I mean looking at the last set of accounts it's too easy to say 'made a profit' because it's not that black and white

There's still negative equity in there of about £95k (admit this has changed from £5.26m so big improvement!)

Liabilities of £29m in there, largely owed to the parent group (about £19m of it) so yes it's profitable but if Go Ahead said stand on your own two feet or had a liquidity/capital issue - then GNE would be in bother - it cannot pay its bills without the parent company

It's got £6m in the bank vers £45.1m total liabilities