While others are still waiting for the winds to shift, Cavendish Plc (LON:CAV) is quietly delivering results. In this interview, analyst Jason Streets breaks down why Cavendish’s strong balance sheet, strategic positioning, and merger execution make it a standout in the UK’s challenged small-cap advisory space. With £20 million in cash, a stable dividend, and valuation upside to 18p, investors may want to look closer before the broader market catches on.

Cavendish Plc is a UK investment bank focused on companies with market caps under £1 billion. Formed from the 2023 merger of FinnCap and Cenkos, it operates across public and private markets, advising on capital raising, M&A, and providing research and trading services. Its revenue comes from advisory fees, trading income, and recurring retainers — a blend that offers both stability and upside in cyclical markets.