Go Accountancy & Outsourcing Limited
Registered name: GO ACCOUNTANCY & OUTSOURCING LIMITED
Go Accountancy & Outsourcing Limited made £1.7m revenue and £1.4m profit in the year to 30 Jun 2024.
Go Accountancy & Outsourcing Limited’s revenue was £1.7m in the year to 30 Jun 2024, with £1.4m profit and 6 employees. The company is classified under “management consultancy activities other than financial management” and is based in Lincoln; we hold 8 years of its filed accounts.
- Status
- Active
- Location
- Lincoln, East Midlands
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2017 | 30 Sep 2018 | 30 Sep 2019 | 30 Sep 2020 | 30 Sep 2021 | 30 Sep 2022 | 30 Sep 2023 | 30 Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | No P&L | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||||||
| Revenue (turnover) | — | — | — | — | — | — | £0 | £1.7m |
| Operating profit | — | — | — | — | — | — | £0 | £1.4m |
| Profit before tax | — | — | — | — | — | — | £0 | £1.4m |
| Profit after tax | — | — | — | — | — | — | £0 | £1.4m |
| Profit (best available) | — | — | — | — | — | — | £0 | £1.4m |
| Employees (average) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Ratios | ||||||||
| Profit margin | — | — | — | — | — | — | — | 79.8% |
| Revenue per employee | — | — | — | — | — | — | — | £291k |
| Profit per employee | — | — | — | — | — | — | — | £232k |
| Balance sheet — indirect signals, not revenue | ||||||||
| Cash at bank | £8.8k | £966 | £201 | £360 | £360 | £360 | £360 | £360 |
| Net assets | £27k | −£453k | £48.1k | −£3.6k | −£3.6k | −£3.6k | −£3.6k | £1.4m |
| Fixed assets | £250k | £150k | £50k | £1 | £1 | £1 | £1 | £1 |
| Current assets | £20.3k | £42.7k | £203 | £759 | £759 | £759 | £759 | £2.1m |
| Debtors | £11.4k | £40.7k | £0 | £399 | £399 | £399 | £0 | £2.1m |
| Deferred income | — | — | — | — | — | — | £0 | £90k |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 79.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £291k
- Revenue ÷ average employees.
- Profit per employee
- £232k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 120%
- 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 £1.4m
- Cash at bank
- —
- Now £360
- Headcount
- —
- Now 6
- Deferred income
- —
- Now £90k
- Fixed assets
- —
- Now £1
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (3)
- Castlemaine Associates LtdLiquidationFigures not disclosed
- Go Outsourcing (Back Office) LtdActive - Proposal to Strike offFigures not disclosed
- Go Outsourcing (Payroll & HR) LtdActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £1.4m), from the Companies House accounts bulk data published Oct 2024. 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.