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In 2002 Sir Derek Bibby, 2nd baronet, and great-great-grandson of the founder and past chairman and president of the firm, was aged 80 and terminally ill with leukemia.
During the Glorious Revolution of 1688, he acted as the Earl of Danby's lieutenant in the North in support of the revolution and was rewarded by the new regime with the office of Lieutenant-General of the Ordnance, a post which he held until 1702.
In 1833 he succeeded to the Ravensdale Park estate in Derbyshire on the death of Sir Henry James Goodricke, 7th Baronet, son of Sir Henry Goodricke, 6th Baronet, by Charlotte, sister of the first Earl of Clermont.