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Companies›Deep tech›Northern Lithium Limited
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Company intelligence · Prepared from public filings

Northern Lithium Limited

ACTIVENo. 10923499Incorporated 18 Aug 2017StanhopeUK lithium extraction
Register data as of 27 Aug 2026
26 filings read · view all sources ↓
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Raised, filed rounds
£3.6m
Priced rounds
8
Peak step-up
60.0x
Peak implied valuation
£31.5m
Last allotment
Jul 2024
Exhibit 1

Implied valuation at each priced allotment, 2020 to 2024

Implied post-money, GBP · price per share beneath each point · from SH01 filings
£10k£100k£1.0m£10.0m2020202120222023202410 Jul 2020: £2k implied post-money at £0.01 per share25 Aug 2020: £375k implied post-money at £1.00 per share15 Sept 2020: £770k implied post-money at £2.00 per share29 Apr 2021: £4.1m implied post-money at £10.00 per share12 Dec 2021: £8.7m implied post-money at £20.00 per share31 Aug 2022: £24.3m implied post-money at £50.00 per share23 Jul 2023: £25.1m implied post-money at £50.00 per share16 Jul 2024: £31.5m implied post-money at £60.00 per share£2k£0.01/sh£4.1m£10.00/sh£8.7m£20.00/sh£24.3m£50.00/sh£25.1m£50.00/sh£31.5m£60.00/sh
Source: Companies House, forms SH01 filed by Northern Lithium Limited; Tero analysis. Each point is one filed allotment; click any point to open the underlying filing.
Exhibit 2

Funding rounds, as filed

AllottedShare classPrice / shareRaisedImplied post-moneyStep vs priorSource
16 Jul 2024Ordinary£60.00£1.1m£31.5m▲ 1.2xSH01 ↗
23 Jul 2023Ordinary£50.00£770k£25.1m· 1.0xSH01 ↗
31 Aug 2022Ordinary£50.00£733k£24.3m▲ 2.5xSH01 ↗
12 Dec 2021Ordinary£20.00£514k£8.7m▲ 2.0xSH01 ↗
29 Apr 2021Ordinary£10.00£250k£4.1m▲ 5.0xSH01 ↗
15 Sept 2020Ordinary£2.00£20k£770k▲ 2.0xSH01 ↗
25 Aug 2020Ordinary£1.00£175k£375k▲ 100.0xSH01 ↗
10 Jul 2020Ordinary£0.01£2k£2kfirstSH01 ↗
Total, 8 priced rounds£3.6m
Source: Companies House filing history, company 10923499. Every row links to the filed document it was read from. Prices and share counts as filed; implied post-money is price per share times shares in issue after the allotment.
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Methodology
Notes. Raised is the sum of shares allotted times price per share across priced allotments filed on form SH01. Peak step-up is the highest price per share divided by the first priced round. Implied post-money is price per share times shares in issue after the allotment: an approximation that ignores class rights and unexercised options. Allotments classified as option-scheme or nominal issues are excluded from the trajectory.
Primary documents
Every figure on this page is read from a document filed at Companies House and links to it. The full record is public: filing history of Northern Lithium Limited at Companies House ↗. Tero retains an archived copy of each parsed filing. Information, not investment advice.