(27 Jan 2026, 11:28 am)Ambassador wrote 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

Aye some fair points, but not sure GoAhead are going to be say stand on there own feet any time soon. Seems like they're doing the opposite and bringing certain parts of the company together rather than splitting it.

I get what you're saying but even like you say there's been a massive improvement in the equity etc. I haven't checked the accounts recently but I believe it's all pretty much positive if I remember right and it wasn't in a great place when Gilbert left it, COVID or not.