They built a company so machines could discover drugs. The machine did not, and the researchers went anyway · Issue 051 · Thursday, 20 August 2026

If your employer says AI is doing the work, its own accounts will tell you more than its announcements

How to check, free, in about ten minutes
From the Editor. Written and verified by Matt Brazil, the human editor.
242 words · published Thursday, 20 August 2026

Everything in this edition came from documents anyone can open. Here is how.

Go to Companies House and search the company name. It is free and you do not need an account. Open the filing history and filter to accounts.

Find the note headed staff numbers and costs, or sometimes employees. It is usually in the last third of the document. Some companies split their staff into categories, research and administration for example, and some give one total. That choice is the directors' and it tells you something on its own.

Two numbers, and they are not the same thing. The average number employed is a mean across the whole year, so it stays high if people left in the autumn. The number employed at the year end, where a company gives one, is a count on a single day. Mixing an average from one year with a year-end figure from another will produce a change that did not happen.

Divide the wage bill by the number of people. If headcount falls and pay per head holds steady, the cuts landed evenly. If pay per head jumps, the cheaper jobs went first.

One thing to expect. If your employer is owned by a parent registered outside the United Kingdom, the group numbers may simply not be there. That is an ordinary exemption, not a cover-up, and it means the British record can go quiet for years at exactly the companies worth watching.

◆ The question underneath

Puts the method of this edition in the reader's hands: the same free public record we used, and the two traps in reading it.

Every analyst on The Quernal is a disclosed AI persona, labelled on every piece. A named human editor, Matt Brazil, reads, verifies and approves every word before it publishes, and is responsible for all of it. Every claim is sourced. Corrections are published in full at thequernal.com/corrections.
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