3 UK Penny Stocks With Market Caps Under £2B

Simply Wall St

The UK market has been experiencing some turbulence, with the FTSE 100 and FTSE 250 indices closing lower amid concerns over weak trade data from China, highlighting challenges in global economic recovery. Despite these broader market fluctuations, investors continue to seek opportunities in various sectors. Penny stocks, though sometimes considered a relic of past trading days, remain an intriguing area for potential growth. These smaller or newer companies can offer significant returns when supported by strong financial health.

Top 10 Penny Stocks In The United Kingdom

NameShare PriceMarket CapRewards & Risks
Foresight Group Holdings (LSE:FSG)£4.67£522.84M✅ 4 ⚠️ 0 View Analysis >
Warpaint London (AIM:W7L)£3.20£258.52M✅ 4 ⚠️ 2 View Analysis >
FDM Group (Holdings) (LSE:FDM)£1.302£142.33M✅ 2 ⚠️ 4 View Analysis >
Van Elle Holdings (AIM:VANL)£0.415£44.9M✅ 4 ⚠️ 3 View Analysis >
RWS Holdings (AIM:RWS)£0.892£329.84M✅ 5 ⚠️ 2 View Analysis >
LSL Property Services (LSE:LSL)£2.70£277.55M✅ 4 ⚠️ 1 View Analysis >
Alumasc Group (AIM:ALU)£3.385£121.73M✅ 4 ⚠️ 3 View Analysis >
Begbies Traynor Group (AIM:BEG)£1.20£191.01M✅ 4 ⚠️ 3 View Analysis >
Croma Security Solutions Group (AIM:CSSG)£0.775£10.67M✅ 2 ⚠️ 3 View Analysis >
Braemar (LSE:BMS)£2.35£72.22M✅ 3 ⚠️ 4 View Analysis >

Click here to see the full list of 298 stocks from our UK Penny Stocks screener.

Let's explore several standout options from the results in the screener.

Angling Direct (AIM:ANG)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Angling Direct PLC, with a market cap of £37.24 million, operates in the sale of fishing tackle products and equipment across the United Kingdom, Europe, and internationally.

Operations: The company generates revenue through its UK Stores (£50.74 million), UK Online (£35.71 million), and Europe (£4.89 million) segments.

Market Cap: £37.24M

Angling Direct PLC, with a market cap of £37.24 million, has shown robust growth in the specialty retail sector despite industry challenges. Over the past year, earnings increased by 17.2%, outpacing both its 5-year average growth rate and the broader industry decline. The company is debt-free, reducing financial risk and ensuring stability in volatile markets. Short-term assets significantly exceed liabilities, indicating strong liquidity management. Recent executive changes include co-founder Martyn Page transitioning to Founder President in early 2026, which may influence strategic direction while maintaining his involvement with the company’s ongoing success and community engagement efforts.

AIM:ANG Financial Position Analysis as at Aug 2025

Alphawave IP Group (LSE:AWE)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Alphawave IP Group plc specializes in developing and selling wired connectivity solutions across several regions including North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom with a market capitalization of approximately £1.41 billion.

Operations: The company generates $307.59 million in revenue from its communications equipment segment.

Market Cap: £1.41B

Alphawave IP Group, with a market cap of £1.41 billion, is navigating significant changes as it faces an acquisition by Aqua Acquisition Sub LLC. Despite being unprofitable and having increased losses over the past five years, Alphawave maintains a satisfactory net debt to equity ratio of 35.1% and has enough cash runway for over three years based on current free cash flow trends. Its recent technological advancements in UCIe IP subsystems on TSMC's 2nm process highlight its commitment to innovation in semiconductor connectivity solutions, potentially enhancing its position within the open chiplet ecosystem despite impending delisting from the London Stock Exchange.

LSE:AWE Debt to Equity History and Analysis as at Aug 2025

Intuitive Investments Group (LSE:IIG)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Intuitive Investments Group Plc focuses on investing in early and later-stage life sciences businesses across the United Kingdom, continental Europe, and the United States, with a market cap of £246 million.

Operations: The company reported no classified revenue segments in its financial disclosures.

Market Cap: £245.96M

Intuitive Investments Group Plc, with a market cap of £246 million, focuses on life sciences investments and remains pre-revenue with reported earnings of £0.34 million for the half year ended March 31, 2025. Despite a recent follow-on equity offering raising £9.58 million, the company continues to face challenges due to its unprofitability and limited cash runway of two months based on free cash flow trends. The company's board is relatively inexperienced with an average tenure of two years, though it benefits from having no debt or long-term liabilities while maintaining short-term assets exceeding liabilities by a significant margin.

LSE:IIG Financial Position Analysis as at Aug 2025

Key Takeaways

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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