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Company No. 10911388 · Incorporated 11 Aug 2017

Lets Godo Ltd

Registered name: LETS GODO LTD

Lets Godo Ltd made £0 revenue and a £390k loss in the year to 31 Mar 2023. read from filing text

Lets Godo Ltd’s revenue fell 100% to £0 in the year to 31 Mar 2023, with a loss of £390k and 2 employees. The company is classified under “other reservation service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 79909Other reservation service activities n.e.c.
Status
Liquidation
Location
London, London
Age
9 yrs · since 2017
Type
Private Limited Company
Latest accounts · year to 31 Mar 2023

Key figures

IndependentSmall team
Revenue
£0
Growth ▼100%
Profit
−£390k
Growth —
Profit margin
—
 
Employees
2
Change 0%
Profit / employee
−£195k
Revenue/employee £0
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£36.2k£0
Cost of sales£30k£0
Gross profit£6.2k£0
Operating profit−£399k−£475k
Profit before tax−£399k−£473k
Profit after tax−£338k−£390k
Profit (best available)−£338k−£390k
Employees (average)22
Ratios
Profit margin−934.9%—
Gross margin17.2%—
Revenue per employee£18.1k£0
Profit per employee−£169k−£195k
Growth (year on year)
Revenue growth—▼100%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£3.6k£527k
Net assets£1.4m£1m
Fixed assets£15k£6.7k
Current assets£6.6m£6.8m
Debtors£1.3m£1m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£0
Revenue ÷ average employees.
Profit per employee
−£195k
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.
Indirect — not revenue

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
▼27%
Now £1m
Cash at bank
▲14367%
Now £527k
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
▼56%
Now £6.7k
Corporate ownership

Group structure

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£390k), from the Companies House accounts bulk data published Dec 2023. 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.