Flagged for distress today. Tone trajectory is deteriorating ( → ahead → ahead → broadly_in_line); last update 2025-09-30. Macro backdrop: recovery.
Flagged for distress today. Tone trajectory is deteriorating ( → ahead → ahead → broadly_in_line); last update 2025-09-30. Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Not flagged | Mixed signals — not flagged on either side. 2 of 4 channels active. 1 of 2 channels in agreement | tone -30.0 · broker 0.0 · director — · sector 24.3 |
| Tone trajectory | deteriorating | Tone has been deteriorating. most recent 2025-09-30 · 3 statements in last 180d | |
| Distress | Flagged | Distress flagged. What's firing: likely. Archetype: distressed_microcap. cash down 55% YoYnegative equityRNS 2026-09-28: going concern (medium) [+8]AR FY2026: material uncertainty over going concern: "These conditions … | |
| 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. 2 of 4 channels active.
1 of 2 channels in agreement
Tone has been deteriorating.
most recent 2025-09-30 · 3 statements in last 180d
Distress flagged.
What's firing: likely. Archetype: distressed_microcap.
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 deteriorating ( → ahead → ahead → broadly_in_line); last update 2025-09-30. Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Not flagged | Mixed signals — not flagged on either side. 2 of 4 channels active. 1 of 2 channels in agreement | tone -30.0 · broker 0.0 · director — · sector 24.3 |
| Tone trajectory | deteriorating | Tone has been deteriorating. most recent 2025-09-30 · 3 statements in last 180d | |
| Distress | Flagged | Distress flagged. What's firing: likely. Archetype: distressed_microcap. cash down 55% YoYnegative equityRNS 2026-09-28: going concern (medium) [+8]AR FY2026: material uncertainty over going concern: "These conditions … | |
| 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. 2 of 4 channels active.
1 of 2 channels in agreement
Tone has been deteriorating.
most recent 2025-09-30 · 3 statements in last 180d
Distress flagged.
What's firing: likely. Archetype: distressed_microcap.
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.