go north west limited
go north west limited Company Information
Company Number
08205871
Website
www.gonorthwest.co.ukRegistered Address
3rd floor 41-51, grey street, newcastle upon tyne, NE1 6EE
Industry
Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
Telephone
-
Next Accounts Due
214 days late
Group Structure
View All
Shareholders
go-ahead holding ltd 100%
go north west limited Estimated Valuation
Pomanda estimates the enterprise value of GO NORTH WEST LIMITED at £0 based on a Turnover of £30.1m and -0.1x industry multiple (adjusted for size and gross margin).
go north west limited Estimated Valuation
Pomanda estimates the enterprise value of GO NORTH WEST LIMITED at £0 based on an EBITDA of £2.7m and a -0.86x industry multiple (adjusted for size and gross margin).
go north west limited Estimated Valuation
Pomanda estimates the enterprise value of GO NORTH WEST LIMITED at £0 based on Net Assets of £-2.3m and 2.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Go North West Limited Overview
Go North West Limited is a live company located in newcastle upon tyne, NE1 6EE with a Companies House number of 08205871. It operates in the other urban, suburban or metropolitan passenger land transport (not underground, metro or similar) sector, SIC Code 49319. Founded in September 2012, it's largest shareholder is go-ahead holding ltd with a 100% stake. Go North West Limited is a established, large sized company, Pomanda has estimated its turnover at £30.1m with rapid growth in recent years.
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Go North West Limited Health Check
Pomanda's financial health check has awarded Go North West Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £30.1m, make it in line with the average company (£26.5m)
£30.1m - Go North West Limited
£26.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 150%, show it is growing at a faster rate (-1.6%)
150% - Go North West Limited
-1.6% - Industry AVG
Production
with a gross margin of -16.4%, this company has a higher cost of product (4.7%)
-16.4% - Go North West Limited
4.7% - Industry AVG
Profitability
an operating margin of 1.5% make it as profitable than the average company (1.7%)
1.5% - Go North West Limited
1.7% - Industry AVG
Employees
with 529 employees, this is similar to the industry average (474)
529 - Go North West Limited
474 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£31.9k)
£35.1k - Go North West Limited
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £56.9k, this is equally as efficient (£56.3k)
£56.9k - Go North West Limited
£56.3k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (8 days)
6 days - Go North West Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (7 days)
32 days - Go North West Limited
7 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (4 days)
1 days - Go North West Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Go North West Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.3%, this is a higher level of debt than the average (68.4%)
115.3% - Go North West Limited
68.4% - Industry AVG
GO NORTH WEST LIMITED financials
Go North West Limited's latest turnover from July 2022 is £30.1 million and the company has net assets of -£2.3 million. According to their latest financial statements, Go North West Limited has 529 employees and maintains cash reserves of £91 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 30,106,000 | 34,840,000 | 23,375,000 | 1,916,000 | ||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | 436,000 | 1,129,000 | -2,376,000 | -2,158,000 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 436,000 | 2,122,000 | -5,347,000 | -242,000 | ||||||
| Tax | -138,000 | -164,000 | 1,054,000 | -29,000 | ||||||
| Profit After Tax | 298,000 | 1,958,000 | -4,293,000 | -271,000 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 298,000 | 1,958,000 | -4,293,000 | -271,000 | ||||||
| Employee Costs | 18,546,000 | 17,493,000 | 18,590,000 | 1,327,000 | ||||||
| Number Of Employees | 529 | 595 | 604 | 565 | ||||||
| EBITDA* | 2,716,000 | 3,225,000 | -482,000 | -2,040,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,738,000 | 9,042,000 | 9,204,000 | 12,417,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 80,000 | 121,000 | 162,000 | 236,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 440,000 | 0 | 340,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 394,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,258,000 | 8,769,000 | 9,706,000 | 12,653,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 144,000 | 215,000 | 181,000 | 164,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 512,000 | 11,124,000 | 60,000 | 1,334,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 1,601,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,410,000 | 559,000 | 3,116,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 91,000 | 73,000 | 31,000 | 1,793,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,758,000 | 11,972,000 | 3,388,000 | 3,291,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 15,016,000 | 20,741,000 | 13,094,000 | 15,944,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,110,000 | 1,295,000 | 798,000 | 15,807,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 11,150,000 | 0 | 12,262,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,645,000 | 21,708,000 | 4,175,000 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 16,905,000 | 23,008,000 | 17,235,000 | 15,831,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 403,000 | 670,000 | 423,000 | 384,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 403,000 | 335,000 | 423,000 | 384,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 17,308,000 | 23,343,000 | 17,658,000 | 16,215,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -2,292,000 | -2,602,000 | -4,564,000 | -271,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -2,292,000 | -2,602,000 | -4,564,000 | -271,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 436,000 | 1,129,000 | -2,376,000 | -2,158,000 | ||||||
| Depreciation | 2,239,000 | 2,055,000 | 1,853,000 | 114,000 | ||||||
| Amortisation | 41,000 | 41,000 | 41,000 | 4,000 | ||||||
| Tax | -138,000 | -164,000 | 1,054,000 | -29,000 | ||||||
| Stock | -71,000 | 34,000 | 17,000 | 164,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,554,000 | 8,901,000 | 1,842,000 | 1,334,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 1,815,000 | 497,000 | -15,009,000 | 15,807,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -19,063,000 | 17,533,000 | 4,151,000 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -267,000 | 247,000 | 39,000 | 384,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,312,000 | 12,403,000 | -12,106,000 | 12,648,000 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 440,000 | -340,000 | 340,000 | 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 | 11,150,000 | -12,262,000 | 12,262,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -5,000 | 5,000 | 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 | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | 11,157,000 | -12,253,000 | 12,262,000 | 0 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 18,000 | 42,000 | -1,762,000 | 1,793,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 18,000 | 42,000 | -1,762,000 | 1,793,000 | 0 | 0 | 0 | 0 | 0 | 0 |
go north west limited Credit Report and Business Information
Go North West Limited Competitor Analysis
Perform a competitor analysis for go north west limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in NE1 area or any other competitors across 12 key performance metrics.
go north west limited Ownership
GO NORTH WEST LIMITED group structure
Go North West Limited has no subsidiary companies.
Ultimate parent company
GLOBALVIA INVERSIONES SA
#0003879
2 parents
GO NORTH WEST LIMITED
08205871
go north west limited directors
Go North West Limited currently has 7 directors. The longest serving directors include Mr Jon Croxford (Aug 2019) and Mr Nigel Featham (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jon Croxford | United Kingdom | 40 years | Aug 2019 | - | Director |
| Mr Nigel Featham | England | 60 years | Sep 2019 | - | Director |
| Mr Nigel Featham | 60 years | Sep 2019 | - | Director | |
| Mr Gordon Boyd | United Kingdom | 64 years | Sep 2021 | - | Director |
| Mr Martin Dean | United Kingdom | 61 years | Jun 2022 | - | Director |
| Mr Christopher Seddon | United Kingdom | 33 years | Oct 2022 | - | Director |
| Mr Martyn Walsh | United Kingdom | 32 years | Oct 2023 | - | Director |
P&L
July 2022turnover
30.1m
-14%
operating profit
436k
-61%
gross margin
-16.4%
-43.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
-2.3m
-0.12%
total assets
15m
-0.28%
cash
91k
+0.25%
net assets
Total assets minus all liabilities
Similar Companies
go north west limited company details
company number
08205871
Type
Private limited with Share Capital
industry
49319 - Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
incorporation date
September 2012
age
12
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
go-ahead xx ltd (February 2019)
go-ahead colas rail limited (September 2013)
accountant
-
auditor
-
address
3rd floor 41-51, grey street, newcastle upon tyne, NE1 6EE
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
go north west 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 found 1 charges/mortgages relating to go north west limited. Currently there are 1 open charges and 0 have been satisfied in the past.
go north west limited Companies House Filings - See Documents
| date | description | view/download |
|---|
