v3.25.0.1
Derivative financial liabilities - Convertible Senior Secured Notes (Details) - GBP (£)
£ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 23, 2024
Financial liabilities    
Beginning balance £ 133,864  
Ending balance 547,073  
Convertible senior secured notes | Financial liabilities at fair value through profit and loss category    
Financial liabilities    
Beginning balance 109,291  
Fair value movements (other than from change in own credit risk), , prior substantial modification 12,363  
In-kind interest paid 17,171  
Foreign exchange movements, prior substantial modification 2,085  
Change in fair value from own credit risk (22,293)  
As at December 23, 2024 immediately prior to substantial modification   £ 118,617
Impact of recognition of modified loan on fair value 455,859  
Conversion of Convertible Senior Secured Notes (280,605)  
As at December 23, 2024 immediately after substantial modification   £ 293,871
Fair value movements (other than from change in own credit risk), after substantial modification 230,495  
Foreign exchange movements, after substantial modification (124)  
Ending balance £ 524,242