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Sorted Group Tightens Financial Oversight After Board Departure

Story Highlights
  • Sorted Group confirmed the departure of director Mahmoud Wariah on 6 January 2026.
  • Executive chairman Simon Wilkinson and Dr Nigel Burton now oversee Sorted Group’s finance function to maintain continuity and stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sorted Group Tightens Financial Oversight After Board Departure

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The latest announcement is out from Location Sciences Group Plc ( (GB:SORT) ).

Sorted Group Holdings plc has announced a board change, confirming that Mahmoud Wariah stepped down as a director on 6 January 2026, following prior notification in August 2025. In the wake of his departure, the company’s finance function is being overseen directly by Executive Chairman Simon Wilkinson, supported by non-executive director Dr Nigel Burton, an experienced finance executive, a move that signals a transitional governance phase but aims to ensure continuity and stability in Sorted’s financial oversight for investors and retail clients.

The most recent analyst rating on (GB:SORT) stock is a Sell with a £23.50 price target. To see the full list of analyst forecasts on Location Sciences Group Plc stock, see the GB:SORT Stock Forecast page.

Spark’s Take on GB:SORT Stock

According to Spark, TipRanks’ AI Analyst, GB:SORT is a Underperform.

The overall stock score is primarily driven by significant financial performance concerns, including high leverage and negative profitability margins. Technical analysis indicates bearish momentum, with the stock being oversold. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively suggest caution for potential investors.

To see Spark’s full report on GB:SORT stock, click here.

More about Location Sciences Group Plc

Sorted Group Holdings plc is a UK-based technology company that provides delivery experience and post‑purchase platforms for retailers, helping them offer exceptional delivery services and track parcel deliveries. Its software enables analysis of post‑purchase performance and is used by major retail brands including Asda and Marks & Spencer to enhance and differentiate their customer purchase journeys.

Average Trading Volume: 6,083

Technical Sentiment Signal: Sell

Current Market Cap: £2.29M

Find detailed analytics on SORT stock on TipRanks’ Stock Analysis page.

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