Experience North East England Limited

Active02281242Other servicesIncorporated 28 Jul 1988 · Newcastle Upon Tyne

Newcastle Gateshead Initiative (NGI) Limited is the destination and inward investment agency whose mission isto inspire people to visit, live, learn, work, and invest in Newcastle, Gateshead, and the wider region.We exist to benefit local people, creating jobs, opportunities, and a great place to live for current and futuregenerations. NGI champion key growth sectors on a global stage, maximising impact with the support of morethan 140 public and private sector partners.We are also the VisitEngland recognised Local Visitor Economy Partnership for Newcastle and Gateshead andthe lead accountable body for the first-ever Destination Development Partnership Pilot funded by the Departmentof Culture, Media, and Sport (DCMS). As a social enterprise, all projects are dedicated to making a lasting socialand economic impact.

Revenue

£4k

▲ +25.7% vs prior ~12m period

Profit after tax

£198

Margin 4.7%

Employees

31

▲ +6.9% vs prior ~12m period

Net assets

£202

Total assets £2k

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Mar 2023
£3k
Mar 2024
£4k▲ +25.7%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2024£4k▲ +25.7%£19931£202
31 Mar 2023£3k—£20229£4

Latest available figures

Period ending 31 Mar 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£4k
Gross profit
£544
Operating profit
£201
Profit before tax
£199
Profit after tax
£198

Balance sheet

Total assets
£2k
Cash
£801
Total liabilities
£1k
Net assets
£202
Revenue per employee
£139

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