Interim Results for the six-month period to 30 June 2026

Summary by AI BETAClose X

Globe Capital Limited reported interim results for the six months ended 30 June 2026, showing a loss before taxation of £61,000, an improvement from the £68,000 loss in the prior year's period, with basic and diluted loss per share at (0.02)p. The company completed no investment transactions during the period, maintaining its strategy of seeking medium-to-long-term growth investments. Total assets increased to £17,000 from £16,000, while total liabilities rose to £748,000 from £634,000, resulting in net assets of (£731,000). The company's priorities for the remainder of 2026 include cost control, resolving legacy liabilities, and securing funding and investment opportunities.

Disclaimer*

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
31 December
2025

 

 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
2026

 30 June
2025

 31 December
2025

 

 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
31 December
2025

 

 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

 




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