The FY25 trading update confirms the ongoing success of the December 2023 strategic review, with the Group  achieving increasingly ambitious consensus estimates over the subsequent two years. The pipeline for new business remains positive, indicating a promising start for FY26. Cash reserves have risen to £3.0m, up from £2.4m at the half-year point, facilitating investment in both additional experts and digital systems to support revenue growth and enhance operational efficiency. The company’s dividend, supported by its net cash position, currently offers a yield of 8.8%.