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From the August RNS it did sound like they were struggling.
“ The lack of payment has already had significant implications for Abingdon, a Northern Powerhouse company, and its employees and, due to the need to contain costs and manage cash, the Company's workforce has reduced from 190 to 130 employees over the past four months with a number of valued employees having to be made redundant. The pressure on cash flow will increase the longer that payment by DHSC is outstanding.”
Good to see a profit.
Sad about redundancies.
Still no interest in Ab testing:” The Company has not seen significant commercial traction with the AbC-19TM product to date but remains encouraged by the ongoing discussions in various overseas territories as well as the potential development of a consumer market, both within the UK and internationally,
Looks like Abingdon are going to take a further hit waiting for the outcome of the JR.”
The lack of payment has already had significant implications for Abingdon, a Northern Powerhouse company, and its employees and, due to the need to contain costs and manage cash, the Company's workforce has reduced from 190 to 130 employees over the past four months with a number of valued employees having to be made redundant. The pressure on cash flow will increase the longer that payment by DHSC is outstanding“