Investment Trusts

River UK Micro Cap Limited

RMMC:LSE

River UK Micro Cap Limited

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  • Price (GBX)252.00
  • Today's Change0.00 / 0.00%
  • Shares traded31.80k
  • 1 Year change+42.78%
  • Beta0.9233
Data delayed at least 20 minutes, as of Feb 19 2026 16:38 GMT.
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About the company

River UK Micro Cap Limited, formerly River and Mercantile UK Micro Cap Investment Company Limited, is a closed-ended investment company. The Company's investment objective is to achieve long term capital growth from investment in a diversified portfolio of United Kingdom micro-cap companies, typically comprising companies with a free float market capitalization of less than £100 million at the time of purchase. The number of holdings in the portfolio may usually range between 30 and 50. It may, from time to time, take sizable positions in portfolio companies. However, in such circumstances, it does not normally intend to hold more than 25% of the capital of a single investee company at the time of investment. It may invest in other investment funds, including listed closed-ended investment funds, to gain investment exposure to the United Kingdom micro-cap companies. Carne Global AIFM Solutions (C.I.) Limited is its alternative investment fund manager.

  • Revenue in GBP (TTM)16.65m
  • Net income in GBP15.34m
  • Incorporated2014
  • Employees0.00
  • Location
    River UK Micro Cap Limited1 BNP Paribas House, St Julian's AvenueSAINT PETER PORT GY1 1WAGuernseyGGY
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Profile

Management group(s)River Global Investors LLP
AIC sectorUK Smaller Companies
ISINGG00BNDMJP11
Launch date02 Dec 2014
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To achieve long term capital growth from investment in a diversified portfolio of UK micro-cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase. The Company invests in a diversified portfolio of UK micro-cap companies. It is expected that the majority of the Company’s investible universe will comprise companies whose securities are admitted to trading on AIM.

Managed by

George Ensor

Management & contract fees

Management fee 0.75% p.a. of NAV is payable monthly. Contract terminable on six months' notice. A performance fee equal to 15% of outperformance.

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)
VietNam Holding Ltd756.69k-2.11m75.67m0.00--1.07--100.00-0.097-0.0970.03053.710.0079--0.7772---2.2015.26-2.2115.40-135.5590.14-279.2484.70----0.000.00-96.68---110.75------
Geiger Counter Ltd20.17m17.11m79.15m0.004.451.05--3.930.16960.16960.15560.71660.2216------18.8015.5521.7817.7891.6292.8984.8683.59--28.520.11360.00334.8077.27247.16101.67----
Marwyn Value Investors Ltd24.87m24.86m80.00m2.50k3.120.6229--3.220.44810.44810.44822.250.212----9,947.8621.208.4121.228.4299.9799.9799.9799.97----0.001--283.98--284.10------
EPE Special Opportunities Ltd-3.69m-7.55m80.34m0.00--0.5945-----0.247-0.247-0.1323.01-0.0344-------7.02-0.026-7.34-0.0267--54.52---0.8242---6.300.1529--10.70-36.32120.59-70.45----
Maven Renovar VCT PLC-2.47m-6.55m80.64m0.00--0.8526-----0.0443-0.0443-0.01690.6686-0.0216-------5.73-6.40-5.77-6.44-----------42.070.00--100.05-74.1893.44----16.32
Aquila European Renewables PLC-30.22m-34.08m81.26m----0.3331-----0.0901-0.0901-0.07990.6451-0.1119-------12.621.08-12.691.11--61.64--48.37---19,512.000.00428.78-2.41--0.5251----27.90
Value and Indexed Property IncomTrstPLC11.21m1.16m81.73m0.0072.970.9521--7.290.02770.02770.2662.120.075--4.59--0.7751.380.79241.4270.0150.9010.3328.59----0.3553237.28606.35--178.69----0.491
Maven Income and Growth VCT 4 PLC123.00k-2.53m84.04m0.00--0.908--683.28-0.0172-0.01720.00080.56720.0014--0.1077---2.851.92-2.861.93-1,685.3743.85-2,059.3533.29----0.00170.84440.069.48151.8913.72---1.28
River UK Micro Cap Ltd16.65m15.34m84.35m0.005.571.01--5.070.45280.45280.49142.490.2171--33.99--20.006.0620.056.1195.4183.8292.1076.25--15,036.010.000.0064.9110.7371.7314.49----
abrdn Diversified Income and Growth PLC-38.77m-45.72m86.76m0.00--0.5719-----0.1518-0.1518-0.12870.5036-0.2142-------25.250.602-25.750.61--39.07--17.62----0.00675.54-13.26-16.89-1,122.41-----8.86
Foresight Ventures VCT PLC-3.80m-7.02m88.96m0.00--0.9477-----0.0564-0.0564-0.0330.9075-0.0448-------8.27-3.03-8.34-3.06------------0.00---165.81---89.26-----1.02
InvestAcc Group Ltd8.56m-1.62m89.45m1.00--2.37--10.45-0.0307-0.03070.18280.7650.2783--8.838,562,910.00-5.26---6.41--90.67---18.90------0.1215------15.78------
New Star Investment Trust plc3.99m2.87m90.20m0.0031.430.7446--22.610.04040.04040.05621.710.0307--11.70--2.215.102.225.1181.4089.8071.9585.18----0.0029.92-74.868.73-80.4525.88--20.45
Schroders Capital Global Innvtn Trst PLC3.61m1.42m91.49m0.0074.610.6723--25.320.00190.00190.00440.21420.0206--5.83--0.8069-15.840.8165-16.9675.51--39.25------0.00---50.98---45.96------
Amicorp FS (UK) PLC13.17m1.72m91.67m218.0053.5017.6245.036.960.01920.01920.14650.05821.60--7.1881,536.7020.88--27.49--90.28--13.03------0.0502--6.81--147.35------
Data as of Feb 19 2026. Currency figures normalised to River UK Micro Cap Limited's reporting currency: UK Pound GBX

Institutional shareholders

46.62%Per cent of shares held by top holders
HolderShares% Held
West Yorkshire Pension Fundas of 30 Sep 20253.34m9.96%
River Global Investors LLPas of 30 Sep 20253.09m9.20%
Hargreaves Lansdown Asset Management Ltd.as of 30 Sep 20252.67m7.96%
CG Asset Management Ltd.as of 30 Jan 20261.98m5.89%
Asset Value Investors Ltd.as of 07 Aug 20251.66m4.94%
Evelyn Partners Investment Management LLPas of 27 Jan 20251.63m4.86%
Janus Henderson Investors UK Ltd.as of 31 Dec 2025500.00k1.49%
Saba Capital Management LPas of 02 Feb 2026291.61k0.87%
RM Capital Markets Ltd.as of 31 Dec 2025250.00k0.75%
Unicorn Asset Management Ltd.as of 31 Jan 2026235.00k0.70%
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Data from 31 Mar 2025 - 02 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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