How we work

Our method

Appointed is built entirely from public records. Here's where our information comes from, how we choose and score deals, how the Distress Index works, and the rules we never break.

Where the information comes from

How we choose the week's deals

We read every relevant notice from the previous seven days, set aside companies with nothing to sell, and look closely at those likely to hold property, a trading business or brand, digital assets, or equipment. Each is scored from 1 to 5 on four measures:

MeasureWhat it asks
ValueIs there something substantial and saleable?
AccessibilityCan a smaller buyer realistically get involved?
CompetitionIs it likely to slip under the radar? Higher means fewer rival bidders.
TimingIs a sale happening soon enough to act on?

The overall score is the average of the four. The five highest make the week's top 5.

Reading a company's track record

A company in trouble for the first time is different from one that has struggled for years. We check each featured company's filings, accounts, changes of control, lending and past Gazette notices, then give it one label:

LabelWhat it means
Sudden deteriorationA clean record that broke recently.
Long-running pressureRepeated late filings, strike-off warnings or petitions over several years.
Chronic late filerHabitually late but always catches up. On its own, a weak signal.
Repeat failureThe business or brand has been through insolvency before.
Recent change of controlNew owners or board shortly before the appointment.
ShrinkingIts reported size has fallen year on year.
Insufficient historyToo young, or too little on record, to judge.

The Distress Index

One number for UK company insolvencies over the last four weeks, where 100 is the average for 2024 to 2025. It counts only the three procedures the law requires to be published in The Gazette, which make up about 99% of UK company insolvencies: administrations, creditors' voluntary liquidations and winding-up orders. Each company is counted once, however many notices it generates. Winding-up petitions are tracked separately as an early warning, because a petition is a creditor's request, not a failure.

Every month we compare our counts with the Insolvency Service's official figures and publish the result. Full method, caveats and the official comparison.

Rules we never break

Corrections

If we get something wrong, email appointeduk@gmail.com or reply to any issue, and we'll correct it in the next issue and online.