go sporting limited

3

go sporting limited Company Information

Share GO SPORTING LIMITED
Live 
EstablishedMicroDeclining

Company Number

08513628

Registered Address

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

Industry

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

 

Telephone

02039084661

Next Accounts Due

December 2024

Group Structure

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Directors

Mark Hooper11 Years

Shareholders

go group holdings limited 100%

go sporting limited Estimated Valuation

£323k

Pomanda estimates the enterprise value of GO SPORTING LIMITED at £323k based on a Turnover of £413.6k and 0.78x 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 an EBITDA of £-28k and a 2.96x 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 £-47.5k and 2.07x 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, micro sized company, Pomanda has estimated its turnover at £413.6k 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 £413.6k, make it smaller than the average company (£527.6k)

£413.6k - Go Sporting Limited

£527.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (5.6%)

-49% - Go Sporting Limited

5.6% - Industry AVG

production

Production

with a gross margin of 43.3%, this company has a comparable cost of product (43.3%)

43.3% - Go Sporting Limited

43.3% - Industry AVG

profitability

Profitability

an operating margin of -6.8% make it less profitable than the average company (1.9%)

-6.8% - Go Sporting Limited

1.9% - 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 £26.4k, the company has an equivalent pay structure (£26.4k)

£26.4k - Go Sporting Limited

£26.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £206.8k, this is more efficient (£65.4k)

£206.8k - Go Sporting Limited

£65.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is later than average (15 days)

32 days - Go Sporting Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (32 days)

57 days - Go Sporting Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (13 days)

4 days - Go Sporting Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (80 weeks)

6 weeks - Go Sporting Limited

80 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 197.4%, this is a higher level of debt than the average (37.7%)

197.4% - Go Sporting Limited

37.7% - Industry AVG

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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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

GO SPORTING LIMITED financials

EXPORTms excel logo

Go Sporting Limited's latest turnover from March 2023 is estimated at £413.6 thousand and the company has net assets of -£47.5 thousand. According to their latest financial statements, Go Sporting Limited has 2 employees and maintains cash reserves of £9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover413,578344,9882,274,3443,146,4822,532,8271,303,749682,087101,93100
Other Income Or Grants0000000000
Cost Of Sales234,372178,6681,301,1401,833,2681,425,809719,140365,19753,61000
Gross Profit179,205166,320973,2041,313,2141,107,018584,610316,89048,32100
Admin Expenses207,21375,700961,9671,306,5921,056,841606,314367,86196,14711,7587,586
Operating Profit-28,00890,62011,2376,62250,177-21,704-50,971-47,826-11,758-7,586
Interest Payable3,7583,0941,9211,00967900000
Interest Receivable519139110847426492613
Pre-Tax Profit-31,24787,6659,3275,61249,583-21,630-50,945-47,777-11,732-7,573
Tax0-16,656-1,772-1,066-9,42100000
Profit After Tax-31,24771,0097,5554,54640,162-21,630-50,945-47,777-11,732-7,573
Dividends Paid0000000000
Retained Profit-31,24771,0097,5554,54640,162-21,630-50,945-47,777-11,732-7,573
Employee Costs52,88826,44847,32971,14071,46666,46768,00369,87100
Number Of Employees2123333300
EBITDA*-28,00890,62011,2379,25055,148-16,167-45,401-42,409-8,562-6,654

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets0001952,8237,20912,11616,93011,2353,511
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets0001952,8237,20912,11616,93011,2353,511
Stock & work in progress2,6583,04519,416114,590167,73924,92212,94445000
Trade Debtors37,14724,362203,063302,063227,320129,73759,421000
Group Debtors0112,63600000000
Misc Debtors003,08804,48301,9726342,6430
Cash8,98815,45721,6690022,4587,10613,9755,5115,078
misc current assets0000000000
total current assets48,793155,500247,236416,653399,542177,11781,44315,0598,1545,078
total assets48,793155,500247,236416,848402,365184,32693,55931,98919,3898,589
Bank overdraft10,00010,0008,33412,98020,10900000
Bank loan0000000000
Trade Creditors 36,77456,604104,360314,308329,566155,51870,3432,02500
Group/Directors Accounts00177,364150,000150,000153,810134,350000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities27,88473,5142,80634,4092,08514,5556,79396,94638,59416,062
total current liabilities74,658140,118292,864511,697501,760323,883211,48698,97138,59416,062
loans21,66731,66741,6660000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities21,66731,66741,6660000000
total liabilities96,325171,785334,530511,697501,760323,883211,48698,97138,59416,062
net assets-47,532-16,285-87,294-94,849-99,395-139,557-117,927-66,982-19,205-7,473
total shareholders funds-47,532-16,285-87,294-94,849-99,395-139,557-117,927-66,982-19,205-7,473
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit-28,00890,62011,2376,62250,177-21,704-50,971-47,826-11,758-7,586
Depreciation0002,6284,9715,5375,5705,4173,196932
Amortisation0000000000
Tax0-16,656-1,772-1,066-9,42100000
Stock-387-16,371-95,174-53,149142,81711,97812,49445000
Debtors-99,851-69,153-95,91270,260102,06668,34460,759-2,0092,6430
Creditors-19,830-47,756-209,948-15,258174,04885,17568,3182,02500
Accruals and Deferred Income-45,63070,708-31,60332,324-12,4707,762-90,15358,35222,53216,062
Deferred Taxes & Provisions0000000000
Cash flow from operations6,770182,440-41,0008,139-37,578-3,552-140,48919,52711,3279,408
Investing Activities
capital expenditure001950-585-630-756-11,112-10,920-4,443
Change in Investments0000000000
cash flow from investments001950-585-630-756-11,112-10,920-4,443
Financing Activities
Bank loans0000000000
Group/Directors Accounts0-177,36427,3640-3,81019,460134,350000
Other Short Term Loans 0000000000
Long term loans-10,000-9,99941,6660000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000000100
interest-3,239-2,955-1,910-1,009-5957426492613
cash flow from financing-13,239-190,31867,120-1,009-4,40519,534134,3764926113
cash and cash equivalents
cash-6,469-6,21221,6690-22,45815,352-6,8698,4644335,078
overdraft01,666-4,646-7,12920,10900000
change in cash-6,469-7,87826,3157,129-42,56715,352-6,8698,4644335,078

P&L

March 2023

turnover

413.6k

+20%

operating profit

-28k

0%

gross margin

43.4%

-10.12%

turnover

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

Balance Sheet

March 2023

net assets

-47.5k

+1.92%

total assets

48.8k

-0.69%

cash

9k

-0.42%

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

11

accounts

Total Exemption Full

ultimate parent company

previous names

discount sports vouchers limited (November 2015)

incorporated

UK

address

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

last accounts submitted

March 2023

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.

charges

go sporting limited Companies House Filings - See Documents

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