
What does the Aim 100 tell us about London’s junior equity market? Not a lot, many would argue. Like any numbered index, it is a blunt tool: a collection of the biggest stocks in a pool principally designed to fund companies further down the food chain. After all, the entry point for this year’s ranking – a market capitalisation of around £200m, up a tenth on 2018’s list – is normally a sign of a company with the assets and capital to stand on its own two feet.