{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/AQSE/INC",
 "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# Incanthera plc (Aquis Stock Exchange: INC) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nIncanthera plc is listed on the Aquis Stock Exchange under ticker INC, with ISIN GB00BGL7YW15 and LEI 2138002HEV4UFBOEXQ97. Its security type is Corporate, its segment is Access (AQSE Growth Markets (Equity)), its sector is Healthcare [47], and its jurisdiction is England and Wales (Companies House jurisdiction field). The record holds its status as listed, not halted.\n\n## The disclosure read\n\nThe record holds 31 filings on 15 filing days in the twelve months to 2026-11-06. The median gap between filing days is 13.0 days. The latest filing is dated 2026-11-03 and is a ch_confirmation_statement, 3 days before the record date. The median cadence gap for the Aquis Stock Exchange is 10.0 days across 74 issuers, and the median cadence gap for Healthcare [47] is 10.5 days across 6 issuers. The median filings for the Aquis Stock Exchange are 34.0 and for Healthcare [47] are 32.5. The median latency is 8 days for the Aquis Stock Exchange and 8.0 days for Healthcare [47]. The issuer's cadence gap is above the exchange median and above the sector median.\n\n## Auditor\n\nThe auditor of record is Crowe U.K. LLP. Its location is not on the record. Auditor changes are not on the record, as the market's record does not carry a lifecycle type map for this register.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move, as the market's record does not carry a lifecycle type map for this register. The record holds the halt flag as not halted.\n\n## Orderability\n\nFor elective professional client, the outcome is signal ACM-200 and is determinable. For eligible counterparty, the outcome is signal ACM-200 and is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe record holds no research houses named on the issuer's own investor-relations page, as none was found on the pages read.\n\n## Open research\n\nThe record holds 5 openly published research notes. Stanford Capital Partners published one dated 2024-11-26. Hardman & Co published four, dated 2021-09-20, 2020-12-08, 2020-10-01 and 2018-11-08.\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 record holds no sealed years for the issuer, and the market's earliest sealed date is not on the record. The live record began on 2026-09-11. The store holds 2021, 2022, 2023, 2024, 2025 and 2026 sealed but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n14 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.aquis.eu/companies (identity.exchange)\n- https://www.aquis.eu/companies/INC (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/11026926 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.uk-cm-kg.ai/events/AQSE/INC (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://incanthera.com/media/144904/Incanthera-ARA-2024.pdf (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.incanthera.com/media/147457/Incanthera-STANFORD-CAPITAL-RESEARCH-26-November-2024.pdf (open research)\n- https://www.incanthera.com/media/125251/HARDMAN-RESEARCH-NOTE-September-2021-LIFESCIENCES-forum-23-SEP-FINAL.pdf (open research)\n- https://www.incanthera.com/media/111597/Incanthera-Hardman-Reserach-Note-08Dec2020.pdf (open research)\n- https://www.incanthera.com/media/108953/Incanthera-Hardman-research-Note-2020.pdf (open research)\n- https://www.incanthera.com/media/99458/HARDMAN-RESEARCH-FINAL-IPO-NOVEMBER-2018.pdf (open research)\n- https://mcp.uk-cm-kg.ai/record/AQSE/INC (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": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://incanthera.com/media/144904/Incanthera-ARA-2024.pdf",
    "state": "confirmed",
    "value": "Crowe U.K. 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/AQSE/INC",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 74,
     "median_cadence_gap_days": 10,
     "median_filings": 34,
     "median_latency_days": 8,
     "name": "Aquis Stock Exchange"
    },
    "sector": {
     "issuers": 6,
     "median_cadence_gap_days": 10.5,
     "median_filings": 32.5,
     "median_latency_days": 8,
     "name": "Healthcare [47]"
    }
   },
   "by_type": {
    "agm_record_date": 7,
    "ch_accounts_filed": 1,
    "ch_confirmation_statement": 1,
    "ch_officer_change": 5,
    "ch_psc": 2,
    "ch_resolution": 1,
    "early_warning": 2,
    "financial_statement": 2,
    "regulatory_announcement": 10
   },
   "cadence_median_gap_days": 13,
   "filing_days": 15,
   "filings": 31,
   "latency_days": 3,
   "latest": [
    {
     "category": null,
     "date": "2026-11-03",
     "source": "https://find-and-update.company-information.service.gov.uk/company/11026926/filing-history/MzU1NDExOTk4NWFkaXF6a2N4/document?format=pdf&download=0",
     "title": "confirmation statement with no updates — 2026-10-22",
     "type": "ch_confirmation_statement"
    },
    {
     "category": null,
     "date": "2026-10-20",
     "source": "https://www.investegate.co.uk/announcement/rns/incanthera-plc--inc/notice-of-agm/9832405",
     "title": "Notice of AGM",
     "type": "agm_record_date"
    },
    {
     "category": null,
     "date": "2026-10-08",
     "source": "https://find-and-update.company-information.service.gov.uk/company/11026926/filing-history/MzU0OTI5Nzc4NmFkaXF6a2N4/document?format=pdf&download=0",
     "title": "accounts with accounts type group — 2026-03-31",
     "type": "ch_accounts_filed"
    },
    {
     "category": null,
     "date": "2026-09-07",
     "source": "https://www.investegate.co.uk/announcement/rns/incanthera-plc--inc/corporate-update/9757472",
     "title": "Corporate Update",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-09-07",
     "source": "https://www.aquis.eu/stock-exchange/announcements/5909244",
     "title": "Incanthera PLC - Corporate Update",
     "type": "regulatory_announcement"
    }
   ],
   "latest_filing_date": "2026-11-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/AQSE/INC",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "aquis.eu company page data (exchange site; read in a browser session)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies (Next.js page data /_next/data/EWcOPYpf8DbjyoX1j0wvC/companies/<symbol>.json, read in a browser session; aquis.eu answers HTTP 429 to plain HTTP clients)",
    "state": "sourced",
    "value": "Aquis Stock Exchange"
   },
   "isin": {
    "read_by": "aquis.eu company page data (exchange site; read in a browser session)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies/INC",
    "state": "confirmed",
    "value": "GB00BGL7YW15"
   },
   "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/11026926",
    "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 GB00BGL7YW15)",
    "state": "sourced",
    "value": "2138002HEV4UFBOEXQ97"
   },
   "name": {
    "read_by": "aquis.eu company page data (exchange site; read in a browser session)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies (Next.js page data /_next/data/EWcOPYpf8DbjyoX1j0wvC/companies/<symbol>.json, read in a browser session; aquis.eu answers HTTP 429 to plain HTTP clients)",
    "state": "sourced",
    "value": "Incanthera plc"
   },
   "sector": {
    "read_by": "aquis.eu company page data (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies/INC",
    "state": "sourced",
    "value": "Healthcare [47]"
   },
   "security_type": {
    "read_by": "aquis.eu company page data (exchange site; read in a browser session)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies (Next.js page data /_next/data/EWcOPYpf8DbjyoX1j0wvC/companies/<symbol>.json, read in a browser session; aquis.eu answers HTTP 429 to plain HTTP clients)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "aquis.eu company page data (exchange site; read in a browser session)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies (Next.js page data /_next/data/EWcOPYpf8DbjyoX1j0wvC/companies/<symbol>.json, read in a browser session; aquis.eu answers HTTP 429 to plain HTTP clients)",
    "state": "sourced",
    "value": "Access (AQSE Growth Markets (Equity))"
   },
   "ticker": {
    "read_by": "aquis.eu company page data (exchange site; read in a browser session)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies (Next.js page data /_next/data/EWcOPYpf8DbjyoX1j0wvC/companies/<symbol>.json, read in a browser session; aquis.eu answers HTTP 429 to plain HTTP clients)",
    "state": "sourced",
    "value": "INC"
   },
   "website": {
    "read_by": "aquis.eu company page data (exchange site; read in a browser session)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.aquis.eu/companies/INC",
    "state": "sourced",
    "value": "http://www.incanthera.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": "sha256:27d60d820c3f45d7440a8d5111590f33d82f2f2d227b5543cc4fe29033b21de9",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2024-11-26",
     "kind": "issuer-sponsored",
     "publisher": "Stanford Capital Partners",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.incanthera.com/media/147457/Incanthera-STANFORD-CAPITAL-RESEARCH-26-November-2024.pdf",
     "state": "sourced",
     "title": "INCANTHERA PLC"
    },
    {
     "date": "2021-09-20",
     "kind": "issuer-sponsored",
     "publisher": "Hardman & Co",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.incanthera.com/media/125251/HARDMAN-RESEARCH-NOTE-September-2021-LIFESCIENCES-forum-23-SEP-FINAL.pdf",
     "state": "sourced",
     "title": "Incanthera"
    },
    {
     "date": "2020-12-08",
     "kind": "issuer-sponsored",
     "publisher": "Hardman & Co",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.incanthera.com/media/111597/Incanthera-Hardman-Reserach-Note-08Dec2020.pdf",
     "state": "sourced",
     "title": "Incanthera: Solid progress since listing"
    },
    {
     "date": "2020-10-01",
     "kind": "issuer-sponsored",
     "publisher": "Hardman & Co",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.incanthera.com/media/108953/Incanthera-Hardman-research-Note-2020.pdf",
     "state": "sourced",
     "title": "Incanthera"
    },
    {
     "date": "2018-11-08",
     "kind": "issuer-sponsored",
     "publisher": "Hardman & Co",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.incanthera.com/media/99458/HARDMAN-RESEARCH-FINAL-IPO-NOVEMBER-2018.pdf",
     "state": "sourced",
     "title": "Incanthera Limited"
    }
   ],
   "state": "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/AQSE/INC",
   "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": "sha256:27d60d820c3f45d7440a8d5111590f33d82f2f2d227b5543cc4fe29033b21de9",
 "path": "/uk/AQSE/INC",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Incanthera plc is listed on the Aquis Stock Exchange under ticker INC, with ISIN GB00BGL7YW15 and LEI 2138002HEV4UFBOEXQ97. Its security type is Corporate, its segment is Access (AQSE Growth Markets (Equity)), its sector is Healthcare [47], and its jurisdiction is England and Wales (Companies House jurisdiction field). The record holds its status as listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 31 filings on 15 filing days in the twelve months to 2026-11-06. The median gap between filing days is 13.0 days. The latest filing is dated 2026-11-03 and is a ch_confirmation_statement, 3 days before the record date. The median cadence gap for the Aquis Stock Exchange is 10.0 days across 74 issuers, and the median cadence gap for Healthcare [47] is 10.5 days across 6 issuers. The median filings for the Aquis Stock Exchange are 34.0 and for Healthcare [47] are 32.5. The median latency is 8 days for the Aquis Stock Exchange and 8.0 days for Healthcare [47]. The issuer's cadence gap is above the exchange median and above the sector median.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Crowe U.K. LLP. Its location is not on the record. Auditor changes are not on the record, as the market's record does not carry a lifecycle type map for this register.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move, as the market's record does not carry a lifecycle type map for this register. The record holds the halt flag as not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For elective professional client, the outcome is signal ACM-200 and is determinable. For eligible counterparty, the outcome is signal ACM-200 and is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record holds no research houses named on the issuer's own investor-relations page, as none was found on the pages read.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 5 openly published research notes. Stanford Capital Partners published one dated 2024-11-26. Hardman & Co published four, dated 2021-09-20, 2020-12-08, 2020-10-01 and 2018-11-08.",
   "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 record holds no sealed years for the issuer, and the market's earliest sealed date is not on the record. The live record began on 2026-09-11. The store holds 2021, 2022, 2023, 2024, 2025 and 2026 sealed but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "14 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.aquis.eu/companies"
  },
  {
   "for": "identity.isin",
   "source": "https://www.aquis.eu/companies/INC"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/11026926"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/AQSE/INC"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://incanthera.com/media/144904/Incanthera-ARA-2024.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://www.incanthera.com/media/147457/Incanthera-STANFORD-CAPITAL-RESEARCH-26-November-2024.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.incanthera.com/media/125251/HARDMAN-RESEARCH-NOTE-September-2021-LIFESCIENCES-forum-23-SEP-FINAL.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.incanthera.com/media/111597/Incanthera-Hardman-Reserach-Note-08Dec2020.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.incanthera.com/media/108953/Incanthera-Hardman-research-Note-2020.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.incanthera.com/media/99458/HARDMAN-RESEARCH-FINAL-IPO-NOVEMBER-2018.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/AQSE/INC"
  }
 ],
 "title": "Incanthera plc (INC) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}