Flagged for distress today. Tone trajectory is stable ( → → ahead → ahead); last update 2026-06-23. Macro backdrop: recovery.
Flagged for distress today. Tone trajectory is stable ( → → ahead → ahead); last update 2026-06-23. Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Not flagged | Mixed signals — not flagged on either side. 1 of 4 channels active. 1 of 1 channels in agreement | tone 35.0 · broker — · director — · sector 24.5 |
| Tone trajectory | stable | Tone has been stable. most recent 2026-06-23 · 3 statements in last 180d | |
| Distress | Flagged | Distress flagged. What's firing: likely. Archetype: default. RNS 2026-06-23: covenant breach (high) [+20]RNS 2026-06-24: restructuring (medium) [+8]RNS 2026-06-24: debt for equity (medium) [+2]AR FY2025: material uncertainty over going concern: "the Group's depen… | |
| Promotional language | Not flagged | RNS language is not unusually promotional. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Broker actions — last 90 days | |||
| — | None | No broker rating changes in the last 90 days. | |
| Director deals — last 90 days | |||
| — | None | No director deals in the last 90 days. | |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (91% confidence). | See macro indicators → |
Mixed signals — not flagged on either side. 1 of 4 channels active.
1 of 1 channels in agreement
Tone has been stable.
most recent 2026-06-23 · 3 statements in last 180d
Distress flagged.
What's firing: likely. Archetype: default.
RNS language is not unusually promotional.
Narrative consistent with historical baseline.
No broker rating changes in the last 90 days.
No director deals in the last 90 days.
Flagged for distress today. Tone trajectory is stable ( → → ahead → ahead); last update 2026-06-23. Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Not flagged | Mixed signals — not flagged on either side. 1 of 4 channels active. 1 of 1 channels in agreement | tone 35.0 · broker — · director — · sector 24.5 |
| Tone trajectory | stable | Tone has been stable. most recent 2026-06-23 · 3 statements in last 180d | |
| Distress | Flagged | Distress flagged. What's firing: likely. Archetype: default. RNS 2026-06-23: covenant breach (high) [+20]RNS 2026-06-24: restructuring (medium) [+8]RNS 2026-06-24: debt for equity (medium) [+2]AR FY2025: material uncertainty over going concern: "the Group's depen… | |
| Promotional language | Not flagged | RNS language is not unusually promotional. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Broker actions — last 90 days | |||
| — | None | No broker rating changes in the last 90 days. | |
| Director deals — last 90 days | |||
| — | None | No director deals in the last 90 days. | |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (91% confidence). | See macro indicators → |
Mixed signals — not flagged on either side. 1 of 4 channels active.
1 of 1 channels in agreement
Tone has been stable.
most recent 2026-06-23 · 3 statements in last 180d
Distress flagged.
What's firing: likely. Archetype: default.
RNS language is not unusually promotional.
Narrative consistent with historical baseline.
No broker rating changes in the last 90 days.
No director deals in the last 90 days.