Gotham Newco 2 Limited
Registered name: GOTHAM NEWCO 2 LIMITED
Part of Starboard Delivery Limited groupGotham 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.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 531 | 445 | 388 |
| Ratios | |||
| Profit margin | 6% | −12.2% | −22.7% |
| Gross margin | 27.9% | 13.4% | 13.4% |
| Revenue per employee | £30k | £27.5k | £30.1k |
| Profit per employee | £1.8k | −£3.3k | −£6.8k |
| Cash conversion | 174.3% | — | — |
| 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 |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 |
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.
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.
Group structure
Ownership chain
- Starboard Delivery Limited (registered outside the UK register)ultimate parent75–100%
- 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).
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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.