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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
- LocationNorthern Venture TrustTime Central, 32 GallowgateNEWCASTLE UPON TYNE NE1 8AFUnited KingdomGBR
- Phone+44 19 1244 6000Fax+44 19 1244 6001
- Websitehttps://nvm.co.uk/
Profile
| Management group(s) | Mercia Fund Management Limited |
|---|---|
| AIC sector | VCT Generalist |
| ISIN | GB0006450703 |
| Launch date | 01 Nov 1995 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
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
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Ramsdens Holdings PLC | 116.80m | 11.89m |
| Lindsell Train Investment Trust PLC | -5.92m | -7.56m |
| Shires Income plc | 20.11m | 17.97m |
| Northern 3 VCT PLC | 10.53m | 7.47m |
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| CQS Natural Rsrcs Grwth Inc PLC | 10.20m | 5.73m |
| Northern Venture Trust plc | 11.42m | 8.08m |
| Northern 2 VCT plc | 11.56m | 8.23m |
| Duke Capital Ltd | 16.98m | 4.78m |
| Aberforth Geared Value & Income Trst PLC | 8.71m | 4.10m |
| Blackrock Latin Amercn Invstmnt Trst PLC | 17.78m | 15.60m |
| CT UK High Income Trust PLC | 18.75m | 16.66m |
| Peel Hunt Ltd | 111.89m | 4.70m |
| UIL Ltd | 27.85m | 20.90m |
| Liontrust Asset Management PLC | 151.89m | 12.66m |
| Majedie Investments plc | 14.88m | 11.97m |
