west herts golf club limited
west herts golf club limited Company Information
Group Structure
View All
Industry
Activities of sport clubs
Registered Address
cassiobury park, rousebarn lane, croxley green, rickmansworth, hertfordshire, WD3 3GG
Website
www.westhertsgolfclub.co.ukwest herts golf club limited Estimated Valuation
Pomanda estimates the enterprise value of WEST HERTS GOLF CLUB LIMITED at £1.5m based on a Turnover of £1.3m and 1.17x industry multiple (adjusted for size and gross margin).
west herts golf club limited Estimated Valuation
Pomanda estimates the enterprise value of WEST HERTS GOLF CLUB LIMITED at £6.5k based on an EBITDA of £2k and a 3.24x industry multiple (adjusted for size and gross margin).
west herts golf club limited Estimated Valuation
Pomanda estimates the enterprise value of WEST HERTS GOLF CLUB LIMITED at £3.4m based on Net Assets of £1.9m and 1.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
West Herts Golf Club Limited Overview
West Herts Golf Club Limited is a live company located in rickmansworth, WD3 3GG with a Companies House number of 00041272. It operates in the activities of sport clubs sector, SIC Code 93120. Founded in June 1894, it's largest shareholder is unknown. West Herts Golf Club Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
West Herts Golf Club Limited Health Check
Pomanda's financial health check has awarded West Herts Golf Club Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.3m, make it larger than the average company (£392.6k)
- West Herts Golf Club Limited
£392.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (11.5%)
- West Herts Golf Club Limited
11.5% - Industry AVG
Production
with a gross margin of 60.7%, this company has a comparable cost of product (60.7%)
- West Herts Golf Club Limited
60.7% - Industry AVG
Profitability
an operating margin of -11.9% make it less profitable than the average company (0.4%)
- West Herts Golf Club Limited
0.4% - Industry AVG
Employees
with 48 employees, this is above the industry average (17)
48 - West Herts Golf Club Limited
17 - Industry AVG
Pay Structure
on an average salary of £18k, the company has a lower pay structure (£22.8k)
£18k - West Herts Golf Club Limited
£22.8k - Industry AVG
Efficiency
resulting in sales per employee of £27.4k, this is less efficient (£52.5k)
- West Herts Golf Club Limited
£52.5k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (13 days)
- West Herts Golf Club Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (41 days)
- West Herts Golf Club Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is more than average (15 days)
- West Herts Golf Club Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is less cash available to meet short term requirements (63 weeks)
49 weeks - West Herts Golf Club Limited
63 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.9%, this is a similar level of debt than the average (39.5%)
35.9% - West Herts Golf Club Limited
39.5% - Industry AVG
WEST HERTS GOLF CLUB LIMITED financials
West Herts Golf Club Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £1.9 million. According to their latest financial statements, West Herts Golf Club Limited has 48 employees and maintains cash reserves of £678.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,617,553 | 1,488,106 | 1,223,899 | 1,124,511 | 1,158,806 | 1,111,269 | 1,114,165 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 617,862 | 468,570 | 269,481 | 256,308 | 253,793 | 243,571 | 250,905 | ||||||||
| Gross Profit | 999,691 | 1,019,536 | 954,418 | 868,203 | 905,013 | 867,698 | 863,260 | ||||||||
| Admin Expenses | 963,919 | 1,009,373 | 910,837 | 880,936 | 900,898 | 849,506 | 834,451 | ||||||||
| Operating Profit | 35,772 | 10,163 | 43,581 | -12,733 | 4,115 | 18,192 | 28,809 | ||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 65,532 | 10,291 | 5,259 | 12,003 | 7,540 | 5,957 | |||||||||
| Pre-Tax Profit | 101,304 | 20,454 | 48,840 | -730 | 11,655 | 24,149 | 29,964 | ||||||||
| Tax | -16,671 | -3,544 | -3,600 | -4,613 | -3,734 | -3,364 | -376 | ||||||||
| Profit After Tax | 84,633 | 16,910 | 45,240 | -5,343 | 7,921 | 20,785 | 29,588 | ||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 84,633 | 16,910 | 45,240 | -5,343 | 7,921 | 20,785 | 29,588 | ||||||||
| Employee Costs | 863,484 | 786,608 | 690,905 | 635,489 | 673,092 | 658,667 | 666,179 | 662,040 | 527,050 | 441,738 | 410,050 | 402,149 | 398,119 | 393,180 | |
| Number Of Employees | 48 | 43 | 38 | 45 | 50 | 43 | 42 | 40 | 29 | ||||||
| EBITDA* | 176,628 | 130,223 | 172,101 | 110,717 | 137,931 | 147,861 | 152,685 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,586,752 | 1,615,324 | 1,727,331 | 1,614,353 | 1,487,806 | 1,277,605 | 1,361,412 | 1,314,257 | 1,240,854 | 1,250,655 | 1,284,907 | 1,286,604 | 1,304,218 | 1,380,517 | 1,399,564 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 635,000 | 635,000 | 635,000 | 550,000 | 550,000 | 550,000 | 550,000 | 535,700 | |||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,221,752 | 2,250,324 | 2,362,331 | 2,164,353 | 2,037,806 | 1,827,605 | 1,911,412 | 1,849,957 | 1,240,854 | 1,250,655 | 1,284,907 | 1,286,604 | 1,304,218 | 1,380,517 | 1,399,564 |
| Stock & work in progress | 34,198 | 33,701 | 31,304 | 27,186 | 24,468 | 25,917 | 27,553 | 25,509 | 19,981 | 24,797 | 28,452 | 20,478 | 19,478 | 26,183 | 28,869 |
| Trade Debtors | 24,438 | 14,698 | 27,410 | 18,072 | 21,580 | 19,533 | 16,817 | 12,118 | 7,486 | 2,420 | 44,108 | 62,922 | 15,560 | 11,039 | 8,100 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 25,399 | 17,111 | 10,406 | 16,637 | 20,342 | 4,106 | 3,000 | 25,424 | 27,316 | 44,828 | |||||
| Cash | 678,809 | 701,639 | 613,126 | 641,871 | 491,170 | 632,933 | 543,562 | 675,701 | 626,524 | 488,618 | 465,235 | 431,002 | 697,609 | 353,077 | 299,701 |
| misc current assets | |||||||||||||||
| total current assets | 762,844 | 767,149 | 682,246 | 703,766 | 557,560 | 682,489 | 587,932 | 716,328 | 653,991 | 541,259 | 537,795 | 514,402 | 759,963 | 435,127 | 361,965 |
| total assets | 2,984,596 | 3,017,473 | 3,044,577 | 2,868,119 | 2,595,366 | 2,510,094 | 2,499,344 | 2,566,285 | 1,894,845 | 1,791,914 | 1,822,702 | 1,801,006 | 2,064,181 | 1,815,644 | 1,761,529 |
| Bank overdraft | |||||||||||||||
| Bank loan | 19,494 | 18,626 | 17,759 | 16,891 | |||||||||||
| Trade Creditors | 51,946 | 68,498 | 55,258 | 16,832 | 110,234 | 51,950 | 46,988 | 42,005 | 82,818 | 20,606 | 270,860 | 207,062 | 55,710 | 76,643 | 34,217 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 637,340 | 513,007 | 526,519 | 475,079 | 294,633 | 262,823 | 252,962 | 316,719 | 212,099 | 181,258 | 402,152 | 132,809 | |||
| total current liabilities | 708,780 | 600,131 | 599,536 | 508,802 | 404,867 | 314,773 | 299,950 | 358,724 | 294,917 | 201,864 | 270,860 | 207,062 | 457,862 | 209,452 | 166,403 |
| loans | 113,209 | 133,476 | 151,356 | 169,352 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 154,332 | 161,364 | 169,568 | 175,428 | 182,460 | 189,492 | 196,524 | 203,556 | 210,588 | 217,620 | 238,716 | 246,510 | |||
| other liabilities | 224,652 | 231,684 | |||||||||||||
| provisions | 94,467 | 71,795 | 71,795 | 55,645 | 49,787 | 48,608 | 49,787 | 49,085 | |||||||
| total long term liabilities | 362,008 | 366,635 | 392,719 | 400,425 | 232,247 | 238,100 | 246,311 | 252,641 | 210,588 | 217,620 | 224,652 | 231,684 | 238,716 | 246,510 | 256,229 |
| total liabilities | 1,070,788 | 966,766 | 992,255 | 909,227 | 637,114 | 552,873 | 546,261 | 611,365 | 505,505 | 419,484 | 495,512 | 438,746 | 696,578 | 455,962 | 422,632 |
| net assets | 1,913,808 | 2,050,707 | 2,052,322 | 1,958,892 | 1,958,252 | 1,957,221 | 1,953,083 | 1,954,920 | 1,389,340 | 1,372,430 | 1,327,190 | 1,362,260 | 1,367,603 | 1,359,682 | 1,338,897 |
| total shareholders funds | 1,913,808 | 2,050,707 | 2,052,322 | 1,958,892 | 1,958,252 | 1,957,221 | 1,953,083 | 1,954,920 | 1,389,340 | 1,372,430 | 1,327,190 | 1,362,260 | 1,367,603 | 1,359,682 | 1,338,897 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 35,772 | 10,163 | 43,581 | -12,733 | 4,115 | 18,192 | 28,809 | ||||||||
| Depreciation | 159,110 | 152,228 | 148,215 | 140,144 | 128,193 | 134,673 | 135,011 | 140,856 | 120,060 | 128,520 | 127,635 | 123,450 | 133,816 | 129,669 | 123,876 |
| Amortisation | |||||||||||||||
| Tax | -16,671 | -3,544 | -3,600 | -4,613 | -3,734 | -3,364 | -376 | ||||||||
| Stock | 497 | 2,397 | 4,118 | 2,718 | -1,449 | -1,636 | 2,044 | 5,528 | -4,816 | -3,655 | 7,974 | 1,000 | -6,705 | -2,686 | 28,869 |
| Debtors | 18,028 | -6,007 | 3,107 | -7,213 | 18,283 | 6,822 | 1,699 | 7,632 | -20,358 | -16,264 | -18,814 | 20,046 | -12,991 | 47,767 | 8,100 |
| Creditors | -16,552 | 13,240 | 38,426 | -93,402 | 58,284 | 4,962 | 4,983 | -40,813 | 62,212 | -250,254 | 63,798 | 151,352 | -20,933 | 42,426 | 34,217 |
| Accruals and Deferred Income | 117,301 | -21,716 | 45,580 | 173,414 | 24,778 | 2,829 | -70,789 | 97,588 | 23,809 | 398,878 | -640,868 | 261,549 | 379,319 | ||
| Deferred Taxes & Provisions | 22,672 | 16,150 | 5,858 | 1,179 | -1,179 | 702 | 49,085 | ||||||||
| Cash flow from operations | 252,657 | 237,874 | 337,044 | -404,458 | 394,509 | 521,161 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 85,000 | 14,300 | 535,700 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 868 | 867 | 868 | 16,891 | |||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -20,267 | -17,880 | -17,996 | 169,352 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -224,652 | -7,032 | 231,684 | ||||||||||||
| share issue | |||||||||||||||
| interest | 65,532 | 10,291 | 5,259 | 12,003 | 7,540 | 5,957 | |||||||||
| cash flow from financing | 546,479 | 10,291 | -219,393 | 243,687 | 7,540 | 5,957 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -22,830 | 88,513 | -28,745 | 150,701 | -141,763 | 89,371 | -132,139 | 49,177 | 137,906 | 23,383 | 34,233 | -266,607 | 344,532 | 53,376 | 299,701 |
| overdraft | |||||||||||||||
| change in cash | -22,830 | 88,513 | -28,745 | 150,701 | -141,763 | 89,371 | -132,139 | 49,177 | 137,906 | 23,383 | 34,233 | -266,607 | 344,532 | 53,376 | 299,701 |
west herts golf club limited Credit Report and Business Information
West Herts Golf Club Limited Competitor Analysis
Perform a competitor analysis for west herts golf club limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in WD3 area or any other competitors across 12 key performance metrics.
west herts golf club limited Ownership
WEST HERTS GOLF CLUB LIMITED group structure
West Herts Golf Club Limited has no subsidiary companies.
Ultimate parent company
WEST HERTS GOLF CLUB LIMITED
00041272
west herts golf club limited directors
West Herts Golf Club Limited currently has 6 directors. The longest serving directors include Mr Mark Prior (Apr 2019) and Mr Denis Deacy (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Prior | 62 years | Apr 2019 | - | Director | |
| Mr Denis Deacy | England | 59 years | Mar 2021 | - | Director |
| Mr Mark Paton | 60 years | Mar 2021 | - | Director | |
| Ms Sandra Turner | England | 59 years | Mar 2021 | - | Director |
| Mr Paul Marler | 45 years | Apr 2022 | - | Director | |
| Mr Ian Rusher | 60 years | Apr 2024 | - | Director |
P&L
December 2023turnover
1.3m
+20%
operating profit
-157.1k
0%
gross margin
60.8%
-1.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.9m
-0.07%
total assets
3m
-0.01%
cash
678.8k
-0.03%
net assets
Total assets minus all liabilities
west herts golf club limited company details
company number
00041272
Type
Private Ltd By Guarantee w/o Share Cap
industry
93120 - Activities of sport clubs
incorporation date
June 1894
age
131
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
incorporated west herts golf club(the) (April 1990)
accountant
HILLIER HOPKINS LLP
auditor
-
address
cassiobury park, rousebarn lane, croxley green, rickmansworth, hertfordshire, WD3 3GG
Bank
-
Legal Advisor
-
west herts golf club limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to west herts golf club limited. Currently there are 1 open charges and 2 have been satisfied in the past.
west herts golf club limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for WEST HERTS GOLF CLUB LIMITED. This can take several minutes, an email will notify you when this has completed.
west herts golf club limited Companies House Filings - See Documents
| date | description | view/download |
|---|
