October 2025 UK Penny Stocks With Growth Potential

The United Kingdom’s stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices experiencing declines due to weak trade data from China, highlighting global economic uncertainties. Despite these broader market concerns, investors often seek opportunities in niche areas such as penny stocks, which can offer potential growth when selected carefully. While the term “penny stocks” may seem outdated, it remains relevant for identifying smaller or newer companies that combine affordability with promising financial health.

Click here to see the full list of 294 stocks from our UK Penny Stocks screener.

We’ll examine a selection from our screener results.

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

Overview: Anglo Asian Mining PLC, with a market cap of £228.68 million, owns and operates gold, silver, and copper producing properties in the Republic of Azerbaijan.

Operations: The company generates $67.14 million in revenue from its mining operations.

Market Cap: £228.68M

Anglo Asian Mining has shown significant production growth with copper, gold, and silver outputs increasing notably over the past year. Despite being unprofitable with a negative return on equity of -12.16%, the company reported improved sales and net income for the first half of 2025 compared to losses in 2024. Its debt is well-covered by operating cash flow, and short-term assets exceed liabilities, indicating financial stability. The share price remains volatile but trades below estimated fair value, while no meaningful shareholder dilution has occurred recently. The board is experienced with an average tenure of 16.2 years.

• Unlock comprehensive insights into our analysis of Anglo Asian Mining stock in this financial health report.

• Examine Anglo Asian Mining’s earnings growth report to understand how analysts expect it to perform.

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

Overview: Solid State plc, with a market cap of £90.95 million, designs, manufactures, distributes and supplies electronic equipment across the United Kingdom, Europe, Asia, North America and other international markets.