taylor made golf limited

taylor made golf limited Company Information

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Company Number

01424575

Industry

Non-specialised wholesale trade

 

Directors

David Silvers

David Abeles

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Shareholders

19th holdings uk limited

Group Structure

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Contact

Registered Address

taylor made court, jays close viables business park, basingstoke, hampshire, RG22 4BS

taylor made golf limited Estimated Valuation

£105.5m

Pomanda estimates the enterprise value of TAYLOR MADE GOLF LIMITED at £105.5m based on a Turnover of £125.8m and 0.84x industry multiple (adjusted for size and gross margin).

taylor made golf limited Estimated Valuation

£63.4m

Pomanda estimates the enterprise value of TAYLOR MADE GOLF LIMITED at £63.4m based on an EBITDA of £6.3m and a 10.02x industry multiple (adjusted for size and gross margin).

taylor made golf limited Estimated Valuation

£47.2m

Pomanda estimates the enterprise value of TAYLOR MADE GOLF LIMITED at £47.2m based on Net Assets of £16.2m and 2.92x industry multiple (adjusted for liquidity).

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Taylor Made Golf Limited Overview

Taylor Made Golf Limited is a live company located in basingstoke, RG22 4BS with a Companies House number of 01424575. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 1979, it's largest shareholder is 19th holdings uk limited with a 100% stake. Taylor Made Golf Limited is a mature, mega sized company, Pomanda has estimated its turnover at £125.8m with high growth in recent years.

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Taylor Made Golf Limited Health Check

Pomanda's financial health check has awarded Taylor Made Golf Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £125.8m, make it larger than the average company (£16.2m)

£125.8m - Taylor Made Golf Limited

£16.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.3%)

15% - Taylor Made Golf Limited

6.3% - Industry AVG

production

Production

with a gross margin of 32.8%, this company has a comparable cost of product (27.5%)

32.8% - Taylor Made Golf Limited

27.5% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it less profitable than the average company (5%)

3.4% - Taylor Made Golf Limited

5% - Industry AVG

employees

Employees

with 222 employees, this is above the industry average (41)

222 - Taylor Made Golf Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £63.5k, the company has a higher pay structure (£44.6k)

£63.5k - Taylor Made Golf Limited

£44.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £566.4k, this is more efficient (£379.2k)

£566.4k - Taylor Made Golf Limited

£379.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (52 days)

30 days - Taylor Made Golf Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (32 days)

5 days - Taylor Made Golf Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 154 days, this is more than average (78 days)

154 days - Taylor Made Golf Limited

78 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)

6 weeks - Taylor Made Golf Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.7%, this is a higher level of debt than the average (47.3%)

72.7% - Taylor Made Golf Limited

47.3% - Industry AVG

TAYLOR MADE GOLF LIMITED financials

EXPORTms excel logo

Taylor Made Golf Limited's latest turnover from December 2023 is £125.8 million and the company has net assets of £16.2 million. According to their latest financial statements, Taylor Made Golf Limited has 222 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover125,750,000143,896,000122,632,00082,401,00079,080,00073,197,00089,614,00082,021,00082,238,00093,480,000120,260,000117,476,000106,085,00088,145,00079,691,000
Other Income Or Grants000000000000000
Cost Of Sales84,452,00096,600,00081,140,00055,738,00054,588,00050,112,00071,360,00053,919,00059,098,00065,101,00082,700,00075,651,00070,752,00056,562,00049,934,000
Gross Profit41,298,00047,296,00041,492,00026,663,00024,492,00023,085,00018,254,00028,102,00023,140,00028,379,00037,560,00041,825,00035,333,00031,583,00029,757,000
Admin Expenses37,054,00041,913,00035,241,00024,070,00024,219,00024,698,00034,429,00029,786,00035,636,00036,309,00034,537,00038,236,00035,787,00029,294,00031,426,000
Operating Profit4,244,0005,383,0006,251,0002,593,000273,000-1,613,000-16,175,000-1,684,000-12,496,000-7,930,0003,023,0003,589,000-454,0002,289,000-1,669,000
Interest Payable928,000980,000562,000321,000247,000400,000174,000715,000485,000356,000292,000308,000354,000209,000333,000
Interest Receivable000000001,0001,0003,00010,00025,00027,0001,000
Pre-Tax Profit3,316,0004,403,0005,689,0002,272,00026,000-2,013,000-16,349,000-2,399,000-12,980,000-8,285,0002,734,0003,291,000-783,0002,107,000-3,821,000
Tax-138,0004,606,000-883,000-1,685,000-2,0000-287,0001,312,0001,264,0001,523,000-866,000-848,000322,0001,694,000-139,000
Profit After Tax3,178,0009,009,0004,806,000587,00024,000-2,013,000-16,636,000-1,087,000-11,716,000-6,762,0001,868,0002,443,000-461,0003,801,000-3,960,000
Dividends Paid000000000000000
Retained Profit3,178,0009,009,0004,806,000587,00024,000-2,013,000-16,636,000-1,087,000-11,716,000-6,762,0001,868,0002,443,000-461,0003,801,000-3,960,000
Employee Costs14,105,00013,813,00013,231,00011,081,0009,948,0008,681,0008,734,0009,470,0007,562,0007,972,0007,712,0009,900,0008,429,0006,640,0006,084,000
Number Of Employees222214197181150140160174177202194196197181160
EBITDA*6,329,0006,826,0007,376,0003,738,0001,161,000-833,000-15,621,000-1,066,000-12,021,000-7,409,0003,486,0004,079,000190,0002,963,000-927,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,914,0003,294,0005,238,0004,008,0003,254,0001,589,0001,671,0001,969,0001,718,0001,187,0001,356,0001,408,0001,139,0001,413,0001,663,000
Intangible Assets1,416,000725,00084,00081,00028,00049,00051,00006,00024,00000000
Investments & Other0006,219,0006,219,0006,219,0006,219,0006,219,0006,219,0006,219,0006,219,0006,219,0006,219,0006,219,0006,219,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,330,0004,019,0005,322,00010,308,0009,501,0007,857,0007,941,0008,188,0007,943,0007,430,0007,575,0007,627,0007,358,0007,632,0007,882,000
Stock & work in progress35,730,00051,045,00040,187,00018,179,00019,826,00018,324,00020,589,00031,550,00027,891,00023,758,00022,527,00023,665,00015,091,00015,804,00012,256,000
Trade Debtors10,519,00013,422,0009,440,00010,772,00010,486,00010,201,0008,951,00018,094,00025,404,00030,418,00016,865,00015,987,00012,274,00013,799,00010,435,000
Group Debtors325,000240,00018,592,00074,00024,00041,000124,0003,008,0001,522,000300,0001,150,000439,00035,0001,675,000663,000
Misc Debtors3,050,0003,204,0001,398,0001,681,0002,208,0002,525,0002,704,0007,485,0007,054,0007,170,0002,721,0002,035,0002,509,0003,298,0003,050,000
Cash4,365,0002,079,0003,480,0002,848,0002,718,0005,589,0006,593,000916,0001,888,0001,776,000490,000122,000842,0001,724,000387,000
misc current assets000000000000000
total current assets53,989,00069,990,00073,097,00033,554,00035,262,00036,680,00038,961,00061,053,00063,759,00063,422,00043,753,00042,248,00030,751,00036,300,00026,791,000
total assets59,319,00074,009,00078,419,00043,862,00044,763,00044,537,00046,902,00069,241,00071,702,00070,852,00051,328,00049,875,00038,109,00043,932,00034,673,000
Bank overdraft000006,219,0006,219,0006,219,0004,725,00012,000405,000146,000954,0001,000821,000
Bank loan000000000000000
Trade Creditors 1,339,0002,316,0005,760,0003,905,0002,920,0003,047,0005,571,0004,272,0002,125,0003,012,0002,119,0001,961,0001,102,0002,116,0001,080,000
Group/Directors Accounts25,604,00040,815,00044,187,00023,481,00029,304,00024,122,00016,570,00060,071,00066,486,00054,954,00032,736,00031,753,00027,090,00035,168,00028,617,000
other short term finances000000000000000
hp & lease commitments526,000536,000716,000499,000480,0000000000000
other current liabilities9,778,00012,263,00017,285,00010,772,0006,794,0007,188,00012,568,00010,773,00011,768,00014,406,00012,393,00014,170,0009,510,0006,459,0007,420,000
total current liabilities37,247,00055,930,00067,948,00038,657,00039,498,00040,576,00040,928,00081,335,00085,104,00072,384,00047,653,00048,030,00038,656,00043,744,00037,938,000
loans5,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,000
hp & lease commitments877,000165,0001,060,000852,0001,280,0000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions0000000000038,00089,000363,000711,000
total long term liabilities5,877,0005,165,0006,060,0005,852,0006,280,0005,000,0005,000,0005,000,0005,000,0005,000,0005,000,0005,038,0005,089,0005,363,0005,711,000
total liabilities43,124,00061,095,00074,008,00044,509,00045,778,00045,576,00045,928,00086,335,00090,104,00077,384,00052,653,00053,068,00043,745,00049,107,00043,649,000
net assets16,195,00012,914,0004,411,000-647,000-1,015,000-1,039,000974,000-17,094,000-18,402,000-6,532,000-1,325,000-3,193,000-5,636,000-5,175,000-8,976,000
total shareholders funds16,195,00012,914,0004,411,000-647,000-1,015,000-1,039,000974,000-17,094,000-18,402,000-6,532,000-1,325,000-3,193,000-5,636,000-5,175,000-8,976,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit4,244,0005,383,0006,251,0002,593,000273,000-1,613,000-16,175,000-1,684,000-12,496,000-7,930,0003,023,0003,589,000-454,0002,289,000-1,669,000
Depreciation1,422,0001,407,0001,092,0001,093,000867,000759,000552,000612,000457,000521,000463,000490,000644,000674,000742,000
Amortisation663,00036,00033,00052,00021,00021,0002,0006,00018,000000000
Tax-138,0004,606,000-883,000-1,685,000-2,0000-287,0001,312,0001,264,0001,523,000-866,000-848,000322,0001,694,000-139,000
Stock-15,315,00010,858,00022,008,000-1,647,0001,502,000-2,265,000-10,961,0003,659,0004,133,0001,231,000-1,138,0008,574,000-713,0003,548,00012,256,000
Debtors-2,972,000-12,564,00016,903,000-191,000-49,000988,000-16,808,000-5,393,000-3,908,00017,152,0002,275,0003,643,000-3,954,0004,624,00014,148,000
Creditors-977,000-3,444,0001,855,000985,000-127,000-2,524,0001,299,0002,147,000-887,000893,000158,000859,000-1,014,0001,036,0001,080,000
Accruals and Deferred Income-2,485,000-5,022,0006,513,0003,978,000-394,000-5,380,0001,795,000-995,000-2,638,0002,013,000-1,777,0004,660,0003,051,000-961,0007,420,000
Deferred Taxes & Provisions0000000000-38,000-51,000-274,000-348,000711,000
Cash flow from operations21,016,0004,672,000-24,050,0008,854,000-815,000-7,460,00014,955,0003,132,000-14,507,000-21,363,000-174,000-3,518,0006,942,000-3,788,000-18,259,000
Investing Activities
capital expenditure-3,396,000-140,000-2,358,000-1,952,000-2,532,000-696,000-307,000-863,000-988,000-376,000-411,000-759,000-370,000-424,000-2,405,000
Change in Investments00-6,219,000000000000006,219,000
cash flow from investments-3,396,000-140,0003,861,000-1,952,000-2,532,000-696,000-307,000-863,000-988,000-376,000-411,000-759,000-370,000-424,000-8,624,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-15,211,000-3,372,00020,706,000-5,823,0005,182,0007,552,000-43,501,000-6,415,00011,532,00022,218,000983,0004,663,000-8,078,0006,551,00028,617,000
Other Short Term Loans 000000000000000
Long term loans000000000000005,000,000
Hire Purchase and Lease Commitments702,000-1,075,000425,000-409,0001,760,0000000000000
other long term liabilities000000000000000
share issue103,000-506,000252,000-219,0000034,704,0002,395,000-154,0001,555,0000000-5,016,000
interest-928,000-980,000-562,000-321,000-247,000-400,000-174,000-715,000-484,000-355,000-289,000-298,000-329,000-182,000-332,000
cash flow from financing-15,334,000-5,933,00020,821,000-6,772,0006,695,0007,152,000-8,971,000-4,735,00010,894,00023,418,000694,0004,365,000-8,407,0006,369,00028,269,000
cash and cash equivalents
cash2,286,000-1,401,000632,000130,000-2,871,000-1,004,0005,677,000-972,000112,0001,286,000368,000-720,000-882,0001,337,000387,000
overdraft0000-6,219,000001,494,0004,713,000-393,000259,000-808,000953,000-820,000821,000
change in cash2,286,000-1,401,000632,000130,0003,348,000-1,004,0005,677,000-2,466,000-4,601,0001,679,000109,00088,000-1,835,0002,157,000-434,000

taylor made golf limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Taylor Made Golf Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for taylor made golf limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in RG22 area or any other competitors across 12 key performance metrics.

taylor made golf limited Ownership

TAYLOR MADE GOLF LIMITED group structure

Taylor Made Golf Limited has 1 subsidiary company.

Ultimate parent company

19THE HOLDINGS II BV

#0113117

2 parents

TAYLOR MADE GOLF LIMITED

01424575

1 subsidiary

TAYLOR MADE GOLF LIMITED Shareholders

19th holdings uk limited 100%

taylor made golf limited directors

Taylor Made Golf Limited currently has 4 directors. The longest serving directors include Mr David Silvers (Apr 2013) and Mr David Abeles (Oct 2017).

officercountryagestartendrole
Mr David Silvers53 years Apr 2013- Director
Mr David AbelesUnited States53 years Oct 2017- Director
Mr Richard PaschalEngland64 years Jan 2020- Director
Mr Richard PaschalEngland64 years Jan 2020- Director

P&L

December 2023

turnover

125.8m

-13%

operating profit

4.2m

-21%

gross margin

32.9%

-0.08%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

16.2m

+0.25%

total assets

59.3m

-0.2%

cash

4.4m

+1.1%

net assets

Total assets minus all liabilities

taylor made golf limited company details

company number

01424575

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

May 1979

age

45

incorporated

UK

ultimate parent company

19THE HOLDINGS II BV

accounts

Full Accounts

last accounts submitted

December 2023

previous names

salomon taylor made limited (November 2005)

salomon ski equipment (great britain) limited (March 1995)

accountant

-

auditor

KPMG LLP

address

taylor made court, jays close viables business park, basingstoke, hampshire, RG22 4BS

Bank

-

Legal Advisor

-

taylor made golf 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 12 charges/mortgages relating to taylor made golf limited. Currently there are 2 open charges and 10 have been satisfied in the past.

taylor made golf 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.

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taylor made golf limited Companies House Filings - See Documents

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