{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/AIM/NTBR",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# NORTHERN BEAR PLC (AIM: NTBR) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is NORTHERN BEAR PLC, listed on AIM under ticker NTBR, with ISIN GB00B19FLM15 and LEI 21380039N5EBUGAE7T76. Its security type is Corporate, its segment is ASX1, its sector is Construction and Materials [501010], and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status on the record is listed, not halted.\n\n## The disclosure read\n\nThe record holds 15 filings on 14 filing days in the window 2025-11-06 to 2026-11-06. The median gap between filing days is 22 days, against a median of 7.0 days for AIM and 6.0 days for Construction and Materials [501010]. The latest filing is dated 2026-10-14, is a regulatory announcement, and falls 23 days before the record date of 2026-11-06. Median latency is not stated for the issuer; the AIM median is 4 days and the sector median is 3.0 days. The record holds 33.5 median filings for AIM issuers and 42.5 for the sector.\n\n## Auditor\n\nThe auditor of record is Saffery LLP; its location is not on the record. Auditor changes are not on the record, as the market's register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as the index does not yet carry a lifecycle type for this register. The halt flag is listed, not halted.\n\n## Orderability\n\nFor elective professional client, the outcome is signal ACM-200, determinable. For eligible counterparty, the outcome is signal ACM-200, determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with chapter as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 2 research houses: Hybridan LLP and Strand Hanson Limited.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer has no sealed years on the record. The market's vintage is not sealed, and no earliest sealed date is given. The live record began on 2026-09-11. Years 2021 to 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n11 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/NTBR (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/05780581 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://www.londonstockexchange.com/stock/NTBR/northern-bear-plc/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/AIM/NTBR (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://find-and-update.company-information.service.gov.uk/company/05780581/filing-history/MzQ4MTk3NzMzNmFkaXF6a2N4/document?format=pdf&download=0 (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://northernbearplc.com/investor-relations/advisers/ (coverage)\n- https://mcp.uk-cm-kg.ai/record/AIM/NTBR (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "read by ChatGPT (batch)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/05780581/filing-history/MzQ4MTk3NzMzNmFkaXF6a2N4/document?format=pdf&download=0",
    "state": "filled",
    "value": "Saffery LLP"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/AIM/NTBR",
  "coverage": {
   "count": 2,
   "houses": [
    {
     "house": "Hybridan LLP",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://northernbearplc.com/investor-relations/advisers/",
     "state": "sourced"
    },
    {
     "house": "Strand Hanson Limited",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://northernbearplc.com/investor-relations/advisers/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://northernbearplc.com/investor-relations/advisers/",
     "result": "read: 2 of 3 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 594,
     "median_cadence_gap_days": 7,
     "median_filings": 33.5,
     "median_latency_days": 4,
     "name": "AIM"
    },
    "sector": {
     "issuers": 36,
     "median_cadence_gap_days": 6,
     "median_filings": 42.5,
     "median_latency_days": 3,
     "name": "Construction and Materials  [501010]"
    }
   },
   "by_type": {
    "agm_record_date": 1,
    "ch_confirmation_statement": 1,
    "ch_officer_change": 3,
    "director_dealing": 1,
    "financial_statement": 4,
    "regulatory_announcement": 5
   },
   "cadence_median_gap_days": 22,
   "filing_days": 14,
   "filings": 15,
   "latency_days": 23,
   "latest": [
    {
     "category": null,
     "date": "2026-10-14",
     "source": "https://www.investegate.co.uk/announcement/rns/northern-bear--ntbr/notification-of-holdings/9821338",
     "title": "Notification of Holdings",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-09-10",
     "source": "https://www.investegate.co.uk/announcement/rns/northern-bear--ntbr/result-of-agm/9766308",
     "title": "Result of AGM",
     "type": "agm_record_date"
    },
    {
     "category": null,
     "date": "2026-08-07",
     "source": "https://www.investegate.co.uk/announcement/rns/northern-bear--ntbr/posting-of-annual-report-notice-of-agm/9709671",
     "title": "Posting of Annual Report & Notice of AGM",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-07-16",
     "source": "https://www.investegate.co.uk/announcement/rns/northern-bear--ntbr/preliminary-results/9671298",
     "title": "Preliminary Results",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-07-14",
     "source": "https://www.investegate.co.uk/announcement/rns/northern-bear--ntbr/notice-of-results-and-investor-presentation/9666688",
     "title": "Notice of Results and Investor Presentation",
     "type": "regulatory_announcement"
    }
   ],
   "latest_filing_date": "2026-10-14",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/AIM/NTBR",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "AIM"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/NTBR",
    "state": "confirmed",
    "value": "GB00B19FLM15"
   },
   "jurisdiction": {
    "read_by": "Companies House REST API (company profile) (jurisdiction field)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/05780581",
    "state": "confirmed",
    "value": "England and Wales (Companies House jurisdiction field)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN GB00B19FLM15)",
    "state": "sourced",
    "value": "21380039N5EBUGAE7T76"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "NORTHERN BEAR PLC"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/NTBR/northern-bear-plc/company-page",
    "state": "sourced",
    "value": "Construction and Materials  [501010]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "ASX1"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "NTBR"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/NTBR/northern-bear-plc/company-page",
    "state": "sourced",
    "value": "www.northernbearplc.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:97affa94b167c99fd768556c374cb59e4db95bc75f69a3df26df08d494751acc",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/AIM/NTBR",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:97affa94b167c99fd768556c374cb59e4db95bc75f69a3df26df08d494751acc",
 "path": "/uk/AIM/NTBR",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is NORTHERN BEAR PLC, listed on AIM under ticker NTBR, with ISIN GB00B19FLM15 and LEI 21380039N5EBUGAE7T76. Its security type is Corporate, its segment is ASX1, its sector is Construction and Materials [501010], and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status on the record is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 15 filings on 14 filing days in the window 2025-11-06 to 2026-11-06. The median gap between filing days is 22 days, against a median of 7.0 days for AIM and 6.0 days for Construction and Materials [501010]. The latest filing is dated 2026-10-14, is a regulatory announcement, and falls 23 days before the record date of 2026-11-06. Median latency is not stated for the issuer; the AIM median is 4 days and the sector median is 3.0 days. The record holds 33.5 median filings for AIM issuers and 42.5 for the sector.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Saffery LLP; its location is not on the record. Auditor changes are not on the record, as the market's register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as the index does not yet carry a lifecycle type for this register. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For elective professional client, the outcome is signal ACM-200, determinable. For eligible counterparty, the outcome is signal ACM-200, determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 2 research houses: Hybridan LLP and Strand Hanson Limited.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer has no sealed years on the record. The market's vintage is not sealed, and no earliest sealed date is given. The live record began on 2026-09-11. Years 2021 to 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "11 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/NTBR"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/05780581"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/NTBR/northern-bear-plc/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/AIM/NTBR"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://find-and-update.company-information.service.gov.uk/company/05780581/filing-history/MzQ4MTk3NzMzNmFkaXF6a2N4/document?format=pdf&download=0"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://northernbearplc.com/investor-relations/advisers/"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/AIM/NTBR"
  }
 ],
 "title": "NORTHERN BEAR PLC (NTBR) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}