Golf Credit Ltd

POWER SEARCH PRICING

SOLUTIONS

golf credit ltd Company Information

Live

MatureMicroRapid

Company Number

02997160

Website

www.golfcredit.co.uk

Registered Address

meadow view shirley heights, poulton-le-fylde, FY6 7ES

Industry

Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

Telephone

08455215552

Next Accounts Due

December 2024

Group Structure

View All

Directors

Raymond Davis29 Years

Jill Davis1 Years

Shareholders

raymond john davis 100%

golf credit ltd Estimated Valuation

£426.4k

Pomanda estimates the enterprise value of GOLF CREDIT LTD at £426.4k based on a Turnover of £355.9k and 1.2x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Golf Credit Ltd is a live company located in poulton-le-fylde, FY6 7ES with a Companies House number of 02997160. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in December 1994, it's largest shareholder is raymond john davis with a 100% stake. Golf Credit Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £355.9k with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Golf Credit Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

4 Regular

3 Weak

Size

annual sales of £355.9k, make it smaller than the average company (£2.6m)

Growth

3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (3.5%)

EXPORT

Golf Credit Ltd's latest turnover from March 2023 is estimated at £355.9 thousand and the company has net assets of £4.3 thousand. According to their latest financial statements, Golf Credit Ltd has 1 employee and maintains cash reserves of £116.5 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	355,875	161,136	31,734	40,789	40,989	60,690	140,281	144,416	285,958	365,585	261,572	181,722	288,002	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	116,451	45,715	9,396	12,543	12,170	14,792	39,850	42,206	74,925	133,074	76,829	54,458	103,051	0
Gross Profit	239,424	115,421	22,338	28,247	28,819	45,898	100,431	102,211	211,033	232,511	184,743	127,264	184,951	0
Admin Expenses	226,205	81,784	9,233	4,258	28,388	36,612	92,620	120,671	273,604	205,756	167,113	97,873	330,631	-165
Operating Profit	13,219	33,637	13,105	23,989	431	9,286	7,811	-18,460	-62,571	26,755	17,630	29,391	-145,680	165
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	3,636	209	3	2	0	0	0	0	0	0	0	0	0	0
Pre-Tax Profit	16,856	33,846	13,107	23,991	431	9,286	7,811	-18,460	-62,571	26,755	17,630	29,391	-145,680	165
Tax	-3,203	-6,431	-2,490	-4,558	-82	-1,764	-1,562	0	0	-6,154	-4,231	-7,642	0	-46
Profit After Tax	13,653	27,415	10,617	19,433	349	7,522	6,249	-18,460	-62,571	20,601	13,399	21,749	-145,680	119
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	13,653	27,415	10,617	19,433	349	7,522	6,249	-18,460	-62,571	20,601	13,399	21,749	-145,680	119
Employee Costs	61,063	58,846	56,970	52,388	49,926	45,725	49,090	35,265	73,600	68,447	74,636	34,256	61,575	0
Number Of Employees	1	1	1	1	1	1	1	1	2	2	2	1	2	0
EBITDA*	20,993	41,479	20,085	28,524	4,949	14,235	13,581	-10,386	-53,741	31,602	19,642	30,953	-145,680	165

* 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	625	834	1,112	4,329	5,773	7,697	8,813	13,288	17,717	7,622	0	0	0	0
Intangible Assets	14,706	22,271	21,314	6,734	4,238	4,306	6,689	5,780	5,821	5,652	6,484	6,246	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	15,331	23,105	22,426	11,063	10,011	12,003	15,502	19,068	23,538	13,274	6,484	6,246	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	75,047	57,932	42,951	55,025	64,627	70,710	85,111	75,246	137,846	181,370	118,617	138,618	155,599	334,082
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	116,460	54,656	1,118	4,028	0	0	0	0	0	0	0	0	0	0
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	191,507	112,588	44,069	59,053	64,627	70,710	85,111	75,246	137,846	181,370	118,617	138,618	155,599	334,082
total assets	206,838	135,693	66,495	70,116	74,638	82,713	100,613	94,314	161,384	194,644	125,101	144,864	155,599	334,082
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	174,837	101,240	14,923	11,324	19,017	18,766	29,199	31,874	42,934	67,208	185,414	218,576	243,258	254,388
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	174,837	101,240	14,923	11,324	19,017	18,766	29,199	31,874	42,934	67,208	185,414	218,576	243,258	254,388
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	27,694	43,799	38,333	56,170	72,432	81,107	96,096	93,371	130,921	167,148	0	0	7,802	29,475
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	27,694	43,799	38,333	56,170	72,432	81,107	96,096	93,371	130,921	167,148	0	0	7,802	29,475
total liabilities	202,531	145,039	53,256	67,494	91,449	99,873	125,295	125,245	173,855	234,356	185,414	218,576	251,060	283,863
net assets	4,307	-9,346	13,239	2,622	-16,811	-17,160	-24,682	-30,931	-12,471	-39,712	-60,313	-73,712	-95,461	50,219
total shareholders funds	4,307	-9,346	13,239	2,622	-16,811	-17,160	-24,682	-30,931	-12,471	-39,712	-60,313	-73,712	-95,461	50,219

	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	13,219	33,637	13,105	23,989	431	9,286	7,811	-18,460	-62,571	26,755	17,630	29,391	-145,680	165
Depreciation	209	278	370	1,444	1,924	2,566	2,937	4,429	5,905	2,540	0	0	0	0
Amortisation	7,565	7,564	6,610	3,091	2,594	2,383	2,833	3,645	2,925	2,307	2,012	1,562	0	0
Tax	-3,203	-6,431	-2,490	-4,558	-82	-1,764	-1,562	0	0	-6,154	-4,231	-7,642	0	-46
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	17,115	14,981	-12,074	-9,602	-6,083	-14,401	9,865	-62,600	137,846	62,753	-20,001	-16,981	-178,483	334,082
Creditors	73,597	86,317	3,599	-7,693	251	-10,433	-2,675	-11,060	42,934	-118,206	-33,162	-24,682	-11,130	254,388
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	74,272	106,384	33,268	25,875	11,201	16,439	-521	41,154	-148,653	-155,511	2,250	15,610	21,673	-79,575
Investing Activities
capital expenditure	0	-8,521	-18,343	-5,587	-2,526	-1,450	-2,204	-3,604	-32,368	-11,637	-2,250	-7,808	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	-8,521	-18,343	-5,587	-2,526	-1,450	-2,204	-3,604	-32,368	-11,637	-2,250	-7,808	0	0
Financing Activities
Bank loans	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-16,105	5,466	-17,837	-16,262	-8,675	-14,989	2,725	-37,550	130,921	167,148	0	-7,802	-21,673	29,475
share issue	0	-50,000	0	0	0	0	0	0	50,100	0	0	0	0	50,100
interest	3,636	209	3	2	0	0	0	0	0	0	0	0	0	0
cash flow from financing	-12,469	-44,325	-17,834	-16,260	-8,675	-14,989	2,725	-37,550	181,021	167,148	0	-7,802	-21,673	79,575
cash and cash equivalents
cash	61,804	53,538	-2,910	4,028	0	0	0	0	0	0	0	0	0	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	61,804	53,538	-2,910	4,028	0	0	0	0	0	0	0	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for golf credit ltd. Get real-time insights into golf credit ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for golf credit ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GOLF CREDIT LTD group structure

Golf Credit Ltd has no subsidiary companies.

Ultimate parent company

GOLF CREDIT LTD

02997160

GOLF CREDIT LTD Shareholders

raymond john davis

100%

Golf Credit Ltd currently has 2 directors. The longest serving directors include Mr Raymond Davis (Dec 1994) and Mrs Jill Davis (Apr 2023).

officer	country	age	start	end	role
Mr Raymond Davis		70 years	Dec 1994	-	Director
Mrs Jill Davis	England	61 years	Apr 2023	-	Director

P&L

March 2023

turnover

355.9k

+121%

operating profit

13.2k

gross margin

67.3%

-6.08%

turnover

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

Balance Sheet

March 2023

net assets

4.3k

-1.46%

total assets

206.8k

+0.52%

cash

116.5k

+1.13%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

leek & district finance limited

think property finance limited

4.5

three spires personal credit ltd

e davidson limited

3.5

kmc holdings (cheshire) limited

company number

02997160

Type

Private limited with Share Capital

industry

64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

incorporation date

December 1994

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

magnum credit guard limited (November 2017)

incorporated

address

meadow view shirley heights, poulton-le-fylde, FY6 7ES

last accounts submitted

March 2023

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 did not find charges/mortgages relating to golf credit ltd.

golf credit ltd Company Information

golf credit ltd Estimated Valuation

golf credit ltd Estimated Valuation

golf credit ltd Estimated Valuation

Golf Credit Ltd Overview

Golf Credit Ltd Health Check

GOLF CREDIT LTD financials

golf credit ltd Credit Report and Business Information

Golf Credit Ltd Competitor Analysis

golf credit ltd Ownership

golf credit ltd directors

golf credit ltd company details

golf credit ltd Charges & Mortgages

golf credit ltd Companies House Filings - See Documents