Clear thinking,
straight talking

Clear thinking,
straight talking

River Thames and St Pauls

Trusted partner to businesses
with big ambitions

Trusted partner to businesses
with big ambitions

Bank of England

Full service
investment bank

Full service
investment bank


This website is communicated by Northland Capital Partners Limited (‘Northland’). Northland is authorised and regulated by the Financial Conduct Authority (‘FCA’) and is listed on the latter’s Register: under Firm Reference Number: 155200.  Northland is a wholly owned subsidiary of Sandfire Capital Inc. a private Canadian company.

Baden Hill is a trading name of Northland Capital Partners Limited, a member of the London Stock Exchange, which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales No 2617599 Registered office: 40 Gracechurch Street, London, EC3V 0BT.

There are pages on this website (‘relevant pages’) that relate to the services provided by Northland in the areas of stockbroking and investment banking (or which contain research prepared by Northland).  These services constitute designated investment business in respect of which Northland is authorised and regulated by the FCA.  These pages do not purport to give investment, legal, tax or other advice and are not to be relied on in making an investment or other decision.

The material in the relevant pages is directed solely at Eligible Counterparties and Professional Clients as those terms are defined by the rules of the FCA. The material is not directed at, may not be suitable for and should not be relied on by Retail Clients as such term is defined by the rules of the FCA. Northland does not provide investment advisery services to Retail Clients. By accessing the relevant pages you acknowledge that you are not a Retail Client.

The material in the relevant pages is not an offer or a solicitation to buy or sell any security.  Neither Northland nor any of its directors, officers, employees or agents shall have any liability, howsoever arising, for any error or incompleteness of fact or opinion in it or lack of care in its preparation or publication; provided that this shall not exclude liability to the extent that this is impermissible under the law relating to financial services.  All statements and opinions are liable to change without notice.

Northland, a director or employee of Northland or one or more of its associates, may from time to time have a position, or may have undertaken or may undertake an own account transaction, in a security or in a related security referred to in the relevant pages. Northland or one or more of its associates may from time to time have a broking, advisery or other relationship with a company the subject of or referred to in the material in the relevant pages, including acting as that company’s London Stock Exchange, Nominated Adviser (nomad) and/or as its broker and in providing corporate finance services, Research or other financial services.

The regulatory issues relating to Research are set out in the ‘Conflicts Management Policy‘, the ‘Research Disclaimer and Disclosures’ and the ‘Research Ratings and Methodology‘ documents in this section of the website.

Unless otherwise stated, all material on this website is copyright Northland Capital Partners Limited. Northland hereby asserts its rights under the Copyright, Designs and Patents Act 1988 to be identified as the author of this work. All rights to the material in this website are reserved to Northland. By using the pages of this website, and/or by reading the material within it, you agree that you will use the information only for your internal business purposes and that you will not otherwise download, copy, transmit or distribute in any way any of this material in whole or in part.

The display of any trade names or trademarks within this website should not be interpreted that any licence has been granted to any third-party in respect of the same.

This website contains hyperlinks that are provided for your information only. By clicking on such a hyperlink, you will leave this website and Northland is not responsible for and accepts no liability whatsoever for the content of any website that you access from such a hyperlink or for any reliance placed by you or any other person on the information contained therein.  Any such website may be subject to its own disclaimers and copyright restrictions.

The material on this website is designed for use by persons in the UK only and is not directed at, nor intended for distribution or use by, any person or entity in any jurisdiction or country where the publication or availability of this website or such distribution or use would be contrary to local law or regulation.  If you choose to access information on this website, it is your responsibility to comply with the applicable local, national or international laws and any use of this website outside the UK is entirely at your own risk. For guidance relating to your specific situation, please contact your legal adviser.  Northland accepts no responsibility whatsoever for any failure by a person resident outside the UK Kingdom to observe the foregoing.


Our Order Execution policy outlines all sufficient steps that we take to ensure that we achieve “Best Execution” for you, which means obtaining the best possible results for you when carrying out transactions on your behalf.

Please note that this information should not be seen as a prescriptive statement of how a particular order must be dealt with.

Download the policy document


This site uses cookies – small text files that are placed on your machine to help the site provide a better user experience. In general, cookies are used to retain user preferences, store information for things like shopping carts, and provide anonymised tracking data to third party applications like Google Analytics.

As a rule, cookies will make your browsing experience better. However, you may prefer to disable cookies on this site and on others. The most effective way to do this is to disable cookies in your browser. We suggest consulting the Help section of your browser or taking a look at the the About Cookies website which offers guidance for all modern browsers.

Data collected from website users is processed anonymously.  We only use cookies to monitor the performance of our website and to improve visitor experience.  The use of cookies on the Northland website is only permitted with the specific permission of the website user. If you choose not to accept our cookies, some of the features of our site may not work as well as intended.

We may collect non-personal identification information about visitors whenever they interact with our website. Non-personal identification information may include the browser name, the type of computer and technical information about visitors means of connection to our site, such as the operating system and the Internet service providers utilized and other similar information.

We do not sell, trade, or rent users personal identification information to others. We may share generic aggregated demographic information not linked to any personal identification information regarding visitors and users with our business partners, trusted affiliates and advertisers for the purposes outlined above.

Reasonable steps have been taken to protect this website by antivirus software but all visitors are advised to take all necessary steps to ensure that no virus contamination occurs. No responsibility can be accepted for any loss or damage sustained as a consequence of any virus transmission.


Northland Capital Partners Limited as at 31 March 2017 Pillar 3 Disclosure


Any cause for complaint regarding our services should be raised in the first instance with the individual you normally deal with at Northland.

If your complaint cannot be resolved immediately and to your satisfaction, please contact the Northland Compliance Officer, preferably in writing.  Provided you are an ‘eligible complainant’ under the Financial Conduct Authority rules, the Compliance Officer will have a duty to investigate and respond to you within 8 weeks.

If you are dissatisfied with our final response you are entitled to refer your complaint to the Financial Ombudsman Service: by post, Exchange Tower, London, E14 9SR, by email:, or by telephone: 020 7964 1000 and whose website is


Northland is covered by The Financial Services Compensation Scheme (‘FSCS’) which can, in certain cases (depending on the type of business and the circumstances of the claim) where an FCA regulated firm has ceased to do business and cannot meet its liabilities, give compensation. In relation to investments such compensation is currently limited to £50,000.  Further information is available from the FSCS, 10th Floor, Beaufort House, 15 St Botolph Street, London EC3A or  from their website:  Please note that this scheme is not normally available to clients categorised as Professional Clients or Eligible Counterparties under the Financial Conduct Authority rules.


The website and its contents are governed by English law and was last updated in February 2016.

Northland Capital Partners Limited is registered in England and Wales, registered company no: 2617599.  Registered office: 40 Gracechurch Street, London, EC3V 0BT.  VAT number: 100134690

Scroll Up