And the 2025 winners are: (not the late front runner, Octopus Apollo VCT, that now starts as odds-on favourite for 2026)

Most consistently useless: (3 years in a row)     

  

 

QUANTEXA Ltd


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Venture Capital Trust Managers:

JOINT WINNERS:        
ALBION CAPITAL GROUP llp
and
GRESHAM HOUSE ASSET MANAGEMENT Ltd


Not only for false filings for "their own" VCTs but outright incompetence for investments where they charge for putting one-of-their-own on the Board and then fail to carry out their statutory duties (see Quantexa, Elliptic Enterprises and Preservica as just a few examples of the dogs). Do note that Richard Seewald pops up again as a Director of Elliptic along with the miscreants at Octopus - "pass the parcel" anyone?

The one thing that is crystal clear is that no Investment Manager can ever be trusted to be Company Secretary - let alone sole "executive" - of any listed company. As for GH taking fees and subcontracting the work to skim more fees ... all Directors are certainly negligent and must be outright muppets as they retain all statutory liability.

Ongoing investigations show that "Gresham House" is beginning to take on a life of its own - try looking at the latest 30.09.25 audited lists of the Baronsmead VCT investments that include £125m invested in other GH funds that in turn invest in other GH funds.  
That is a staggering 35% of all investments! What a con. Do HMRC know? 
 
Will the GH VCTs turn out to be the ultimate proof of the PONZI scam of "Fees, Fees, Fees"? 
Will/should subscribers to the new prospectus get any tax relief at all?

"Trebles all round" as Private Eye would say.




........................................................................

Entities that simply need to be extinguished as soon as possible to protect investors and the public:

Octopus Titan Vct plc
and
Octopus AIF Management Ltd


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NB: The winners of last year's inaugural awards continue to hold their record with particular emphasis on KPMG llp and ICAEW for continuing offences under the Perjury Act by deliberate falsification of the Register of Statutory Auditors for over 500 individuals. https://vote4miscreants.blogspot.com/





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