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Company No. 12158108 · Incorporated 15 Aug 2019

Gotham Newco 2 Limited

Registered name: GOTHAM NEWCO 2 LIMITED

Part of Starboard Delivery Limited group

Gotham Newco 2 Limited made £11.7m revenue and a £2.6m loss in the year to 31 Jan 2024.

Gotham Newco 2 Limited’s revenue fell 5% to £11.7m in the year to 31 Jan 2024, with a loss of £2.6m and 388 employees. The company is classified under “take-away food shops and mobile food stands” and is based in Solihull; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56103Take-away food shops and mobile food stands
Status
Liquidation
Location
Solihull, West Midlands
Age
7 yrs · since 2019
Type
Private Limited Company

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. From the filing: “Starboard Delivery Limited”

Latest accounts · year to 31 Jan 2024

Key figures

Capital-lightCash flow filed
Revenue
£11.7m
Growth ▼4.6%
Profit
−£2.6m
Growth —
Profit margin
−22.7%
Gross 13.4%
Employees
388
Change ▼12.8%
Profit / employee
−£6.8k
Revenue/employee £30.1k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 202331 Jan 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£15.9m£12.2m£11.7m
Cost of sales£11.5m£10.6m£10.1m
Gross profit£4.4m£1.6m£1.6m
Operating profit£1.1m−£1.6m−£2.6m
Profit before tax£1.1m−£1.6m−£2.6m
Profit after tax£955k−£1.5m−£2.6m
Profit (best available)£955k−£1.5m−£2.6m
Staff costs£6.3m£5.5m£5.4m
Employees (average)531445388
Ratios
Profit margin6%−12.2%−22.7%
Gross margin27.9%13.4%13.4%
Revenue per employee£30k£27.5k£30.1k
Profit per employee£1.8k−£3.3k−£6.8k
Cash conversion174.3%——
Growth (year on year)
Revenue growth—▼23.3%▼4.6%
Profit growth—▼256.1%—
Headcount growth—▼16.2%▼12.8%
Balance sheet — indirect signals, not revenue
Cash at bank£1.6m£47k£227k
Net assets£1.2m−£241k−£2.9m
Fixed assets£592k£1.2m£3
Current assets£2.2m£751k£893k
Debtors£280k£311k£313k
Deferred income£489k£455k£451k
Cash from operations£1.9m−£696k−£1.5m
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Oct 2024
Derived from the latest filing

How the business works

Profit margin
−22.7%
Profit ÷ revenue.
Gross margin
13.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£30.1k
Revenue ÷ average employees.
Profit per employee
−£6.8k
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
3.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.7%
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
—
Now −£2.9m
Cash at bank
▲384%
Now £227k
Headcount
▼13%
Now 388
Deferred income
▼1%
Now £451k
Fixed assets
▼100%
Now £3

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Starboard Delivery Limited (registered outside the UK register)ultimate parent75–100%
  2. Gotham Newco 2 Limitedthis company

Bands show the share of ownership each company holds in the one below it.

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£2.6m), 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.