GLOBAL RECRUITMENT GROUP LTD
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 10.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Total assets | £428.6k | £471.2k |
| Current assets | £1.05M | £971.2k |
| Cash | £412.3k | £598.1k |
| Debtors | £638.7k | £373.1k |
| Net assets | £428.6k | £470.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 3 persons-with-significant-control
- • 1 accounts
- • 3 persons-with-significant-control
- • 1 accounts
- • 3 persons-with-significant-control
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-04-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-09-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-08-25🔓Charge satisfied #1
- 2018-06-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-06-07🔓Charge satisfied #2
- 2018-05-14🔒Charge registered #4Lender: Barclays Bank PLC
- 2018-05-11🔒Charge registered #3Lender: Barclays Bank PLC
- 2017-09-15➖MULGREW, David resigneddirector
- 2015-11-30🔒Charge registered #2Lender: Rbs Invoice Finance Limited
- 2015-10-19➕MULGREW, David appointeddirector
- 2015-10-06🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2015-08-27🏢Company incorporatedAs GLOBAL RECRUITMENT GROUP LTD
- 2015-08-27➕MURPHY, George appointeddirector
- 2015-08-27➕MURPHY, Louise appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Global Staffing Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Global Staffing Group Ltd Corporate entity | 75–100% | — | 75-100% shares | 14/04/2026 |
2 historic (ceased) PSCs
- Mrs Louise Murphyceased 14/04/2026· 25-50% shares · 25-50% voting
- Mr George Murphyceased 14/04/2026· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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6 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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 14/05/2018 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 11/05/2018 | — | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 30/11/2015 | 07/06/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 06/10/2015 | 25/08/2018 |