go explore (scotland) limited
go explore (scotland) limited Company Information
Company Number
SC593975
Next Accounts
Dec 2025
Industry
Renting and leasing of trucks
Renting and leasing of cars and light motor vehicles
Shareholders
william allan timmins
james moss man campbell
Group Structure
View All
Contact
Registered Address
253 blairtummock road, glasgow, G33 4ED
Website
goexplorescotland.comgo explore (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of GO EXPLORE (SCOTLAND) LIMITED at £550.2k based on a Turnover of £773.2k and 0.71x industry multiple (adjusted for size and gross margin).
go explore (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of GO EXPLORE (SCOTLAND) LIMITED at £95.9k based on an EBITDA of £35.6k and a 2.69x industry multiple (adjusted for size and gross margin).
go explore (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of GO EXPLORE (SCOTLAND) LIMITED at £1.2m based on Net Assets of £478k and 2.48x industry multiple (adjusted for liquidity).
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Go Explore (scotland) Limited Overview
Go Explore (scotland) Limited is a live company located in glasgow, G33 4ED with a Companies House number of SC593975. It operates in the renting and leasing of trucks and other heavy vehicles sector, SIC Code 77120. Founded in April 2018, it's largest shareholder is william allan timmins with a 74% stake. Go Explore (scotland) Limited is a young, small sized company, Pomanda has estimated its turnover at £773.2k with rapid growth in recent years.
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Go Explore (scotland) Limited Health Check
Pomanda's financial health check has awarded Go Explore (Scotland) 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
3 Strong
2 Regular
7 Weak
Size
annual sales of £773.2k, make it smaller than the average company (£14.3m)
- Go Explore (scotland) Limited
£14.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 73%, show it is growing at a faster rate (10.5%)
- Go Explore (scotland) Limited
10.5% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
- Go Explore (scotland) Limited
29.5% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (12.9%)
- Go Explore (scotland) Limited
12.9% - Industry AVG
Employees
with 7 employees, this is below the industry average (40)
7 - Go Explore (scotland) Limited
40 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
- Go Explore (scotland) Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £110.5k, this is less efficient (£332k)
- Go Explore (scotland) Limited
£332k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (42 days)
- Go Explore (scotland) Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (29 days)
- Go Explore (scotland) Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is more than average (7 days)
- Go Explore (scotland) Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is more cash available to meet short term requirements (7 weeks)
11 weeks - Go Explore (scotland) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82%, this is a higher level of debt than the average (71.4%)
82% - Go Explore (scotland) Limited
71.4% - Industry AVG
GO EXPLORE (SCOTLAND) LIMITED financials
Go Explore (Scotland) Limited's latest turnover from March 2024 is estimated at £773.2 thousand and the company has net assets of £478 thousand. According to their latest financial statements, Go Explore (Scotland) Limited has 7 employees and maintains cash reserves of £161 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | 488,422 | 292,794 | ||||
| Admin Expenses | 256,984 | 192,100 | ||||
| Operating Profit | 231,438 | 100,694 | ||||
| Interest Payable | 61,645 | 74,181 | ||||
| Interest Receivable | 15 | 0 | ||||
| Pre-Tax Profit | 169,808 | 26,513 | ||||
| Tax | -34,862 | -1,915 | ||||
| Profit After Tax | 134,946 | 24,598 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | 134,946 | 24,598 | ||||
| Employee Costs | ||||||
| Number Of Employees | 7 | 6 | 1 | |||
| EBITDA* | 285,516 | 143,587 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,214,794 | 1,948,431 | 1,472,731 | 959,063 | 614,385 | 362,259 |
| Intangible Assets | 134,713 | 152,099 | 165,664 | 0 | 0 | 0 |
| Investments & Other | 2 | 2 | 2 | 150,000 | 150,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,349,509 | 2,100,532 | 1,638,397 | 1,109,063 | 764,385 | 362,259 |
| Stock & work in progress | 36,024 | 0 | 5,602 | 0 | 137,108 | 55,995 |
| Trade Debtors | 13,789 | 0 | 35,511 | 1,510 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 92,201 | 95,085 | 165,881 | 111,432 | 142,258 | 60,803 |
| Cash | 160,977 | 68,671 | 157,047 | 63,936 | 26,664 | 3,820 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 302,991 | 163,756 | 364,041 | 176,878 | 306,030 | 120,618 |
| total assets | 2,652,500 | 2,264,288 | 2,002,438 | 1,285,941 | 1,070,415 | 482,877 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,700 | 11,015 | 22,641 | 41,530 | 19,358 | 0 |
| Group/Directors Accounts | 94,993 | 11,993 | 0 | 26,250 | 0 | 0 |
| other short term finances | 121,778 | 121,778 | 21,778 | 23,675 | 30,000 | 50,396 |
| hp & lease commitments | 283,441 | 281,142 | 213,109 | 130,217 | 106,163 | 48,389 |
| other current liabilities | 185,262 | 155,788 | 298,771 | 137,660 | 61,978 | 137,782 |
| total current liabilities | 698,174 | 581,716 | 556,299 | 359,332 | 217,499 | 236,567 |
| loans | 62,295 | 86,237 | 108,015 | 124,365 | 0 | 0 |
| hp & lease commitments | 1,344,786 | 1,215,259 | 995,648 | 610,908 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 677,670 | 237,257 |
| provisions | 69,266 | 39,015 | 19,781 | 3,587 | 0 | 0 |
| total long term liabilities | 1,476,347 | 1,340,511 | 1,123,444 | 738,860 | 677,670 | 237,257 |
| total liabilities | 2,174,521 | 1,922,227 | 1,679,743 | 1,098,192 | 895,169 | 473,824 |
| net assets | 477,979 | 342,061 | 322,695 | 187,749 | 175,246 | 9,053 |
| total shareholders funds | 477,979 | 342,061 | 322,695 | 187,749 | 175,246 | 9,053 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 231,438 | 100,694 | ||||
| Depreciation | 11,331 | 48,961 | 49,830 | 42,893 | 0 | 0 |
| Amortisation | 17,386 | 17,289 | 4,248 | 0 | 0 | 0 |
| Tax | -34,862 | -1,915 | ||||
| Stock | 36,024 | -5,602 | 5,602 | -137,108 | 81,113 | 55,995 |
| Debtors | 10,905 | -106,307 | 88,450 | -29,316 | 81,455 | 60,803 |
| Creditors | 1,685 | -11,626 | -18,889 | 22,172 | 19,358 | 0 |
| Accruals and Deferred Income | 29,474 | -142,983 | 161,111 | 75,682 | -75,804 | 137,782 |
| Deferred Taxes & Provisions | 30,251 | 19,234 | 16,194 | 3,587 | 0 | 0 |
| Cash flow from operations | 315,018 | 409,537 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | -149,998 | 0 | 150,000 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 83,000 | 11,993 | -26,250 | 26,250 | 0 | 0 |
| Other Short Term Loans | 0 | 100,000 | -1,897 | -6,325 | -20,396 | 50,396 |
| Long term loans | -23,942 | -21,778 | -16,350 | 124,365 | 0 | 0 |
| Hire Purchase and Lease Commitments | 131,826 | 287,644 | 467,632 | 634,962 | 57,774 | 48,389 |
| other long term liabilities | 0 | 0 | 0 | -677,670 | 440,413 | 237,257 |
| share issue | ||||||
| interest | -61,630 | -74,181 | ||||
| cash flow from financing | 361,505 | 15,306 | ||||
| cash and cash equivalents | ||||||
| cash | 92,306 | -88,376 | 93,111 | 37,272 | 22,844 | 3,820 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 92,306 | -88,376 | 93,111 | 37,272 | 22,844 | 3,820 |
go explore (scotland) limited Credit Report and Business Information
Go Explore (scotland) Limited Competitor Analysis
Perform a competitor analysis for go explore (scotland) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in G33 area or any other competitors across 12 key performance metrics.
go explore (scotland) limited Ownership
GO EXPLORE (SCOTLAND) LIMITED group structure
Go Explore (Scotland) Limited has no subsidiary companies.
Ultimate parent company
GO EXPLORE (SCOTLAND) LIMITED
SC593975
go explore (scotland) limited directors
Go Explore (Scotland) Limited currently has 2 directors. The longest serving directors include Mr James Campbell (Apr 2018) and Mr William Timmins (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Campbell | Scotland | 81 years | Apr 2018 | - | Director |
| Mr William Timmins | 70 years | Dec 2020 | - | Director |
P&L
March 2024turnover
773.2k
-27%
operating profit
6.9k
0%
gross margin
29.5%
-2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
478k
+0.4%
total assets
2.7m
+0.17%
cash
161k
+1.34%
net assets
Total assets minus all liabilities
go explore (scotland) limited company details
company number
SC593975
Type
Private limited with Share Capital
industry
77120 - Renting and leasing of trucks
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ROBB FERGUSON CHARTERED ACCOUNTANTS
auditor
-
address
253 blairtummock road, glasgow, G33 4ED
Bank
-
Legal Advisor
-
go explore (scotland) 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 explore (scotland) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
go explore (scotland) 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.
Click to start generating capital raising & share issue transactions for GO EXPLORE (SCOTLAND) LIMITED. This can take several minutes, an email will notify you when this has completed.
go explore (scotland) limited Companies House Filings - See Documents
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