go resource limited
go resource limited Company Information
Company Number
07916114
Website
www.go-rg.comRegistered Address
camburgh house, 27 new dover road, canterbury, kent, CT1 3DN
Industry
Temporary employment agency activities
Telephone
01622823943
Next Accounts Due
June 2024
Group Structure
View All
Directors
Ruth Counsell9 Years
Shareholders
go resource group ltd 100%
go resource limited Estimated Valuation
Pomanda estimates the enterprise value of GO RESOURCE LIMITED at £25.2k based on a Turnover of £176.4k and 0.14x industry multiple (adjusted for size and gross margin).
go resource limited Estimated Valuation
Pomanda estimates the enterprise value of GO RESOURCE LIMITED at £0 based on an EBITDA of £-8.2k and a 2.95x industry multiple (adjusted for size and gross margin).
go resource limited Estimated Valuation
Pomanda estimates the enterprise value of GO RESOURCE LIMITED at £0 based on Net Assets of £-600.9k and 1.58x industry multiple (adjusted for liquidity).
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Go Resource Limited Overview
Go Resource Limited is a dissolved company that was located in canterbury, CT1 3DN with a Companies House number of 07916114. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in January 2012, it's largest shareholder was go resource group ltd with a 100% stake. The last turnover for Go Resource Limited was estimated at £176.4k.
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Go Resource Limited Health Check
Pomanda's financial health check has awarded Go Resource Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £176.4k, make it smaller than the average company (£11.4m)
- Go Resource Limited
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (-0.7%)
- Go Resource Limited
-0.7% - Industry AVG
Production
with a gross margin of 16.7%, this company has a comparable cost of product (16.7%)
- Go Resource Limited
16.7% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (2.7%)
- Go Resource Limited
2.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (44)
1 - Go Resource Limited
44 - Industry AVG
Pay Structure
on an average salary of £45.5k, the company has an equivalent pay structure (£45.5k)
- Go Resource Limited
£45.5k - Industry AVG
Efficiency
resulting in sales per employee of £176.4k, this is less efficient (£249.3k)
- Go Resource Limited
£249.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Go Resource Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (3 days)
- Go Resource Limited
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Go Resource Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Go Resource Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1671.9%, this is a higher level of debt than the average (78.1%)
1671.9% - Go Resource Limited
78.1% - Industry AVG
GO RESOURCE LIMITED financials
Go Resource Limited's latest turnover from May 2022 is estimated at £176.4 thousand and the company has net assets of -£600.9 thousand. According to their latest financial statements, Go Resource Limited has 1 employee and maintains cash reserves of £100 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 1 | 1 | 81 | 155 | 234 | 283 | 19 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 4,398 | 7,907 | 7,857 | 0 | 0 | 3,031 | 3,283 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,450 | 24,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 4,398 | 7,907 | 7,857 | 0 | 0 | 24,481 | 27,283 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 121,630 | 402,639 | 250,562 | 92,929 | 51,101 | 25,956 | 40,965 |
| Group Debtors | 38,126 | 44,624 | 82,165 | 232,955 | 199,180 | 49,976 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 202 | 3,506 | 3,181 | 171,781 | 196,963 | 0 | 0 | 0 | 0 |
| Cash | 100 | 509 | 457 | 85,737 | 56,210 | 3,452 | 4,447 | 167 | 172 | 5,184 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 38,226 | 45,335 | 86,128 | 443,503 | 829,810 | 500,953 | 97,376 | 51,268 | 26,128 | 46,149 |
| total assets | 38,226 | 45,335 | 86,128 | 447,901 | 837,717 | 508,810 | 97,376 | 51,268 | 50,609 | 73,432 |
| Bank overdraft | 0 | 0 | 0 | 96,657 | 271,907 | 163,124 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,107 | 0 | 3,417 | 22,731 | 98,315 | 43,837 | 95,193 | 50,949 | 50,386 | 69,933 |
| Group/Directors Accounts | 638,007 | 638,007 | 638,007 | 270,110 | 42,392 | 5,381 | 0 | 0 | 0 | 3,296 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 34,959 | 293,732 | 467,780 | 289,453 | 0 | 0 | 0 | 0 |
| total current liabilities | 639,114 | 638,007 | 676,383 | 683,230 | 880,394 | 501,795 | 95,193 | 50,949 | 50,386 | 73,229 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 639,114 | 638,007 | 676,383 | 683,230 | 880,394 | 501,795 | 95,193 | 50,949 | 50,386 | 73,229 |
| net assets | -600,888 | -592,672 | -590,255 | -235,329 | -42,677 | 7,015 | 2,183 | 319 | 223 | 203 |
| total shareholders funds | -600,888 | -592,672 | -590,255 | -235,329 | -42,677 | 7,015 | 2,183 | 319 | 223 | 203 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 4,398 | 3,509 | 3,509 | 2,620 | 0 | 0 | 1,151 | 495 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,550 | 15,000 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,700 | -40,845 | -272,095 | -415,834 | 276,099 | 404,572 | 41,828 | 25,145 | -15,009 | 40,965 |
| Creditors | 1,107 | -3,417 | -19,314 | -75,584 | 54,478 | -51,356 | 44,244 | 563 | -19,547 | 69,933 |
| Accruals and Deferred Income | 0 | -34,959 | -258,773 | -174,048 | 178,327 | 289,453 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 367,897 | 227,718 | 37,011 | 5,381 | 0 | 0 | -3,296 | 3,296 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -409 | 52 | -85,280 | 29,527 | 52,758 | -995 | 4,280 | -5 | -5,012 | 5,184 |
| overdraft | 0 | 0 | -96,657 | -175,250 | 108,783 | 163,124 | 0 | 0 | 0 | 0 |
| change in cash | -409 | 52 | 11,377 | 204,777 | -56,025 | -164,119 | 4,280 | -5 | -5,012 | 5,184 |
go resource limited Credit Report and Business Information
Go Resource Limited Competitor Analysis
Perform a competitor analysis for go resource limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
go resource limited Ownership
GO RESOURCE LIMITED group structure
Go Resource Limited has no subsidiary companies.
go resource limited directors
Go Resource Limited currently has 1 director, Mrs Ruth Counsell serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ruth Counsell | United Kingdom | 53 years | Jun 2015 | - | Director |
P&L
May 2022turnover
176.4k
-26%
operating profit
-8.2k
0%
gross margin
16.7%
+14.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
-600.9k
+0.01%
total assets
38.2k
-0.16%
cash
100
-0.8%
net assets
Total assets minus all liabilities
Similar Companies
go resource limited company details
company number
07916114
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
January 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
go personnel limited (May 2016)
hr service solutions kent limited (June 2015)
incorporated
UK
address
camburgh house, 27 new dover road, canterbury, kent, CT1 3DN
last accounts submitted
May 2022
go resource limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to go resource limited.
go resource limited Companies House Filings - See Documents
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