CHARIS CAPITAL MANAGEMENT LIMITED
Company number NI632868 · Monitor this company
This company is in liquidation.
Executive summary
Charis Capital Management Limited represents a catastrophic failure within the UK venture capital sector, transitioning from apparent financial health in 2017 (£524K net assets, £3.13M cash) to deep insolvency by 2018 (£-12.29M net assets, £74K cash). The company's aggressive deployment of debt-funded investments without adequate liquidity reserves, combined with minimal share capital and weak governance structures, positioned it far below industry norms for risk management and capital adequacy. Its current liquidation status, alongside overdue filings, confirms the total collapse of what appears to have been an unsustainably leveraged venture capital operation in a peripheral market.
Shareholders' funds
-£12,293,866
Balance sheet as at 2018-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- —
- Registered office
- 34 SCARVA STREET, BANBRIDGE, NORTHERN IRELAND, BT32 3DD
- Postcode
- BT32 3DD
- Capital
- 1 GBP
- Accounts category
- TOTAL EXEMPTION FULL
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2018-08-31
- Next due by
- 2020-05-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2018-12-20
- Next due by
- 2020-01-03
Nature of business (SIC)
- 64303 Activities of venture and development capital companies
Officers 3 current · 3 resigned
Group structure 3 subsidiaries
-
ANATROFI PLC Dissolved
-
CCM TRADE 2 LIMITED Dissolved
-
CCM TRADE 3 LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Contact details
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 37A - 39A RATHFRILAND STREET, BANBRIDGE, DOWN, BT32 3LA | 2016-10-13 |
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.