patterns / cash_fortress
buyout thesiscash is over half of net assets (≥£500k) while headcount stalls — the owner is stockpiling liquidity and winding the business down; the deal can finance itself
The owner is deliberately converting the business into liquidity — hoarding cash while letting operations wind down. This is the balance sheet of someone preparing an exit (or simply refusing all risk).
A self-financing acquisition: the target's own cash covers much of the consideration. Also an exit-structuring conversation for the banker.
The badge is recomputed nightly across the whole index, and re-evaluated live the moment a company files — so a match is always a statement about the current register, not a stale list. Like every signal on the radar: a prompt to look closer, never a verdict.