go sporting limited

go sporting limited Company Information

Share GO SPORTING LIMITED
Live 
EstablishedSmallDeclining

Company Number

08513628

Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

 

Directors

Mark Hooper

Shareholders

go group holdings limited

Group Structure

View All

Contact

Registered Address

20-24 high street, rayleigh, essex, SS6 7EF

go sporting limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of GO SPORTING LIMITED at £1.1m based on a Turnover of £869.4k and 1.23x industry multiple (adjusted for size and gross margin).

go sporting limited Estimated Valuation

£14.9k

Pomanda estimates the enterprise value of GO SPORTING LIMITED at £14.9k based on an EBITDA of £3.1k and a 4.85x industry multiple (adjusted for size and gross margin).

go sporting limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GO SPORTING LIMITED at £0 based on Net Assets of £-46.9k and 2.12x industry multiple (adjusted for liquidity).

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Go Sporting Limited Overview

Go Sporting Limited is a live company located in essex, SS6 7EF with a Companies House number of 08513628. It operates in the other sports activities sector, SIC Code 93199. Founded in May 2013, it's largest shareholder is go group holdings limited with a 100% stake. Go Sporting Limited is a established, small sized company, Pomanda has estimated its turnover at £869.4k with declining growth in recent years.

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Go Sporting Limited Health Check

Pomanda's financial health check has awarded Go Sporting Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £869.4k, make it larger than the average company (£599.4k)

£869.4k - Go Sporting Limited

£599.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (12%)

-28% - Go Sporting Limited

12% - Industry AVG

production

Production

with a gross margin of 45.2%, this company has a comparable cost of product (45.2%)

45.2% - Go Sporting Limited

45.2% - Industry AVG

profitability

Profitability

an operating margin of 0.4% make it less profitable than the average company (1.3%)

0.4% - Go Sporting Limited

1.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (13)

2 - Go Sporting Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £28k, the company has an equivalent pay structure (£28k)

£28k - Go Sporting Limited

£28k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £434.7k, this is more efficient (£63.9k)

£434.7k - Go Sporting Limited

£63.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is later than average (15 days)

40 days - Go Sporting Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (29 days)

17 days - Go Sporting Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 12 days, this is less than average (16 days)

12 days - Go Sporting Limited

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (71 weeks)

5 weeks - Go Sporting Limited

71 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 135.7%, this is a higher level of debt than the average (36.1%)

135.7% - Go Sporting Limited

36.1% - Industry AVG

GO SPORTING LIMITED financials

EXPORTms excel logo

Go Sporting Limited's latest turnover from March 2024 is estimated at £869.4 thousand and the company has net assets of -£46.9 thousand. According to their latest financial statements, Go Sporting Limited has 2 employees and maintains cash reserves of £19.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover869,429407,212345,4072,308,2763,150,6192,507,3761,311,663684,321104,21400
Other Income Or Grants00000000000
Cost Of Sales476,706232,943181,2801,355,6271,808,7881,400,413723,505366,39354,84200
Gross Profit392,722174,269164,127952,6501,341,8311,106,963588,158317,92849,37200
Admin Expenses389,646202,27773,507941,4131,335,2091,056,786609,862368,89997,19811,7587,586
Operating Profit3,076-28,00890,62011,2376,62250,177-21,704-50,971-47,826-11,758-7,586
Interest Payable3,0003,7583,0941,9211,00967900000
Interest Receivable739519139110847426492613
Pre-Tax Profit815-31,24787,6659,3275,61249,583-21,630-50,945-47,777-11,732-7,573
Tax-2040-16,656-1,772-1,066-9,42100000
Profit After Tax611-31,24771,0097,5554,54640,162-21,630-50,945-47,777-11,732-7,573
Dividends Paid00000000000
Retained Profit611-31,24771,0097,5554,54640,162-21,630-50,945-47,777-11,732-7,573
Employee Costs56,05753,92127,10347,70871,37771,46666,46768,27072,78900
Number Of Employees22123333300
EBITDA*3,076-28,00890,62011,2379,25055,148-16,167-45,401-42,409-8,562-6,654

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets00001952,8237,20912,11616,93011,2353,511
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets00001952,8237,20912,11616,93011,2353,511
Stock & work in progress15,9352,6583,04519,416114,590167,73924,92212,94445000
Trade Debtors96,47137,14724,362203,063302,063227,320129,73759,421000
Group Debtors00112,63600000000
Misc Debtors0003,08804,48301,9726342,6430
Cash19,1558,98815,45721,6690022,4587,10613,9755,5115,078
misc current assets00000000000
total current assets131,56148,793155,500247,236416,653399,542177,11781,44315,0598,1545,078
total assets131,56148,793155,500247,236416,848402,365184,32693,55931,98919,3898,589
Bank overdraft10,00010,00010,0008,33412,98020,10900000
Bank loan00000000000
Trade Creditors 23,27936,77456,604104,360314,308329,566155,51870,3432,02500
Group/Directors Accounts110,00000177,364150,000150,000153,810134,350000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities23,53627,88473,5142,80634,4092,08514,5556,79396,94638,59416,062
total current liabilities166,81574,658140,118292,864511,697501,760323,883211,48698,97138,59416,062
loans11,66721,66731,66741,6660000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities11,66721,66731,66741,6660000000
total liabilities178,48296,325171,785334,530511,697501,760323,883211,48698,97138,59416,062
net assets-46,921-47,532-16,285-87,294-94,849-99,395-139,557-117,927-66,982-19,205-7,473
total shareholders funds-46,921-47,532-16,285-87,294-94,849-99,395-139,557-117,927-66,982-19,205-7,473
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit3,076-28,00890,62011,2376,62250,177-21,704-50,971-47,826-11,758-7,586
Depreciation00002,6284,9715,5375,5705,4173,196932
Amortisation00000000000
Tax-2040-16,656-1,772-1,066-9,42100000
Stock13,277-387-16,371-95,174-53,149142,81711,97812,49445000
Debtors59,324-99,851-69,153-95,91270,260102,06668,34460,759-2,0092,6430
Creditors-13,495-19,830-47,756-209,948-15,258174,04885,17568,3182,02500
Accruals and Deferred Income-4,348-45,63070,708-31,60332,324-12,4707,762-90,15358,35222,53216,062
Deferred Taxes & Provisions00000000000
Cash flow from operations-87,5726,770182,440-41,0008,139-37,578-3,552-140,48919,52711,3279,408
Investing Activities
capital expenditure0001950-585-630-756-11,112-10,920-4,443
Change in Investments00000000000
cash flow from investments0001950-585-630-756-11,112-10,920-4,443
Financing Activities
Bank loans00000000000
Group/Directors Accounts110,0000-177,36427,3640-3,81019,460134,350000
Other Short Term Loans 00000000000
Long term loans-10,000-10,000-9,99941,6660000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000000100
interest-2,261-3,239-2,955-1,910-1,009-5957426492613
cash flow from financing97,739-13,239-190,31867,120-1,009-4,40519,534134,3764926113
cash and cash equivalents
cash10,167-6,469-6,21221,6690-22,45815,352-6,8698,4644335,078
overdraft001,666-4,646-7,12920,10900000
change in cash10,167-6,469-7,87826,3157,129-42,56715,352-6,8698,4644335,078

go sporting limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Go Sporting Limited Competitor Analysis

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Perform a competitor analysis for go sporting limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SS6 area or any other competitors across 12 key performance metrics.

go sporting limited Ownership

GO SPORTING LIMITED group structure

Go Sporting Limited has no subsidiary companies.

Ultimate parent company

1 parent

GO SPORTING LIMITED

08513628

GO SPORTING LIMITED Shareholders

go group holdings limited 100%

go sporting limited directors

Go Sporting Limited currently has 1 director, Mr Mark Hooper serving since May 2013.

officercountryagestartendrole
Mr Mark HooperEngland40 years May 2013- Director

P&L

March 2024

turnover

869.4k

+114%

operating profit

3.1k

0%

gross margin

45.2%

+5.55%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-46.9k

-0.01%

total assets

131.6k

+1.7%

cash

19.2k

+1.13%

net assets

Total assets minus all liabilities

go sporting limited company details

company number

08513628

Type

Private limited with Share Capital

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

May 2013

age

12

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

discount sports vouchers limited (November 2015)

accountant

-

auditor

-

address

20-24 high street, rayleigh, essex, SS6 7EF

Bank

-

Legal Advisor

-

go sporting 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 sporting limited.

go sporting limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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go sporting limited Companies House Filings - See Documents

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