Annual Report and Accounts 2025
Accelerating growth
For over a decade since our IPO, we have been backing ambitious UK businesses and forging lasting partnerships. Our ability to invest between £100k and £20m across venture capital, debt and private equity has powered our growth, regional expansion and financial progress.
Non-executive Chair's statement
This marks our 10th anniversary as an AIM quoted company. It has been a challenging decade for the UK but despite this, Mercia has grown significantly since those early days, making meaningful strides in becoming the respected, profitable and cash generative business which it is today.
CEO's review
It is pleasing to note that since Mercia’s beginning as a quoted company on AIM, we have invested over £1.2billion across the UK into over 800 businesses and projects. In this financial year alone we have invested c.£284million into 165 businesses, making Mercia a leading domestic private capital asset manager, with a focus on Place-Based Impact Investing (PBII).
CFO's review
Mercia remains debt free with strong liquidity and has entered the new financial year with good momentum towards its Mercia ’27 objectives.
Mercia by numbers
Group AuM (FY24: £1.8bn)
Revenue (FY24: £30.4m)
EBITDA (FY24: £5.5m)
Net assets (FY24: £189.2m)
Proposed final dividend (FY24: 0.55p/share)
Cash (FY24: £46.9m)
Cash (FY24: £43.4p)
Driving growth across the regions
Why Mercia? Why now?
Mercia Asset Management PLC plays a vital role in the UK’s investment landscape, backing high-growth, ambitious regional businesses. With a strong track record and nationwide reach, Mercia is uniquely positioned to turn local innovation into national success.
In a recent chat, CEO Dr Mark Payton sat down with new Head of Institutional Distribution, Dean Heaney, to explore why Mercia presents such a compelling opportunity for institutional investors; from consistent performance and strong returns to real-world impact across the UK economy.
Annual Report and Accounts 2025
