GLOBAL RECRUITMENT GROUP LTD

🌳Matureactive

SC514140 · ltd · incorporated 2015-08-27

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2025

Net worth

£428.6k

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Other activities of employment placement agencies

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

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 10.8y

15/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 10.8 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.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

49 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £428,584

Net assets shrinking

Down £42,277 YoY

Cash YoY

-31%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£412k

↓ 31% YoY

Net Worth

£429k

↓ 9.0% YoY

Current Assets

£1.1m

↑ 8.2% YoY

Current Liabilities

—

Hover 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.

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

• 3 persons-with-significant-control
• 1 accounts

Last 180 days

filings

• 3 persons-with-significant-control
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-04-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-15
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-15
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-05
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-07
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-04
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-25
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-08-25
🔓
Charge satisfied #1
2018-06-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-06-07
🔓
Charge satisfied #2
2018-05-14
🔒
Charge registered #4
Lender: Barclays Bank PLC
2018-05-11
🔒
Charge registered #3
Lender: Barclays Bank PLC
2017-09-15
➖
MULGREW, David resigned
director
2015-11-30
🔒
Charge registered #2
Lender: Rbs Invoice Finance Limited
2015-10-19
➕
MULGREW, David appointed
director
2015-10-06
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2015-08-27
🏢
Company incorporated
As GLOBAL RECRUITMENT GROUP LTD
2015-08-27
➕
MURPHY, George appointed
director
2015-08-27
➕
MURPHY, Louise appointed
director

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

+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

41/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

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 ·

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.

Group structure

Global Staffing Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Global Staffing Group Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

GLOBAL RECRUITMENT GROUP LTD

This company · SC514140

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.

🔒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 →

Similar companies

Active · Professional services · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MOULSDALE INVESTMENTS LIMITED→ SC491741 · est 2014	£117.51M £86.58M–£148.43M	—	—	118100	11y	83	72y
MCGHEE GROUP LIMITED→ SC362390 · est 2009	£20.62M £15.19M–£26.04M	—	—	—	16y	87	67y
I3WORKS LTD→ SC477423 · est 2014	£16.71M £12.31M–£21.11M	£38.15M	—	14200	12y	92	61y
24/26 HOLDINGS LTD→ SC470528 · est 2014	£4.81M £3.54M–£6.07M	—	—	26	12y	85	67y
INTERLOCK INVESTMENTS LIMITED→ SC057982 · est 1975	£3.26M £2.40M–£4.11M	—	—	20	51y	85	72y
SKYVISION INTERNATIONAL LIMITED→ SC153156 · est 1994	£837.2k £616.9k–£1.06M	£680.4k	—	100	31y	88	65y
ACCU-TECH SYSTEMS LIMITED→ SC223891 · est 2001	£22.3k £16.4k–£28.2k	£413.2k	—	300	24y	85	58y
'A' FLIGHT AVIATION LIMITED→ SC157855 · est 1995	—	—	£6.9k	—	31y	83	72y
AKELA PLANT HIRE LTD→ SC313584 · est 2006	—	—	£1.74M	—	19y	83	58y
ANDERSON KNIGHT LIMITED→ SC214850 · est 2001	—	—	—	2300	25y	83	63y
ASSISTING SUCCESS LIMITED→ SC294900 · est 2005	—	—	£29.2k	—	20y	83	62y
BIO-IMAGES DRUG DELIVERY LTD→ SC383233 · est 2010	—	—	—	0	15y	83	82y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Statusactive

Typeltd

Incorporated2015-08-27

Jurisdictionscotland

Primary SIC78109 — Other activities of employment placement agencies

Registered office

Robb Ferguson 3rd Floor

70 West Regent Street

Glasgow

G2 2QZ

Scotland

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-09-06

Last: 2025-08-23

Officers (2 active · 1 resigned)

MURPHY, George→

director · ~52y · appointed 2015-08-27

View their other companies + combined net worth →

Active

MURPHY, Louise→

director · ~50y · appointed 2015-08-27

View their other companies + combined net worth →

Active

MULGREW, David→

director · ~46y · appointed 2015-10-19 · resigned 2017-09-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		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

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2026-04-15

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-04-15

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-04-15

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2026-04-13

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-09-05

confirmation-statement-with-updates

confirmation-statement · CS01

2025-09-05

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-05-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-10

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2024-09-04

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-08-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-04-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-08-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-05-03

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-05

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-09-05