Distress
Imminent insolvency
Composite signal indicating very short runway.
Definition
How Fulcrums detects it.
Triggers when net assets are deeply negative, the latest filing is overdue, and at least one charge has been registered in the last 90 days.
Example signals
- Net assets ≤ -£5M
- Accounts ≥ 90 days late
- New charge in last quarter