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The original FlatCap dates from 1994 and was replaced by the FlatCap 2 in 2000, so its age matters here. At £157, though, it is a strong deal: that is below the £197 25th-percentile mark from 13 comparable listings, and well under the £242 median.
It remains a worthwhile buy for owners of compatible Olive-era Naim gear such as the NAC 92, Nait 3 or CD3.5, bringing the extra regulated power supply that gives those components their characteristic pace and drive. At this price, it is a sensible route into the Naim upgrade ecosystem, provided the listing includes the correct SNAIC and mains lead. Because this is an older supply, confirm that it powers up quietly and has not suffered from age-related capacitor or service issues; even allowing for that, £157 leaves useful headroom.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.
Naim Audio, a cornerstone of British hi-fi excellence, traces its origins to 1973 when Julian Vereker, a self-taught engineer, racing driver, and music enthusiast, formally incorporated the company in Salisbury, Wiltshire. Vereker's journey began earlier, in 1969, experimenting with tape recording and sound-to-light boxes before designing his first power amplifier in 1971. Amid the British hi-fi industry's recession, he secured a pivotal contract with Capital Radio, blending entrepreneurial grit with a passion for authentic sound reproduction that challenged conventional wisdom.
The brand specializes in premium integrated amplifiers, power amplifiers, preamplifiers, digital streamers, DACs, and compact music systems, often featuring built-in amplification for streamlined setups. While not delving into speakers—beyond a historical foray—or headphones and turntables, Naim emphasizes modular, upgradable components that prioritize pace, rhythm, and timing (PRaT), a signature sonic philosophy rooted in the "source first" approach alongside contemporaries like Linn.
Naim holds a commanding position in the high-end market, revered by discerning audiophiles for its handmade, innovative systems that deliver emotional musical engagement over mere specifications. Now part of VerVent Audio Group following a 2011 merger with Focal, it exports to over 45 countries, sustaining a cult following for resilient, influential designs that transcend economic cycles.
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