The Go-Ahead Group Limited
Registered name: THE GO-AHEAD GROUP LIMITED
Part of Go-Ahead Investment Topco Limited groupThe Go-Ahead Group Limited made £3.8bn revenue and £29.7m profit in the year to 31 Dec 2025.
The Go-Ahead Group Limited’s revenue grew 7% to £3.8bn in the year to 31 Dec 2025, with £29.7m profit and 29,209 employees. The company is classified under “other passenger land transport” and is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 39 yrs · since 1987
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £74.6m | £3.5bn | £3.8bn |
| Cost of sales | −£172m | — | — |
| Operating profit | −£97.8m | £56.1m | £112m |
| Profit before tax | −£42.3m | −£6m | £40.7m |
| Profit after tax | −£21.6m | −£28.2m | £29.7m |
| Profit (best available) | −£21.6m | −£28.2m | £29.7m |
| Employees (average) | 219 | 28,023 | 29,209 |
| Ratios | |||
| Profit margin | −28.9% | −0.8% | 0.8% |
| Revenue per employee | £341k | £126k | £130k |
| Profit per employee | −£98.6k | −£1k | £1k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲7.3% |
| Headcount growth | — | — | ▲4.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Sep 2026 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £130k
- Revenue ÷ average employees.
- Profit per employee
- £1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲4%
- Now 29,209
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Go-Ahead Investment Topco Limitedultimate parent75–100%
- Go-Ahead Investment Midco Limited75–100%
- Go-Ahead Investment Parent Limited75–100%
- Go-Ahead Investment Bidco Limited75–100%
- The Go-Ahead Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (8)
- Birmingham Passenger Transport Services LimitedFigures not disclosed
- Ghi LtdFigures not disclosed
- Go Coastline LimitedFigures not disclosed
- Go London LimitedFigures not disclosed
- Go-Ahead Holding LimitedFigures not disclosed
- Levers Coaches LimitedFigures not disclosed
- Southern Vectis LimitedFigures not disclosed
- Victory Railway Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £29.7m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.