THE GLOBESPAN GROUP PLC

⚰️Wound downdissolved
SC055080 · plc · incorporated 1974-02-20
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
48/100
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What this business does
Primary activity: SIC 6210
Sector: Information & communication
ALSO REGISTERED FOR
  • 6330SIC 6330
  • 6521SIC 6521
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

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

25/100
too messy

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.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
11 officers (6 active, 11 linked, 10 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
21 connected companies via shared directors
90
Filing history
152 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
38
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
  1. 2020-02-25
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2020-02-25
    🏁
    Company dissolved
  3. 2019-11-25
    ⚠️
    liquidation-in-administration-move-to-dissolution-scotland-2
    insolvency · AM23(Scot)
  4. 2019-08-05
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · AM10(Scot)
  5. 2019-03-18
    📄
    miscellaneous
    miscellaneous · MISC
  6. 2019-01-30
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  7. 2019-01-16
    ⚠️
    liquidation-in-administration-extension-of-period-scotland
    insolvency · 2.22B(Scot)
  8. 2019-01-14
    ⚠️
    liquidation-in-administration-appointment-of-replacement-additional-administrator-scotland
    insolvency · 2.31B(Scot)
  9. 2019-01-14
    ⚠️
    liquidation-in-administration-vacation-of-office-scotland
    insolvency · 2.30B(Scot)
  10. 2018-07-16
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  11. 2018-01-22
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  12. 2017-07-28
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  13. 2017-06-16
    ⚠️
    liquidation-in-administration-vacation-of-office-scotland
    insolvency · 2.30B(Scot)
  14. 2017-01-24
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  15. 2017-01-17
    ⚠️
    liquidation-in-administration-extension-of-period-scotland
    insolvency · 2.22B(Scot)
  16. 2016-08-01
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  17. 2016-02-29
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  18. 2015-12-14
    ⚠️
    liquidation-in-administration-extension-of-period-scotland
    insolvency · 2.22B(Scot)
  19. 2015-07-02
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  20. 2014-12-15
    ⚠️
    liquidation-in-administration-extension-of-period-scotland
    insolvency · 2.22B(Scot)
  21. 2014-07-03
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  22. 2014-04-07
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  23. 2014-01-13
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  24. 2013-12-02
    ⚠️
    liquidation-in-administration-extension-of-period-scotland
    insolvency · 2.22B(Scot)
  25. 2013-07-16
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  26. 2013-01-29
    ⚠️
    liquidation-in-administration-progress-report-scotland
    insolvency · 2.20B(Scot)
  27. 2009-11-01
    GODFREY, Ronald Neil resigned
    director
  28. 2009-03-19
    🔒
    Charge registered #23
    Lender: Landsbanki Luxembourg S.A.
  29. 2009-03-19
    🔒
    Charge registered #22
    Lender: Landsbanki Luxembourg S.A.
  30. 2009-02-12
    🔒
    Charge registered #21
    Lender: Bank of Scotland PLC
  31. 2009-01-29
    🔒
    Charge registered #20
    Lender: Bank of Scotland PLC
  32. 2007-12-21
    🔒
    Charge registered #19
    Lender: Thomas O'malley Dalrymple
  33. 2007-12-21
    🔒
    Charge registered #18
    Lender: Trustees of Atlantic Estates Pension Scheme
  34. 2007-11-26
    GREEN, Richard appointed
    director
  35. 2007-05-08
    CASSIDY, Brian appointed
    director
  36. 2005-12-01
    🔒
    Charge registered #17
    Lender: Landsbanki Luxembourg S.A.
  37. 2005-12-01
    🔒
    Charge registered #16
    Lender: Landsbanki Luxembourg S.A.
  38. 2005-11-08
    🔒
    Charge registered #15
    Lender: Landsbanki Luxembourg S.A.
  39. 2005-11-08
    🔒
    Charge registered #14
    Lender: Landsbanki Luxembourg S.A.
  40. 2005-06-21
    🔒
    Charge registered #13
    Lender: Landsbanki Luxembourg S.A.
  41. 2005-06-21
    🔒
    Charge registered #12
    Lender: Landsbanki Luxembourg S.A.
  42. 2005-06-21
    🔒
    Charge registered #11
    Lender: Landsbanki Luxembourg S.A.
  43. 2005-06-13
    🔓
    Charge satisfied #10
  44. 2005-06-13
    🔓
    Charge satisfied #9
  45. 2004-09-23
    BRYAN, Christopher Andrew resigned
    director
  46. 2003-07-31
    GROSSART, Douglas Forrest resigned
    director
  47. 2001-11-09
    🔓
    Charge satisfied #6
  48. 2001-11-09
    🔓
    Charge satisfied #4
  49. 2001-04-06
    🔒
    Charge registered #10
    Lender: National Westminster Bank PLC
  50. 2001-04-06
    🔒
    Charge registered #9
    Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 59 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -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

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • 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 low
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2020-02-25

23 insolvency-related filings on record
high

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

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

13 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒Advanced scoring suite

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

Statusdissolved
Typeplc
Incorporated1974-02-20
Jurisdictionscotland
Primary SIC6210 — SIC 6210

Registered office

Atria One, 144 Morrison Street
Edinburgh
Midlothian
EH3 8EX

Filing status

Accounts
Next due:
Last made up to: 2008-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

GODFREY, Ronald Neil
secretary
View their other companies + combined net worth →
Active
AITKEN, Eileen Theresa
director · ~75y
View their other companies + combined net worth →
Active
BROWN, Karan Helen
director · ~63y · appointed 1993-04-16
View their other companies + combined net worth →
Active
CASSIDY, Brian
director · ~58y · appointed 2007-05-08
View their other companies + combined net worth →
Active
DALRYMPLE, Thomas O'Malley
director · ~81y
View their other companies + combined net worth →
Active
GREEN, Richard
director · ~64y · appointed 2007-11-26
View their other companies + combined net worth →
Active
BRYAN, Christopher Andrew
director · ~73y · appointed 1996-10-02 · resigned 2004-09-23
Resigned
GODFREY, Ronald Neil
director · ~83y · resigned 2009-11-01
Resigned
GROSSART, Douglas Forrest
director · ~81y · resigned 2003-07-31
Resigned
MAYER, Alisdair Iain Charles Rowatt
director · ~75y · resigned 2000-11-01
Resigned
POWELL, Henry Cecil Stephen
director · ~79y · resigned 1996-06-28
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

18
Total charges
13
Outstanding
4
Active lenders
Status:Lender:18 of 18 shown
TypeProperties
outstanding
Landsbanki Luxembourg S.A.
Sublease deed of assignment1 property19/03/2009
outstanding
Landsbanki Luxembourg S.A.
Assignation of account1 property19/03/2009
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property12/02/2009
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property29/01/2009
outstanding
Thomas O'malley Dalrymple
Standard security1 property21/12/2007
outstanding
Trustees of Atlantic Estates Pension Scheme
Standard security1 property21/12/2007
outstanding
Landsbanki Luxembourg S.A.
Deed of assignment1 property01/12/2005
outstanding
Landsbanki Luxembourg S.A.
Aircraft mortgage1 property01/12/2005
outstanding
Landsbanki Luxembourg S.A.
Deed of assignment1 property08/11/2005
outstanding
Landsbanki Luxembourg S.A.
Aircraft mortgage2 properties08/11/2005
outstanding
Landsbanki Luxembourg S.A.
Deed of assignment1 property21/06/2005
outstanding
Landsbanki Luxembourg S.A.
Aircraft mortgage1 property21/06/2005
outstanding
Landsbanki Luxembourg S.A.
Aircraft mortgage1 property21/06/2005
satisfied
National Westminster Bank
National Westminster Bank PLC
Floating charge1 property06/04/200113/06/2005
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property06/04/200113/06/2005
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property24/05/199409/11/2001
satisfied
Noble Grossart
Noble Grossart Limited
Assignation in security3 properties29/03/199309/11/2001
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Letter of agreement1 property17/12/198004/02/1982
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (152 total)

gazette-dissolved-liquidation
gazette · GAZ2
2020-02-25
liquidation-in-administration-move-to-dissolution-scotland-2
insolvency · AM23(Scot)
2019-11-25
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2019-08-05
miscellaneous
miscellaneous · MISC
2019-03-18
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2019-01-30
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2019-01-16
liquidation-in-administration-appointment-of-replacement-additional-administrator-scotland
insolvency · 2.31B(Scot)
2019-01-14
liquidation-in-administration-vacation-of-office-scotland
insolvency · 2.30B(Scot)
2019-01-14
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2018-07-16
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2018-01-22
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2017-07-28
liquidation-in-administration-vacation-of-office-scotland
insolvency · 2.30B(Scot)
2017-06-16
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2017-01-24
liquidation-in-administration-extension-of-period-scotland
insolvency · 2.22B(Scot)
2017-01-17
liquidation-in-administration-progress-report-scotland
insolvency · 2.20B(Scot)
2016-08-01