NAHL Group
NAH · AIM · Industrial Goods and Services · mcap £18m · 44.6p
NAHL runs National Accident Law, which handles personal injury claims for consumers, and Bush & Co, which provides case management and expert witness services in critical care. It also owned Searches UK, a small property searches business, now sold.
Positive 30 Sep 2026
Board exploring strategic options to accelerate value and reviewing capital allocation policyBoard acknowledges disconnect with valuation; Searches UK sold and net cash expected, leaving scope for capital returns or further disposals. 30 Sep 2026 7 May 2026
Positive 30 Sep 2026
Guidance raised: profit and cash materially above market expectations after £1.85m settlementOutlook firmed from in line to materially higher than expectations following contract dispute settlement. 30 Sep 2026
Positive 30 Sep 2026
Net debt cut to £1.1m, net cash expected by end October 2026Deleveraging from £21.0m peak in 2019 to first net cash since 2014 IPO. 30 Sep 2026
Negative 30 Sep 2026
Lombard Odier holding fell from 18.84% to 9.29%Large long-term holder has roughly halved its stake since 2023. 30 Sep 2026
- 2026-10-08 disposal · £1.234m – Completed sale of Searches UK on cash and debt-free basis 8 Oct 2026
- 2026-08-27 disposal · £1.234m – Sale of Searches UK to TM Group at enterprise value £1.234m; proceeds to repay RCF 27 Aug 2026
- 2026-05-07 debt refinancing · £8.5m – RCF reduced from £11m to £8.5m facility, extended to 31 December 2027 7 May 2026
- 2024-03-08 debt refinancing · £15m – RCF renewed with Clydesdale/Virgin Money, maturity extended to 31 Dec 2025, limit cut to £15m 8 Mar 2024
From the company's own announcements · not investment advice
Company filings. Not investment advice.