 months; accordingly, the going concern basis of preparation has been adopted.”

Group structure

1. FORESIGHT GROUP LLP · parent
   1. Foresight Group S.R.L. 100% · Italy · Ordinary
   2. Foresight Group Australia Pty Limited 100% · Australia · Ordinary
   3. Foresight Group Iberia SL 100% · Spain · Ordinary
   4. Foresight Group Promoter LLP 100% · England & Wales · Voting rights
   5. Foresight Investor LLP 100% · England & Wales · Voting rights
   6. Foresight 1 VCT Limited 100% · England & Wales · Ordinary
   7. Foresight Energy VCT Limited 100% · England & Wales · Ordinary
   8. Foresight European Solar Fund CIP GP Limited 100% · Scotland · Ordinary
   9. Foresight Group S.à r.l. 100% · Luxembourg · Ordinary
   10. Foresight Energy Infrastructure Partners GP S.à r.l. 100% · Luxembourg · Ordinary
   11. Foresight Energy Infrastructure Partners II GP S.à r.l. 100% · Luxembourg · Ordinary
   12. Foresight Group Luxembourg S.A. 100% · Luxembourg · Ordinary
   13. Foresight Hydrogen Infrastructure Fund GP S.à r.l. 100% · Luxembourg · Ordinary
   14. FGA Ventures Pty Limited 100% · Australia · Ordinary

Significant events

• “In September 2024, the LLP completed the acquisition of the Healthcare share class of Thames Ventures VCT 2 plc. This was accounted for as the acquisition of a contract under IAS 38 as no substantive processes were acquired and therefore it does not constitute a business under IFRS 3. The LLP paid £868,100 in cash plus there is a further contingent payment with an expected fair value of £256,605 which will be payable in cash over a three year period conditional on achieving certain AUM targets. Therefore, intangible assets - customer contracts have been recognised of £1,124,705.”
• “On 5 March 2025, the LLP completed the acquisition of the trade and assets of WHEB Asset Management LLP ("WHEB"). WHEB is a leader in impact investing, managing a single global mid-cap equity strategy that invests in listed companies whose products and services provide solutions to key sustainability challenges. The acquisition is in line with the LLP's intention to grow its sustainable investment capabilities, diversify the business and scale the FCM division. The initial cash consideration was £1,000,000 paid on 5 March 2025. The fair value of the assets acquired and liabilities assumed include intangible assets - customer contracts and brands of £1,211,900. Consequently, a gain on bargain combination has been recognised in the statement of comprehensive income of £211,900.”
• “On 3 June 2025, one of the LLP's subsidiary undertakings, FGA Ventures Pty Limited, was dissolved.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +8.1%

  £102,147,063 → £110,405,136

• Cash

  +4.6%

  £30,789,956 → £32,219,773

• Net assets

  +15.9%

  £46,065,518 → £53,368,456

• Employees

  +12%

  217 → 243

• Operating profit

  +11.4%

  £28,175,956 → £31,388,011

• Profit before tax

  +17.9%

  £32,177,471 → £37,951,093

• Wages

  +23.1%

  £21,596,827 → £26,593,885

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