Financial risk management and impairment of financial assets (Tables)

6 Months Ended

Jun. 30, 2026

Financial risk management and impairment of financial assets

Summary of maturity analysis


				Between 2 and 5		After more than
June 30, 2026		Within 1 year		years		5 years		Total
		£ 000		£ 000		£ 000		£ 000
Trade and other payables		34,963		—		—		34,963
Lease liabilities		1,056		2,187		241		3,484
Convertible senior secured notes		—		124,587		—		124,587
		36,019		126,774		241		163,034

December 31, 2025
Trade and other payables		33,459		—		—		33,459
Lease liabilities		1,121		2,364		326		3,811
Convertible senior secured notes		—		108,755		—		108,755
		34,580		111,119		326		146,025