Jim D. shorewayradio <...> said:

Having considered this;it occurs to me then that the newly 'named'
Companies;having to undergo the same incorporation rules as any
company,must be, legally, a new entity not previously connected to the
original licence holding companies, and therefore don't they have to
undergo the full licence application instead of being 'fast-tracked'?

'fraid I'm not really qualifed to answer that one, suffice to say that where only 1 application is received for a licence renewal, the "fast-track procedure" is the only real viable option – Unless of course Ofcom think the company/group are not a fit entity to hold a broadcase licence ;)
—
Charlie