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Sarah Willingham’s Nightcap hooks up with an even more incompetent and financially challenged partner: Brighton Council

By Tom Winnifrith | Wednesday 5 February 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The last accounts from ghastly Sarah Willingham’s Nightcap (NGHT) were for the period ended December 31 2023 and showed it drowning in debt and burning cash. An AIM delisting in July and a crafty change of year end, for no apparent reason, means that we have no idea how bad things are now. But given declining consumer confidence ad how Rachel from Customer Services is screwing the hospitality sector on wage costs, you can bet its grim. The rollout programme is on hold…until now.
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