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Disseminated via PRN on 30 September 2026
Globe Capital Limited
("Globe Capital" or the "Company")
Interim Results for the six-month period to 30 June 2026
Chairman’s Statement
Results
I am pleased to present the unaudited interim results of Globe Capital Limited for the six months ended 30 June 2026.
The Company did not complete any investment transactions during the period. The Company's investment strategy remains to seek medium-to-long-term investments in businesses that exhibit growth potential, and to be an active investor in situations where the Company can make a clear contribution to the growth and development of the investment. The Board continues to review the Company's investment policy and to evaluate opportunities against that strategy.
Corporate
Following the appointment of AlbR Capital Limited as the Company's Aquis Corporate Adviser in November 2025, AlbR Capital Limited was also appointed as the Company's Broker in June 2026.
Outlook
The Board's priorities for the remainder of 2026 are to continue to control costs, to resolve the Company's legacy liabilities and to secure the funding and investment opportunities that will allow the Company to deliver value for shareholders. The Company remains well placed to take advantage of suitable opportunities as they arise and will update shareholders as appropriate.
30 September 2026
Simon Grant Rennick
Chairman
Globe Capital Limited
Consolidated Profit and Loss and Other Comprehensive Income
Six months ended 30 June 2026
|
|
6 months ended 30 June 2026 |
6 months ended 30 June 2025 |
Year ended |
|
|
GBP '000 |
GBP '000 |
GBP '000 |
|
Revenue |
- |
- |
- |
|
Cost of services |
- |
- |
- |
|
|
|
|
|
|
Gross Profit |
- |
- |
- |
|
|
|
|
|
|
Other Income |
- |
- |
- |
|
Administrative Expenses |
(54) |
(61) |
(105) |
|
Finance Costs |
(7) |
(7) |
(14) |
|
|
|
|
|
|
Loss Before Taxation |
(61) |
(68) |
(119) |
|
|
|
|
|
|
Taxation |
- |
- |
- |
|
|
|
|
|
|
Other Comprehensive Loss |
- |
- |
- |
|
|
|
|
|
|
Loss for the period |
(61) |
(68) |
(119) |
|
|
|
|
|
|
Earning / (Loss) per share |
|
|
|
|
Basic & Diluted (pence) |
(0.02)p |
(0.03)p |
(0.05)p |
|
|
|
|
|
Globe Capital Limited
Consolidated Statement of financial position as at 30 June 2026
|
|
30 June |
30 June |
31 December |
|
|
GBP '000 |
GBP '000 |
GBP '000 |
|
|
|
|
|
|
Non-current assets |
|
|
|
|
Property, plant and equipment |
- |
- |
- |
|
Goodwill |
- |
- |
- |
|
Financial assets at fair value through profit or loss |
2 |
1 |
3 |
|
|
|
|
|
|
Current assets |
|
|
|
|
Other receivables and prepayments |
14 |
14 |
11 |
|
Cash and cash equivalents |
1 |
1 |
1 |
|
Other debtors and receivables |
- |
- |
- |
|
|
|
|
|
|
Total Assets |
17 |
16 |
15 |
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
Other payables |
376 |
94 |
325 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: falling due after more than one year |
|
|
|
|
Amounts due to directors |
172 |
148 |
160 |
|
Amounts due to a related company |
200 |
274 |
200 |
|
Other payables |
- |
118 |
- |
|
|
|
|
|
|
Total Liabilities |
748 |
634 |
685 |
|
|
|
|
|
|
Net Assets |
(731) |
(618) |
(670) |
|
|
|
|
|
|
Shareholders' Equity |
|
|
|
|
Share Capital |
645 |
645 |
645 |
|
Reserves |
(1376) |
(1263) |
(1315) |
|
|
|
|
|
|
Total Equity |
(731) |
(618) |
(670) |
Globe Capital Limited
Consolidated Statement of Cash Flows
Period ended 30 June 2026
|
|
6 months ended 30 June 2026 |
6 months ended 30 June 2025 |
Year ended |
|
|
GBP '000 |
GBP '000 |
GBP '000 |
|
Loss before income tax |
(61) |
(68) |
(119) |
|
Adjustment: |
|
|
|
|
Decrease/(Increase) in value of financial assets |
1 |
- |
(3) |
|
Interest expenses |
7 |
7 |
14 |
|
Gain on financial assets |
- |
- |
- |
|
Non cash transactions written off |
- |
- |
- |
|
Operating loss before working capital changes |
(53) |
(61) |
(108) |
|
|
|
|
|
|
Changes in working capital: |
|
|
|
|
Other receivables and prepayments |
(3) |
(3) |
- |
|
Other payables |
12 |
(9) |
85 |
|
Amounts due to directors |
- |
- |
- |
|
Amounts due to shareholders |
- |
- |
- |
|
Net cash used in operating activities |
(44) |
(73) |
(23) |
|
|
|
|
|
|
Cash flows from investing activities |
|
|
|
|
Other loan repayments |
- |
- |
- |
|
Increase in loans receivable |
- |
- |
- |
|
Increase in loans from related parties |
32 |
62 |
- |
|
Increase in directors’ loan |
12 |
12 |
24 |
|
Interest received |
- |
- |
- |
|
Net cash from investing activities |
44 |
74 |
24 |
|
|
|
|
|
|
Increase in cash and cash equivalents |
- |
1 |
1 |
|
Cash and cash equivalents at the beginning of the period |
1 |
- |
- |
|
Cash and cash equivalents at end of period |
1 |
1 |
1 |
|
|
|
|
|
|
Cash at Bank C/F |
1 |
1 |
1 |
The financial information set out above has not been reviewed or audited by the company's auditors.
Basic and diluted profit per share is calculated by dividing the loss for the period of £61,000 (2025: loss £68,000) by the weighted average number of ordinary shares of 255,919,752 (2025: 255,919,752).
The directors of Globe Capital Limited accept responsibility for this announcement.
For further information
Globe Capital Limited
Simon Grant-Rennick
Burns Singh Tennent-Bhohi
Darren Edmonston
Tel: +44 (0) 1279 635511
CORPORATE ADVISER AND BROKER:
AlbR Capital Limited
David Coffman
Tel: +44 (0)20 7469 0930
