worcestershire golf club limited(the)
worcestershire golf club limited(the) Company Information
Company Number
00209165
Registered Address
worcestershire golf club house, wood farm, malvern wells, worcestershire, WR14 4PP
Industry
Operation of sports facilities
Telephone
01684575992
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
simon haywood 0.3%
j.a. haworth 0.3%
View Allworcestershire golf club limited(the) Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE GOLF CLUB LIMITED(THE) at £983.7k based on a Turnover of £841.7k and 1.17x industry multiple (adjusted for size and gross margin).
worcestershire golf club limited(the) Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE GOLF CLUB LIMITED(THE) at £464.8k based on an EBITDA of £89.7k and a 5.18x industry multiple (adjusted for size and gross margin).
worcestershire golf club limited(the) Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE GOLF CLUB LIMITED(THE) at £2m based on Net Assets of £1.1m and 1.8x industry multiple (adjusted for liquidity).
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Worcestershire Golf Club Limited(the) Overview
Worcestershire Golf Club Limited(the) is a live company located in malvern wells, WR14 4PP with a Companies House number of 00209165. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in October 1925, it's largest shareholder is simon haywood with a 0.3% stake. Worcestershire Golf Club Limited(the) is a mature, small sized company, Pomanda has estimated its turnover at £841.7k with healthy growth in recent years.
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Worcestershire Golf Club Limited(the) Health Check
Pomanda's financial health check has awarded Worcestershire Golf Club Limited(The) a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £841.7k, make it in line with the average company (£735.3k)
£841.7k - Worcestershire Golf Club Limited(the)
£735.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.8%)
9% - Worcestershire Golf Club Limited(the)
2.8% - Industry AVG
Production
with a gross margin of 104.8%, this company has a lower cost of product (53.2%)
104.8% - Worcestershire Golf Club Limited(the)
53.2% - Industry AVG
Profitability
an operating margin of 10.7% make it more profitable than the average company (3.9%)
10.7% - Worcestershire Golf Club Limited(the)
3.9% - Industry AVG
Employees
with 18 employees, this is below the industry average (27)
18 - Worcestershire Golf Club Limited(the)
27 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
- Worcestershire Golf Club Limited(the)
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £46.8k, this is more efficient (£39.8k)
£46.8k - Worcestershire Golf Club Limited(the)
£39.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Worcestershire Golf Club Limited(the)
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Worcestershire Golf Club Limited(the)
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Worcestershire Golf Club Limited(the)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is average cash available to meet short term requirements (51 weeks)
51 weeks - Worcestershire Golf Club Limited(the)
51 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.4%, this is a higher level of debt than the average (41.6%)
47.4% - Worcestershire Golf Club Limited(the)
41.6% - Industry AVG
WORCESTERSHIRE GOLF CLUB LIMITED(THE) financials
Worcestershire Golf Club Limited(The)'s latest turnover from March 2023 is £841.7 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Worcestershire Golf Club Limited(The) has 18 employees and maintains cash reserves of £825.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 841,738 | 752,947 | 611,037 | 650,496 | 620,865 | 594,441 | 599,455 | 569,672 | 698,135 | 576,072 | 572,426 | 565,779 | 573,529 | 564,475 |
| Other Income Or Grants | 40,505 | 16,058 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | 67,185 | 262 | -11,668 | -21,430 | -28,820 | -28,783 | ||||||
| Gross Profit | 882,243 | 769,005 | 543,852 | 650,234 | 632,533 | 615,871 | 628,275 | 598,455 | ||||||
| Admin Expenses | 792,515 | 671,942 | 499,278 | 624,150 | 595,387 | 579,446 | 504,845 | 524,280 | ||||||
| Operating Profit | 89,728 | 97,063 | 44,574 | 26,084 | 37,146 | 36,425 | 123,430 | 74,175 | 401 | 74,666 | 72,219 | 80,459 | 98,883 | |
| Interest Payable | 21,052 | 7,090 | 11,143 | 10,446 | 11,753 | 12,165 | 23,147 | 28,740 | 24,797 | 25,707 | 25,189 | 21,325 | 27,425 | 35,219 |
| Interest Receivable | 0 | 5 | 4 | 3 | 13 | 26 | 127 | 96 | 172 | 1,146 | 2,478 | 759 | 1,473 | 3,228 |
| Pre-Tax Profit | 68,676 | 89,978 | 33,435 | 15,641 | 25,406 | 24,286 | 100,410 | 45,531 | -24,224 | 50,105 | 13,634 | 51,653 | 54,507 | 66,892 |
| Tax | 1 | -1 | 6 | -1 | -2 | -5 | -4,644 | -19 | -34 | -229 | -496 | -154 | -309 | -678 |
| Profit After Tax | 68,677 | 89,977 | 33,441 | 15,640 | 25,404 | 24,281 | 95,766 | 45,512 | -24,258 | 49,876 | 13,138 | 51,499 | 54,198 | 66,214 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 68,677 | 89,977 | 33,441 | 15,640 | 25,404 | 24,281 | 95,766 | 45,512 | -24,258 | 49,876 | 13,138 | 51,499 | 54,198 | 66,214 |
| Employee Costs | 49,674 | 47,061 | 190,242 | |||||||||||
| Number Of Employees | 18 | 19 | 18 | 22 | 21 | 17 | 17 | 16 | 18 | 17 | 17 | 18 | 17 | 13 |
| EBITDA* | 89,728 | 97,063 | 44,574 | 101,439 | 102,225 | 101,588 | 190,920 | 138,575 | 72,069 | 131,993 | 128,869 | 133,347 | 154,854 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,257,273 | 1,289,445 | 1,266,831 | 1,322,531 | 1,335,905 | 1,337,252 | 1,179,522 | 1,247,012 | 1,107,480 | 1,172,391 | 1,187,948 | 1,239,553 | 1,219,218 | 1,233,746 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,257,273 | 1,289,445 | 1,266,831 | 1,322,531 | 1,335,905 | 1,337,252 | 1,179,522 | 1,247,012 | 1,107,480 | 1,172,391 | 1,187,948 | 1,239,553 | 1,219,218 | 1,233,746 |
| Stock & work in progress | 7,122 | 4,941 | 1,736 | 5,308 | 5,995 | 6,249 | 6,111 | 5,703 | 5,325 | 5,146 | 5,058 | 5,147 | 5,693 | 6,955 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 27,471 | 12,545 | 8,445 | 12,180 | 20,902 | 29,950 | 37,483 | 44,349 | 34,777 | 18,372 | 19,072 | 22,501 | 18,534 | 11,495 |
| Cash | 825,488 | 723,458 | 657,093 | 460,481 | 463,062 | 528,447 | 526,233 | 300,631 | 262,486 | 323,188 | 247,864 | 187,981 | 220,847 | 266,227 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 860,081 | 740,944 | 667,274 | 477,969 | 489,959 | 564,646 | 569,827 | 350,683 | 302,588 | 346,706 | 271,994 | 215,629 | 245,074 | 284,677 |
| total assets | 2,117,354 | 2,030,389 | 1,934,105 | 1,800,500 | 1,825,864 | 1,901,898 | 1,749,349 | 1,597,695 | 1,410,068 | 1,519,097 | 1,459,942 | 1,455,182 | 1,464,292 | 1,518,423 |
| Bank overdraft | 0 | 0 | 31,524 | 45,624 | 45,864 | 41,102 | 37,992 | 200,327 | 0 | 0 | 27,511 | 11,603 | 10,847 | 17,065 |
| Bank loan | 58,333 | 53,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,327 | 35,458 | 17,548 | 14,414 | 48,086 | 55,822 | 93,792 | 58,087 | 68,587 | 45,158 | 44,829 | 40,782 | 36,722 | 38,178 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 47,700 | 6,000 | 6,000 | 6,000 | 6,000 | 6,400 | 6,000 | 8,400 | 31,531 | 34,513 | 6,000 | 6,000 | 6,000 | 0 |
| hp & lease commitments | 2,767 | 2,570 | 2,373 | 2,176 | 39,786 | 38,211 | 36,636 | 35,061 | 0 | 1,583 | 9,498 | 9,498 | 0 | 0 |
| other current liabilities | 703,255 | 617,697 | 560,084 | 473,567 | 408,780 | 410,248 | 231,551 | 132,417 | 103,094 | 153,642 | 105,608 | 67,078 | 120,996 | 207,414 |
| total current liabilities | 838,382 | 715,266 | 617,529 | 541,781 | 548,516 | 551,783 | 405,971 | 434,292 | 203,212 | 234,896 | 193,446 | 134,961 | 174,565 | 262,657 |
| loans | 158,096 | 260,523 | 349,691 | 322,922 | 372,219 | 430,672 | 409,977 | 288,556 | 492,246 | 545,417 | 576,141 | 633,465 | 665,267 | 685,504 |
| hp & lease commitments | 7,748 | 9,989 | 12,559 | 14,932 | 0 | 39,786 | 77,997 | 114,633 | 0 | 0 | 1,583 | 11,081 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 165,844 | 270,512 | 362,250 | 337,854 | 372,219 | 470,458 | 487,974 | 403,189 | 492,246 | 545,417 | 577,724 | 644,546 | 665,267 | 685,504 |
| total liabilities | 1,004,226 | 985,778 | 979,779 | 879,635 | 920,735 | 1,022,241 | 893,945 | 837,481 | 695,458 | 780,313 | 771,170 | 779,507 | 839,832 | 948,161 |
| net assets | 1,113,128 | 1,044,611 | 954,326 | 920,865 | 905,129 | 879,657 | 855,404 | 760,214 | 714,610 | 738,784 | 688,772 | 675,675 | 624,460 | 570,262 |
| total shareholders funds | 1,113,128 | 1,044,611 | 954,326 | 920,865 | 905,129 | 879,657 | 855,404 | 760,214 | 714,610 | 738,784 | 688,772 | 675,675 | 624,460 | 570,262 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 89,728 | 97,063 | 44,574 | 26,084 | 37,146 | 36,425 | 123,430 | 74,175 | 401 | 74,666 | 72,219 | 80,459 | 98,883 | |
| Depreciation | 0 | 0 | 0 | 75,355 | 65,079 | 65,163 | 67,490 | 64,400 | 71,668 | 57,327 | 61,316 | 56,650 | 52,888 | 55,971 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 1 | -1 | 6 | -1 | -2 | -5 | -4,644 | -19 | -34 | -229 | -496 | -154 | -309 | -678 |
| Stock | 2,181 | 3,205 | -3,572 | -687 | -254 | 138 | 408 | 378 | 5,325 | 88 | -89 | -546 | -1,262 | 6,955 |
| Debtors | 14,926 | 4,100 | -3,735 | -8,722 | -9,048 | -7,533 | -6,866 | 9,572 | 34,777 | -700 | -3,429 | 3,967 | 7,039 | 11,495 |
| Creditors | -9,131 | 17,910 | 3,134 | -33,672 | -7,736 | -37,970 | 35,705 | -10,500 | 68,587 | 329 | 4,047 | 4,060 | -1,456 | 38,178 |
| Accruals and Deferred Income | 85,558 | 57,613 | 86,517 | 64,787 | -1,468 | 178,697 | 99,134 | 29,323 | 103,094 | 48,034 | 38,530 | -53,918 | -86,418 | 207,414 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 149,049 | 165,280 | 141,538 | 141,962 | 102,321 | 249,705 | 327,573 | 147,429 | 203,614 | 180,739 | 75,436 | 39,387 | 381,318 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -222,893 | 0 | -20,752 | -6,758 | -41,770 | -9,710 | -48,490 | -38,360 | -4,759 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -222,893 | 0 | -20,752 | -6,758 | -41,770 | -9,710 | -48,490 | -38,360 | -4,759 |
| Financing Activities | ||||||||||||||
| Bank loans | 4,792 | 53,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 41,700 | 0 | 0 | 0 | -400 | 400 | -2,400 | -23,131 | 31,531 | 28,513 | 0 | 0 | 6,000 | 0 |
| Long term loans | -102,427 | -89,168 | 26,769 | -49,297 | -58,453 | 20,695 | 121,421 | -203,690 | 492,246 | -30,724 | -57,324 | -31,802 | -20,237 | 685,504 |
| Hire Purchase and Lease Commitments | -2,044 | -2,373 | -2,176 | -22,678 | -38,211 | -36,636 | -35,061 | 149,694 | 0 | -9,498 | -9,498 | 20,579 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -21,052 | -7,085 | -11,139 | -10,443 | -11,740 | -12,139 | -23,020 | -28,644 | -24,625 | -24,561 | -22,711 | -20,566 | -25,952 | -31,991 |
| cash flow from financing | -79,191 | -44,777 | 13,474 | -82,322 | -108,736 | -27,708 | 60,364 | -105,679 | 1,238,020 | -36,134 | -89,574 | -32,073 | -40,189 | 1,157,561 |
| cash and cash equivalents | ||||||||||||||
| cash | 102,030 | 66,365 | 196,612 | -2,581 | -65,385 | 2,214 | 225,602 | 38,145 | 262,486 | 75,324 | 59,883 | -32,866 | -45,380 | 266,227 |
| overdraft | 0 | -31,524 | -14,100 | -240 | 4,762 | 3,110 | -162,335 | 200,327 | 0 | -27,511 | 15,908 | 756 | -6,218 | 17,065 |
| change in cash | 102,030 | 97,889 | 210,712 | -2,341 | -70,147 | -896 | 387,937 | -162,182 | 262,486 | 102,835 | 43,975 | -33,622 | -39,162 | 249,162 |
worcestershire golf club limited(the) Credit Report and Business Information
Worcestershire Golf Club Limited(the) Competitor Analysis
Perform a competitor analysis for worcestershire golf club limited(the) by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in WR14 area or any other competitors across 12 key performance metrics.
worcestershire golf club limited(the) Ownership
WORCESTERSHIRE GOLF CLUB LIMITED(THE) group structure
Worcestershire Golf Club Limited(The) has no subsidiary companies.
Ultimate parent company
WORCESTERSHIRE GOLF CLUB LIMITED(THE)
00209165
worcestershire golf club limited(the) directors
Worcestershire Golf Club Limited(The) currently has 8 directors. The longest serving directors include Mr John Duncan (Oct 2020) and Mr Jonathan Halford (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Duncan | 80 years | Oct 2020 | - | Director | |
| Mr Jonathan Halford | 56 years | May 2023 | - | Director | |
| Mr Stuart MacKellar | United Kingdom | 56 years | May 2023 | - | Director |
| Mr David Horn | United Kingdom | 56 years | May 2023 | - | Director |
| Mr James Pawson | England | 54 years | May 2023 | - | Director |
| Mrs Julie Saunders | United Kingdom | 65 years | Sep 2023 | - | Director |
| Mr Simon Eales | United Kingdom | 64 years | Sep 2024 | - | Director |
| Mr Nigel Allam | United Kingdom | 63 years | Sep 2024 | - | Director |
P&L
March 2023turnover
841.7k
+12%
operating profit
89.7k
-8%
gross margin
104.9%
+2.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+0.07%
total assets
2.1m
+0.04%
cash
825.5k
+0.14%
net assets
Total assets minus all liabilities
worcestershire golf club limited(the) company details
company number
00209165
Type
Private limited with Share Capital
industry
93110 - Operation of sports facilities
incorporation date
October 1925
age
99
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
KENDAL WADLEY LLP
address
worcestershire golf club house, wood farm, malvern wells, worcestershire, WR14 4PP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
worcestershire golf club limited(the) 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 worcestershire golf club limited(the). Currently there are 1 open charges and 2 have been satisfied in the past.
worcestershire golf club limited(the) Companies House Filings - See Documents
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