Following the disposal of its principal operating subsidiaries to Tooru plc (formerly Riverfort Global Opportunities plc) an AIM -quoted company, the Company now operates without any trading subsidiaries and has significantly reduced its outstanding debt. It is now a cash shell and, in accordance with the Aquis Stock Exchange rules, is classified as an Enterprise Company.

 

The Company’s principal assets include its holding in Tooru, a minority shareholding in Coldpress Foods Limited, and a dormant subsidiary, Ohso Chocolate Limited.

 

As of 31 December 2024, the Company has accumulated tax losses estimated to be in excess of £2.6 million. These may be utilised to offset future profits should the Company engage in a qualifying trading activity.

 

Following the disposal, the Company’s unaudited balance sheet is expected to show:
 
  • Cash and cash equivalents:  £380,277
  • Trade and other payables:  £824,961
  • Net assets:  £3,580,207

S-VENTURES PLC BOARD OF DIRECTORS

Scott Livingston – CEO

Scott Livingston

Non-Exec Chariman

Scott founded and listed S-Ventures PLC in 2020, to identify and capitalise upon investment opportunities in the high growth natural wellness sector and build a consolidated group sharing infrastructure and capital. Prior to S-Ventures, Scott focused full-time on the Westlab group as Founder and CEO, a bath and body care business he founded in 2004 which is now a global wellness brand with factories in the UK and USA with distribution across multiple countries. Scott has also been an active and engaged investor across consumer and finance industries and at an early age of 23 listed his first business in 2000 on the OFEX junior stock market, which was eventually sold in 2005. Scott is a member of YPO, Young Presidents Association, a serving member in various community charities and also serves as a non-executive on a number of boards.

Bhanu Choudrie – Director

Bhanu Choudhrie

Non-Exec Director

Bhanu Choudhrie founded C&C Alpha Group (CCAG) in 2002, a UK based holding company for a group of private investors with more than three decades of venture capital funding experience. CCAG has a diverse range of investments within hospitality, healthcare, real estate, utilities, aviation and cutting-edge technologies. Bhanu unites companies and clients with their strategic goals, providing investment strategy and insight to assist individuals to incubate and grow their businesses to maximise their business potential. He advises and sources deals in emerging markets such as India, Russia and South-East Asia as well as guiding on potential markets and giving clarity on new markets. Bhanu studied International Business and Marketing at Boston University before attending the Owner/Management Program at Harvard Business School. He was a Director of Customers Bancorp (NYSE: CUBI) in the United States for more than eight years and was also a member of the board for Atlantic Coast Financial Corp prior to its acquisition by Ameris Bancorp in 2018.