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About the company
Blackfinch Spring VCT PLC is a United Kingdom-based venture capital trust. The principal activity of the Company is investing in un-listed growth companies. It is focused on investments in early-stage technology-enabled companies with a focus on research and development and innovation. The Company operates through the investment business segment. Its investment portfolio companies Illuma Technology Ltd, Transreport Limited, Startpulsing Limited, Teamed Ltd, Watchmycompetitor.com Ltd, Cyclr Systems Limited, Staffcircle Ltd, Client Share Ltd, Brooklyn Supply Chain Solutions Ltd, Currensea Ltd, Odore Limited, Tended Ltd, and Cultureshift Communications Ltd. The Company’s investment manager is Blackfinch Investments Limited.
- Revenue in GBP (TTM)4.62m
- Net income in GBP3.49m
- Incorporated2019
- Employees0.00
- LocationBlackFinch Spring VCT Ltd1350-1360 Montpellier CourtGloucester Business ParkGLOUCESTER GL3 4AHUnited KingdomGBR
- Phone+44 14 5271 7070
- Websitehttps://blackfinch.ventures/vct
Profile
| Management group(s) | Blackfinch Investments Limited |
|---|---|
| AIC sector | VCT |
| ISIN | GB00BKV46W45 |
| Launch date | 09 Apr 2020 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
Blackfinch Spring VCT plc (the “Company”) will focus its investment in unquoted companies with some or all of the following characteristics: • Early-stage and technology-enabled with a focus on research and development. • The capability to grow quickly through disrupting their markets. • Strong performance against previous investment round milestones.
Managed by
| Reuben Wilcock |
|---|
Management & contract fees
The Investment Adviser will charge an Annual Advisory Fee of 2.5% of the NAV annually payable quarterly in arrears. The Investment Adviser will charge a Performance Incentive Fee equal to 20% of the amount by which the Performance Value per Share at the end of an accounting period exceeds the High Water Mark, and multiplied by the number of Shares in issue on the relevant date.
Peer analysis
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|---|---|---|
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| Jupiter Green Investment Trust Plc | 789.00k | -237.00k |
| Blackfinch Spring VCT PLC | 4.62m | 3.49m |
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