U.K. Undiscovered Gems With Strong Fundamentals

Amicorp FS (UK)

Market Cap: US$123.7m

Provides fund administration, business process outsourcing, and governance and compliance services for investment funds, asset managers, and family offices in the United Kingdom.

Audioboom Group

Market Cap: UK£100.7m

A podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States.

London Security

Market Cap: UK£416.8m

An investment holding company, manufactures, sells, and rents fire protection equipment in the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark, and Luxembourg.

Goodwin

Market Cap: UK£1.0b

Provides mechanical and refractory engineering solutions in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally.

Georgia Capital

Market Cap: UK£1.2b

A private equity and venture capital firm specializing in early stage, organic growth and acquisitions.

Andrews Sykes Group

Market Cap: UK£215.6m

An investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, Rest of Europe, the Middle East, Africa, and internationally.

BioPharma Credit

Market Cap: US$1.1b

An investment trust, primarily invests in interest-bearing debt assets.

Foresight Environmental Infrastructure

Market Cap: UK£473.8m

John Laing Environmental Assets Group Limited is a fund of John Laing Capital Management Limited.

Distribution Finance Capital Holdings

Market Cap: UK£93.5m

An investment holding company, personal savings and commercial lending banking business in the United Kingdom.

FW Thorpe

Market Cap: UK£297.4m

Designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, Germany, rest of Europe, and internationally.

Vectron Systems

Market Cap: €113.9m

Provides POS systems, POS software, and digital and cloud based services worldwide.

MS INTERNATIONAL

Market Cap: UK£272.7m

Engages in the design, manufacture, construction, and servicing various engineering products and structures in the United Kingdom, Europe, the United States of America, Asia, South America, and internationally.

Science Group

Market Cap: UK£240.1m

A services and systems company, operates in the science, technology, and engineering applications in the United Kingdom, rest of European Countries, North America, Asia, and internationally.

Helios Underwriting

Market Cap: UK£145.9m

Provides a limited liability investment for its shareholders in the Lloyd’s insurance market in the United Kingdom.

Integrated Diagnostics Holdings

Market Cap: US$341.8m

A consumer healthcare company, provides medical diagnostics services to patients.

Iofina

Market Cap: UK£92.1m

Explores for, develops, and produces iodine and halogen-based specialty chemical derivatives from oil and gas operations in North America, Asia, South America, Europe, and internationally.

B.P. Marsh & Partners

Market Cap: UK£241.2m

Invests in early-stage and SME financial services intermediary businesses in the United Kingdom and internationally.

Bioventix

Market Cap: UK£87.5m

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide.

Ramsdens Holdings

Market Cap: UK£140.7m

Engages in the provision of diversified financial services in the United Kingdom and internationally.

Amcomri Group

Market Cap: UK£107.2m

Engages in the engineering and industrial manufacturing businesses in the United Kingdom.

City of London Investment Group

Market Cap: UK£213.9m

City of London Investment Group PLC is a publically owned investment manager.

TruFin

Market Cap: UK£124.8m

Provides niche lending, early payment services, and video game publishing in the United Kingdom.

Dar Global

Market Cap: US$1.4b

Engages in the development and sale of real estate projects in the United Kingdom and internationally.

Spectra Systems

Market Cap: UK£83.4m

Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally.

IDOX

Market Cap: UK£348.3m

Through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally.

Quartix Technologies

Market Cap: UK£128.4m

Designs, develops, markets, and delivers vehicle telematics services in the United Kingdom, France, the United States, and other European Territories.

Tribal Group

Market Cap: UK£120.1m

Through its subsidiaries, provides software and services to education institutions internationally.

Hargreaves Services

Market Cap: UK£231.2m

Provides environmental and industrial services in the United Kingdom, Europe, Hong Kong, and internationally.

Optima Health

Market Cap: UK£205.0m

Provides occupational health and wellbeing services for the public and private sectors in the United Kingdom.

Personal Group Holdings

Market Cap: UK£123.3m

Engages in the provision of employee services and salary sacrifice technology products in the United Kingdom.

Fonix

Market Cap: UK£155.7m

Provides mobile payments and messaging, and managed services for media, charity, gaming, e-mobility, and other digital service businesses in the United Kingdom and the rest of Europe.

AltynGold

Market Cap: UK£288.4m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Mincon Group

Market Cap: UK£125.4m

Engages in designing, manufacturing, selling, and servicing of c and associated products in Ireland, the Americas, Europe, Australasia, the Middle East, and Africa.

Avingtrans

Market Cap: UK£219.1m

Provides engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide.

Metals Exploration

Market Cap: UK£405.3m

Metals Exploration plc identifies, acquires, explores, and develops mining and processing properties in the United Kingdom, the Philippines, and Nicaragua.

James Halstead

Market Cap: UK£553.8m

Manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally.