On 6 October 2026 the administrators sold the Thatcham distribution centre (£12.9m), other assets (£1.1m) and the Crucial Trading and Concept Flooring brands and IP (£0.9m) to Likewise for £14.9m plus VAT. The assets' book value was c.£10.0m, and the sale has no outstanding conditions. Shareholders are unlikely to receive any return of capital.
Background
Administrators were appointed on 8 September 2026. The Netherlands businesses were sold on 27 August, and subsidiary Ceco (Flooring) went into administration on 30 September. Last-12-month revenue was £498.7m, with an operating loss of £63.5m.
What to watch
A further announcement on the FCA application to cancel the listing (Listing Rule 21.3.5R). Likewise will also sell the remaining inventory as agent over nine months.
Market
The shares are suspended, so there is no reaction. The last close, on 6 October, was 10.5p (market cap ~£8.4m).
On 28 September 2026 XP Factory sold Boom to F.O Twenty-Four Ltd for up to £11m (about a third of the ~£32.1m market cap): £5m cash upfront plus up to £6m of earn-outs over three years. Net debt falls to c.£3m. Boom's net book value was £21.3m at 29 March 2026.
Background
On 12 May the company reported resilience in tough markets, with underlying EBITDA marginally ahead of revised expectations. Final results followed on 7 September. Panmure Liberum became Nomad and broker on 29 April.
What to watch
Up to £1.5m of earn-out is payable in January 2027, based on calendar Q4 2026 sales. By end FY27 the group targets 28 UK sites, run-rate sales of at least £18.5m, central costs of no more than £4m and EBITDA of at least £4m.
Market
The shares closed at 18.0p before the announcement and at 18.0p on 29 September (+0.0%). They stood at 17.8p on 7 October.
On 6 Aug 2026 Wellnex agreed to sell Pain Away to Mentholatum (Rohto group): A$19.8m at completion plus an earn-out of up to A$1.5m, so up to A$21.3m in total. Proceeds will repay all borrowings of about A$10.2m. Market cap was ~£4.0m.
Background
In Feb 2026 the company disclosed unsolicited interest in the brand. Pain Away contributed A$13.38m revenue and A$4.36m EBITDA in FY25 (unaudited). Repayment of ~A$2.88m of loans to former directors was extended in April, then again to completion.
What to watch
General meeting on 8 Sept 2026 (AIM Rule 15 approval), with completion targeted on or shortly after approval. Also the board's decision on surplus cash, including a possible return of capital.
Market
Closed at 3.2p on 5 Aug and 5.5p on 7 Aug (+69.2%). Latest close (6 Oct): 5.5p.
FIH has exchanged conditional contracts to sell Momart to Compagnie Générale du Roumois for £7.6m in cash, about half its ~£15.0m market cap. Momart made an underlying pre-tax loss of £1.4m in the year to 31 March 2026 and had net assets of £2.1m.
Background
The board began a strategic review in the half-year accounts for the year to 31 March 2025. It sold the Portsmouth Harbour Ferry Company (2 March 2026) and updated on disposal returns and a further shareholder return (22 May 2026). Aggregated, the disposals count as a fundamental change of business under AIM Rule 15. Falkland Islands Company would be the only remaining division.
What to watch
The circular and the general meeting on 28 August 2026 at 2:00 p.m. (ordinary resolution). Completion is targeted for 30 September 2026. Proceeds are likely to be split between a shareholder return and retention in the Group.
Market
The share price rose from 107.5p to 135.0p at the next close (+25.6%). It was 130.0p on 7 October 2026.
Most significant: the size of an event against the company (market value, revenue), who is involved and what
happened before. Context is written by AI from the announcements and our data – check the source. Not investment advice.