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UK small-cap RNS · 14 Jan 2026

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

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  1. 07:00
    Third quarter trading update Trading update
    Record peak season trading and significant market share gains
    ahead of expectations3 business updates in 3 months – usually about 1 −5.9% on the day
  2. 07:00
    Full year trading update Trading update
    Full-year revenue of just over £0.4m is down from £1.0m, and Q4 sales were disappointing. The hoped-for 2026 recovery rests on partner indications and unsigned discussions.
    £0.4m · 100% of mcapoutlook mixed −12.5% on the day
    Moved: Cash runway and funding: Cash ~£1m vs £220k monthly costs → Cash £1.2m vs £220k monthly costs · new: Emerging market joint ventures – Negotiations underway at varying stages
  3. 07:00
    Trading Update and Dividend Declaration Trading update
    M Winkworth plc ("Winkworth" or the "Company"), the leading London franchisor of real estate agencies, announces the following trading update for the financial year ended 31 December 2025 ("FY25").
    below expectationsfirst since Oct 2023 −4.5% on the day
  4. 07:00
    Trading Update and Update on move to Main Market Trading update
    Not an upgrade: FY25 margin of ~34% is below the ~35% guided in October. Only the FY26 aim of a return towards 40% is restated, so guidance is not raised.
    Turnaround plan with targets outlook positive −3.0% on the day
    Moved: Progress to 45% Adjusted EBITDA margin over the plan period to end-2026.: on_track → changed – The 2026 margin aim is now 'towards 40%', short of the 45% plan target. · Main Market listing move: Committed; timing not yet given → Timetable set; admission 5 March 2026 · Growth Transformation Plan execution: Margin trimmed; revenue momentum building → FY25 margin ~34%; recovery to ~40% targeted 2026
  5. 07:00
    Hays HAS £938m
    Second Quarter Trading Statement Trading update
    This is the Q2 trading statement, but the announcement text only links to a PDF. No figures or outlook are given, so a direction cannot be judged from this text.
    −5.0% on the day
  6. 07:00
    Xaar XAR £130m
    Trading Statement Trading update
    Like-for-like revenue up 16.6% with printhead growth of 28.9% and gross margin gains; adjusted profit expected marginally ahead of expectations, though net cash fell to about £4.8m.
    £60.3m · 46% of mcapahead of expectationsoutlook positivefirst since Oct 2023 +7.8% on the day
    Moved: new: New applications beyond ceramics – Contributing to 2025 revenue; timing uncertain
  7. 07:00
    Full Year Trading Update Trading update
    Delivering against strategic objectives - FY25 revenue and pre-IFRS EBITDA
    in line +6.9% on the day
  8. 07:00
    Q4 FY25 Trading Update Trading update
    Cirata plc (LSE: CRTA) today provides an unaudited trading update for the quarter ended 31 December 2025 (Q4 FY25), together with summary highlights for FY25.
    +15.0% on the day
  9. 07:00
    Quarter 3 Trading Update Trading update
    Strong festive trading period underpinned by full price sales mix and newness; Positive customer response to "the right product, at the right price" strategy
    in linefirst in 2 year +4.8% on the day
  10. 07:00
    Year End Trading Update Trading update
    Sales programme has cut drawn debt to £34.3m, but 2025 sales were only £8.0m, occupancy and contracted rent fell, and the three-year timeframe may need extending.
    Sale process / strategic review £26.9m · 50% of mcapoutlook mixed −1.5% on the day
    Moved: new: Orderly portfolio sales programme – Year two of three; debt £34.3m · new: Possible sale of entire portfolio – Open to exploring; nothing active stated · new: Re-letting of vacated units – Lettings at advanced stages in legals
  11. 07:00
    Trading update Trading update
    Strong second half performance, full year profit growth
    Transformational contract / build-out in lineoutlook mixedfirst in 9 months −9.0% on the day
    Moved: Deliver year-on-year profit increase in FY25: on_track → delivered – FY25 adjusted PBT of about £270m is up on FY24's £263.5m, in line with expectations; full results due 4 March 2026. · Reduce net debt year-on-year at 31 December 2025: on_track → delivered – Year-end net debt of c.£145m is down from £180.7m a year earlier. · Keep FY25 Open Market and Partner Funded volumes similar to FY24: pending → missed – Completions fell: Partner Funded down c.8% to c.11,600 and Open Market down c.11% to c.4,100, so volumes were not similar to FY24.
  12. 07:00
    FY25 Trading Update Trading update
    Year of continued strategic progress with FY25 trading in line with market expectations
    in linefirst in 8 months −2.0% on the day
  13. 07:00
    Trading Statement Trading update
    Outflows narrowed to £1.0bn from £1.6bn a year earlier and two institutional mandates were funded, but retail outflows of £1.3bn continue and AuMA is down from £22.0bn at 30 September.
    Upgrade / downgrade cycle outlook mixed +2.6% on the day
    Moved: Institutional mandate wins: Won, awaiting funding → Two mandates funded, £330m institutional inflows (closed) · Net outflows and return to inflows: Net outflows continue, inflows delayed → Outflows narrowed but retail outflows persist · Share buyback programme: Launched, buying via Panmure Liberum → Ongoing, management cites continued buy backs

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