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About the company
Onward Opportunities Limited is a Guernsey-based non-cellular (closed-ended) company. The Company’s investment objective is to seek to generate risk-adjusted absolute returns for Shareholders through investments in United Kingdom smaller companies. The Company’s portfolio manager is Dowgate Wealth Limited.
- Revenue in GBP (TTM)3.76m
- Net income in GBP3.17m
- Incorporated2023
- Employees0.00
- LocationOnward Opportunities Limited1 Royal Plaza, Royal AvenueSAINT PETER PORT GY1 2HLGuernseyGGY
- Websitehttps://www.onwardopportunities.co.uk/
Profile
| Management group(s) | FundRock Management Company (Guernsey) Limited |
|---|---|
| AIC sector | UK Smaller Companies |
| ISIN | GG00BMZR1514 |
| Launch date | 30 Mar 2023 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The Company will seek to generate risk-adjusted absolute returns for Shareholders through investments in UK smaller companies.The Company will seek to achieve its investment objective by investing primarily in equity and equity-related securities of UK smaller companies that are predominantly listed or admitted to trading on markets operated by the London Stock Exchange, and where it is considered that there is a material potential valuation upside that can be delivered from catalysing strategic, operational or management initiatives.
Managed by
| Jay Patel, Tom Teichman, Laurence Hulse, Mark Chadwick, David Poutney |
|---|
Management & contract fees
The Portfolio Manager recieves 1.5% of NAV upto and including GBP 50M and 1% of NAV above GBP 50M. A Performance Fee shall be payable which shall equal 12.5% of the Excess Return Amount.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| LMS Capital PLC | -5.42m | -7.43m |
| Develop North PLC | 1.72m | 861.00k |
| Premier Miton Global Renewabls Trust PLC | -2.75m | -4.43m |
| Macau Property Opportunities Fund Ltd | -12.02m | -11.75m |
| Jarvis Securities Plc | 12.21m | 3.10m |
| Worthington Group plc | -100.00bn | -100.00bn |
| ICG Longbow Snr Sec UK Prop Dt Inv Ltd | 4.95m | -24.88m |
| Onward Opportunities Ltd | 3.76m | 3.17m |
| Dunedin Enterprise Investment Trust Plc | 2.00m | 1.56m |
| Puma Alpha VCT PLC | -3.19m | -4.13m |
| Golden Prospect Precious Metals Ltd. | 7.06m | 6.10m |
| NB Distressed Debt Investment Fund Ltd | 2.44m | -2.01m |
| STM Group Plc | 28.08m | 417.00k |
| Ecofin US Renewables Infrstctr Trust PLC | -3.24m | -5.06m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Dowgate Wealth Ltd.as of 26 Mar 2024 | 9.07m | 44.99% |
| GPIM Ltd.as of 05 May 2023 | 770.00k | 3.82% |
