THE GLOBESPAN GROUP PLC
- 6330SIC 6330
- 6521SIC 6521
Opportunity 48/100 (watch), bankability 32/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.
Refinance opportunity
18 live charges · 8 lenders · oldest 45.4y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 45.4 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 70/100 (specialist).
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (59 events)Click to expand
- 2020-02-25⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2020-02-25🏁Company dissolved
- 2019-11-25⚠️liquidation-in-administration-move-to-dissolution-scotland-2insolvency · AM23(Scot)
- 2019-08-05⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2019-03-18📄miscellaneousmiscellaneous · MISC
- 2019-01-30⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2019-01-16⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2019-01-14⚠️liquidation-in-administration-appointment-of-replacement-additional-administrator-scotlandinsolvency · 2.31B(Scot)
- 2019-01-14⚠️liquidation-in-administration-vacation-of-office-scotlandinsolvency · 2.30B(Scot)
- 2018-07-16⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2018-01-22⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2017-07-28⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2017-06-16⚠️liquidation-in-administration-vacation-of-office-scotlandinsolvency · 2.30B(Scot)
- 2017-01-24⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2017-01-17⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2016-08-01⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2016-02-29⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2015-12-14⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2015-07-02⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2014-12-15⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2014-07-03⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2014-04-07📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2014-01-13⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2013-12-02⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2013-07-16⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2013-01-29⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2009-11-01➖GODFREY, Ronald Neil resigneddirector
- 2009-03-19🔒Charge registered #23Lender: Landsbanki Luxembourg S.A.
- 2009-03-19🔒Charge registered #22Lender: Landsbanki Luxembourg S.A.
- 2009-02-12🔒Charge registered #21Lender: Bank of Scotland PLC
- 2009-01-29🔒Charge registered #20Lender: Bank of Scotland PLC
- 2007-12-21🔒Charge registered #19Lender: Thomas O'malley Dalrymple
- 2007-12-21🔒Charge registered #18Lender: Trustees of Atlantic Estates Pension Scheme
- 2007-11-26➕GREEN, Richard appointeddirector
- 2007-05-08➕CASSIDY, Brian appointeddirector
- 2005-12-01🔒Charge registered #17Lender: Landsbanki Luxembourg S.A.
- 2005-12-01🔒Charge registered #16Lender: Landsbanki Luxembourg S.A.
- 2005-11-08🔒Charge registered #15Lender: Landsbanki Luxembourg S.A.
- 2005-11-08🔒Charge registered #14Lender: Landsbanki Luxembourg S.A.
- 2005-06-21🔒Charge registered #13Lender: Landsbanki Luxembourg S.A.
- 2005-06-21🔒Charge registered #12Lender: Landsbanki Luxembourg S.A.
- 2005-06-21🔒Charge registered #11Lender: Landsbanki Luxembourg S.A.
- 2005-06-13🔓Charge satisfied #10
- 2005-06-13🔓Charge satisfied #9
- 2004-09-23➖BRYAN, Christopher Andrew resigneddirector
- 2003-07-31➖GROSSART, Douglas Forrest resigneddirector
- 2001-11-09🔓Charge satisfied #6
- 2001-11-09🔓Charge satisfied #4
- 2001-04-06🔒Charge registered #10Lender: National Westminster Bank PLC
- 2001-04-06🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med · 1 lowCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-02-25
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2020-02-25: gazette-dissolved-liquidation; 2019-11-25: liquidation-in-administration-move-to-dissolution-scotland-2
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| SEEBYTE LIMITED→ SC194014 · est 1999 | £6.84M £4.88M–£8.79M | £10.82M | — | 8800 | 27y | 92 | 61y |
| CANONGATE BOOKS LIMITED→ SC152259 · est 1994 | £6.02M £4.30M–£7.74M | — | — | 64 | 31y | 85 | 65y |
| EXTRAORDINARY MANAGED SERVICES LIMITED→ SC214448 · est 2001 · no financials extracted | — | — | — | — | 25y | 83 | 58y |
| INFOGISTICS LIMITED→ SC208321 · est 2000 | — | — | — | 700 | 25y | 83 | 60y |
| INTELLIGENT MOBILE LIMITED→ SC266060 · est 2004 | — | — | — | — | 22y | 83 | 66y |
| MICROSYS SOLUTIONS LIMITED→ SC185715 · est 1998 | — | — | £140.2k | — | 28y | 83 | 59y |
| NDI TECHNOLOGIES LTD.→ SC173002 · est 1997 · no financials extracted | — | — | — | — | 29y | 83 | 93y |
| NETWORK ROI LTD→ SC299422 · est 2006 | — | — | £161.9k | — | 20y | 83 | 71y |
| NILE HQ LTD→ SC306908 · est 2006 | — | — | — | 40 | 19y | 83 | 63y |
| OCCUPANCY MARKETING LIMITED→ SC360835 · est 2009 | — | — | £2.10M | — | 16y | 83 | 60y |
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| OPTIMISE SOLUTIONS LIMITED→ SC119824 · est 1989 | — | — | — | 100 | 36y | 83 | 63y |
11 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (0 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Landsbanki Luxembourg S.A. | Sublease deed of assignment | 1 property | 19/03/2009 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Assignation of account | 1 property | 19/03/2009 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 12/02/2009 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 29/01/2009 | — | |
| outstanding | Thomas O'malley Dalrymple | Standard security | 1 property | 21/12/2007 | — | |
| outstanding | Trustees of Atlantic Estates Pension Scheme | Standard security | 1 property | 21/12/2007 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Deed of assignment | 1 property | 01/12/2005 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Aircraft mortgage | 1 property | 01/12/2005 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Deed of assignment | 1 property | 08/11/2005 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Aircraft mortgage | 2 properties | 08/11/2005 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Deed of assignment | 1 property | 21/06/2005 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Aircraft mortgage | 1 property | 21/06/2005 | — | |
| outstanding | Landsbanki Luxembourg S.A. | Aircraft mortgage | 1 property | 21/06/2005 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Floating charge | 1 property | 06/04/2001 | 13/06/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 06/04/2001 | 13/06/2005 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 24/05/1994 | 09/11/2001 | |
| satisfied | Noble Grossart Noble Grossart Limited | Assignation in security | 3 properties | 29/03/1993 | 09/11/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Letter of agreement | 1 property | 17/12/1980 | 04/02/1982 |