the field report

What's surfacing this week.

A standing snapshot across a few angles — freshly filed, freshly re-rated, climbing, at risk. Anonymised down to bands; open any card to reveal the name and the full read.

Your selection is fixed for the week and unique to you — refreshing won't reshuffle it.

From the field

Food & beverage service is the week's clearest signal: distress-side concentration there hit 5.6x normal share (24 firms) — nearly triple the intensity of any exit-side sector — with Yorkshire & North East also over-represented on the distress book (1.5x, 16 firms). Exit-leaning activity was smaller and more spread (led by Motor trade at 2.6x, only 9 firms), so it reads as thinner evidence. One caveat: 89% of this week's re-ratings landed on a single day, so this is an early snapshot worth watching, not yet a trend.

This week · 2026-07-28

Food & beverage service is the story: 6.4x its usual concentration among distress-leaning re-ratings (26 firms), against a much thinner 1.8x showing on the exit side — a sector splitting hard in one direction on live register events alone. Re-ratings jumped sharply day-on-day (745 vs 72), but with 96% landing on a single day this is an early snapshot, not a trend, so treat it as a flag to watch rather than a call. Motor trade's 2.3x exit-lean lift is the next firmest signal, though on only 7 companies it wants more data before leaning on it.

Today · 2026-07-28

1.48M
owner-led companies watched
40
deal archetypes tracked
875
re-rated this week
662
fresh filings this month

This week the model moved 0 companies up and 0 down in sale-likelihood.

Sale-likelihood across the universe most sit near zero — the rare tail is the opportunity

ranked barsunder 1%under 1%: 800,539800,5391–3%1–3%: 202,871202,8713–6%3–6%: 59,95159,9516–10%6–10%: 20,60520,60510%+10%+: 6,2626,262

Most-common signals how often each archetype fires

ranked barsQuiet compounderQuiet compounder: 58,68658,686Succession windowSuccession window: 58,41458,414Z distressZ distress: 52,71552,715Sector laggardSector laggard: 50,23050,230Debtor heavyDebtor heavy: 35,48735,487Slow bleedSlow bleed: 32,94732,947
01

Random picks

A fresh handful from the scored universe.

02

Just re-rated

Companies the model re-scored this week as new filings and control changes landed.

03

Fresh accounts

Filed a new set of annual accounts in the last month — the yearly data refresh.

04

Distress watch

Highest failure risk — the private-credit lens.