v3.26.1
Financial liabilities at fair value through profit and loss (Details)
£ in Thousands
6 Months Ended
Jun. 30, 2026
GBP (£)
Jun. 30, 2026
$ / shares
shares
Dec. 31, 2025
shares
Financial liabilities at fair value through profit and loss      
Financial liabilities, Beginning balance £ 188,813    
New issuances 25,463    
In-kind interest paid and accrued 6,956    
Fair value movements (108,272)    
Conversions to ordinary shares (20,636)    
Exchange differences on translation 1,120    
Financial liabilities, Ending balance 93,444    
Number of warrants | shares   69,575,000 69,575,000
Number of shares entitled per public warrant | shares   0.1  
Number of warrants required to be exercised | shares   10  
Convertible Senior Secured Notes      
Financial liabilities at fair value through profit and loss      
Financial liabilities, Beginning balance 188,526    
New issuances 7,717    
In-kind interest paid and accrued 6,956    
Fair value movements (112,989)    
Exchange differences on translation 1,061    
Financial liabilities, Ending balance 91,271    
Convertible Preferred Shares      
Financial liabilities at fair value through profit and loss      
New issuances 17,746    
Fair value movements 4,634    
Conversions to ordinary shares (20,636)    
Exchange differences on translation 55    
Financial liabilities, Ending balance 1,799    
Warrants      
Financial liabilities at fair value through profit and loss      
Financial liabilities, Beginning balance 287    
Fair value movements 83    
Exchange differences on translation 4    
Financial liabilities, Ending balance £ 374    
Number of shares entitled per public warrant | shares   0.1  
Number of warrants required to be exercised | shares   10  
Exercise price per share | $ / shares   $ 115  
Public Warrants      
Financial liabilities at fair value through profit and loss      
Number of warrants | shares   15,264,935  
Convertible Notes Warrants      
Financial liabilities at fair value through profit and loss      
Number of warrants | shares   4,000,000