Investment Trusts

Northern Venture Trust

NVT:LSE

Northern Venture Trust

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  • Price (GBX)57.00
  • Today's Change0.00 / 0.00%
  • Shares traded6.00k
  • 1 Year change0.00%
  • Beta-0.0566
Data delayed at least 20 minutes, as of Feb 25 2026 08:55 GMT.
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About the company

Northern Venture Trust PLC is a United Kingdom-based venture capital trust (VCT). The Company's principal activity is making of long-term equity and loan investments, mainly in unquoted companies. The Company’s objective is to provide long-term tax-free returns to investors through a combination of dividend yield and capital growth, by following its strategy of investing primarily in unquoted United Kingdom businesses. It invests mainly in unquoted venture capital holdings and aims to provide long-term tax-free returns to shareholders through a combination of dividend yield and capital growth. The Company primarily invests in various sectors, including software / electronics, healthcare / biotechnology, consumer services and industrial / manufacturing. Its investment adviser is Mercia Fund Management Limited.

  • Revenue in GBP (TTM)11.42m
  • Net income in GBP8.08m
  • Incorporated1995
  • Employees0.00
  • Location
    Northern Venture TrustTime Central, 32 GallowgateNEWCASTLE UPON TYNE NE1 8AFUnited KingdomGBR
  • Phone+44 191 244 6000
  • Fax+44 191 244 6001
  • Websitehttps://nvm.co.uk/
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Profile

Management group(s)Mercia Fund Management Limited
AIC sectorVCT
ISINGB0006450703
Launch date01 Nov 1995
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Company’s objective is to provide long-term tax-free returns to investors through a combination of dividend yield and capital growth, by following its strategy of investing primarily in unquoted UK businesses which meet the Investment Adviser’s key criteria of good growth potential, strong management and potential to generate cash in the medium to long term.

Managed by

Peter Dines

Management & contract fees

Management fee of 2.06% p.a. of NAV. Performance fee is 15% of the total return in excess of a hurdle rate. The agreement may be terminated by not less than 12months notice.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Baker Steel Resources Trust Ltd26.74m24.89m128.28m0.005.171.16--4.800.23380.23380.25121.040.2704--69.01--25.183.6325.233.6495.5975.1293.1065.52----0.000.001,818.99-4.79673.19-5.52----
Strategic Equity Capital PLC20.63m17.71m128.42m0.009.290.9279--6.230.39510.39510.46963.960.1303--78.74--11.199.3811.219.4593.9692.2885.8688.03----0.007.82-101.79---109.95----27.73
Ramsdens Holdings PLC116.80m11.89m129.42m836.0011.192.068.061.110.35740.35743.541.941.351.626.74139,717.7013.7710.0117.9913.0451.9854.2210.188.661.6219.380.213341.3222.17--43.35------
Northern 3 VCT PLC10.53m7.47m133.07m0.0016.440.9361--12.640.05080.05080.07120.8920.0804------5.718.045.728.0776.2079.5070.9975.41----0.0073.3371.84--128.97----2.38
Blackrock Latin Amercn Invstmnt Trst PLC18.12m15.90m133.11m0.008.371.12--7.350.53980.53980.61534.040.1496------13.12-6.7714.01-7.2392.39--87.73------0.00---210.08---222.76-----7.59
Blackrock American Income Trust PLC12.28m10.95m133.98m0.0010.711.03--10.910.22180.22180.19552.300.0855--41.47--7.6310.237.7010.4695.4593.9489.2389.09--11,289.000.0039.57-50.29---51.47----7.90
Northern 2 VCT plc11.56m8.23m136.31m0.0014.760.9391--11.790.03620.03620.04980.56970.0868--28.94--6.187.976.198.0176.6179.1371.1574.56----0.0083.32111.07--193.75-----3.04
Northern Venture Trust plc11.42m8.08m137.47m0.0014.320.9388--12.040.03980.03980.05470.60710.0908--33.73--6.43--6.44--75.74--70.75------0.00--98.45--163.71------
Aberforth Geared Value & Income Trst PLC8.71m4.10m139.13m0.0022.640.9219--15.980.03820.03820.08120.93830.0602--13.65--2.84--2.84--85.63--47.13------0.3052--------------
Duke Capital Ltd16.98m4.78m140.20m--28.890.7888--8.260.00950.00950.03480.34860.0655--21.57--1.847.271.857.3149.0580.8028.1755.26--5.860.334471.80-40.52---82.73------
Fair Oaks Income Ltd17.38m16.51m140.93m0.005.410.4908--8.110.08880.08880.09790.97790.1001------9.517.219.527.2397.5897.8694.9795.45----0.00312.378.13--8.65-----6.70
Peel Hunt Ltd111.89m4.70m141.84m287.0034.191.4116.621.270.03380.03380.9180.82030.1699--0.204389,853.700.61924.363.5426.03----3.6524.93--4.720.1767--6.38-0.903314.78--0.2092--
CT UK High Income Trust PLC18.75m16.66m143.76m0.008.261.12--7.670.1440.1440.16221.070.1395--8.67--12.399.8814.1810.7591.6290.1088.8287.41----0.109947.4621.65--25.14----2.20
CQS Natural Rsrcs Grwth Inc PLC10.20m5.73m144.53m0.0044.031.84--14.170.08880.08880.15812.130.0675--19.41--3.7913.674.1715.4375.4990.1456.1784.90----0.061923.57-23.31---37.21----7.47
Proven Growth and Income VCT PLC5.07m1.11m146.36m0.00135.010.9244--28.870.00340.00340.01620.49220.0315--11.89--0.69172.320.69432.3437.3853.2521.9545.28----0.00192.40-110.96---153.75------
Majedie Investments plc14.88m11.97m146.81m0.0012.270.923--9.860.22580.22580.28083.000.0894--7.86--7.196.747.716.9787.8584.9580.4274.73----0.0046.84-52.39---56.47-----5.92
Data as of Feb 25 2026. Currency figures normalised to Northern Venture Trust's reporting currency: UK Pound GBX
Data Provided by LSEG
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