fairway of course limited Company Information
Company Number
04229016
Next Accounts
Sep 2025
Shareholders
nihar indravadan patani
samit patani
View AllGroup Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
woodfield house 506-508, honeypot lane, stanmore, middlesex, HA7 1JS
Website
http://golfonline.co.ukfairway of course limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRWAY OF COURSE LIMITED at £4.6m based on a Turnover of £12.6m and 0.36x industry multiple (adjusted for size and gross margin).
fairway of course limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRWAY OF COURSE LIMITED at £1.1m based on an EBITDA of £299.1k and a 3.83x industry multiple (adjusted for size and gross margin).
fairway of course limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRWAY OF COURSE LIMITED at £14.3m based on Net Assets of £7.2m and 1.97x industry multiple (adjusted for liquidity).
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Fairway Of Course Limited Overview
Fairway Of Course Limited is a live company located in stanmore, HA7 1JS with a Companies House number of 04229016. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in June 2001, it's largest shareholder is nihar indravadan patani with a 33.3% stake. Fairway Of Course Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.6m with rapid growth in recent years.
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Fairway Of Course Limited Health Check
Pomanda's financial health check has awarded Fairway Of Course Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs


6 Strong

3 Regular

3 Weak

Size
annual sales of £12.6m, make it larger than the average company (£2.4m)
£12.6m - Fairway Of Course Limited
£2.4m - Industry AVG

Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (9.5%)
- Fairway Of Course Limited
9.5% - Industry AVG

Production
with a gross margin of 19.1%, this company has a higher cost of product (31%)
19.1% - Fairway Of Course Limited
31% - Industry AVG

Profitability
an operating margin of 2.1% make it less profitable than the average company (4.3%)
2.1% - Fairway Of Course Limited
4.3% - Industry AVG

Employees
with 27 employees, this is above the industry average (16)
27 - Fairway Of Course Limited
16 - Industry AVG

Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£38.4k)
£36.8k - Fairway Of Course Limited
£38.4k - Industry AVG

Efficiency
resulting in sales per employee of £467.6k, this is more efficient (£233.6k)
£467.6k - Fairway Of Course Limited
£233.6k - Industry AVG

Debtor Days
it gets paid by customers after 1 days, this is earlier than average (33 days)
1 days - Fairway Of Course Limited
33 days - Industry AVG

Creditor Days
its suppliers are paid after 34 days, this is close to average (37 days)
34 days - Fairway Of Course Limited
37 days - Industry AVG

Stock Days
it holds stock equivalent to 73 days, this is in line with average (72 days)
73 days - Fairway Of Course Limited
72 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - Fairway Of Course Limited
22 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 35.9%, this is a lower level of debt than the average (61.7%)
35.9% - Fairway Of Course Limited
61.7% - Industry AVG
FAIRWAY OF COURSE LIMITED financials

Fairway Of Course Limited's latest turnover from December 2023 is £12.6 million and the company has net assets of £7.2 million. According to their latest financial statements, Fairway Of Course Limited has 27 employees and maintains cash reserves of £362.1 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 | Feb 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 12,625,049 | 12,193,155 | 15,000,704 | ||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 10,219,794 | 9,915,254 | 11,168,333 | ||||||||||||
Gross Profit | 2,405,255 | 2,277,901 | 3,832,371 | ||||||||||||
Admin Expenses | 2,138,655 | 1,665,011 | 1,382,698 | ||||||||||||
Operating Profit | 266,600 | 612,890 | 2,449,673 | ||||||||||||
Interest Payable | 150,937 | 1,544,808 | 20,407 | ||||||||||||
Interest Receivable | 1,088,873 | 16,536 | 727,359 | ||||||||||||
Pre-Tax Profit | 1,254,422 | -835,020 | 3,182,710 | ||||||||||||
Tax | -274,159 | 156,923 | -669,435 | ||||||||||||
Profit After Tax | 980,263 | -678,097 | 2,513,275 | ||||||||||||
Dividends Paid | 60,000 | ||||||||||||||
Retained Profit | 980,263 | -678,097 | 2,453,275 | ||||||||||||
Employee Costs | 994,907 | 961,523 | 855,978 | ||||||||||||
Number Of Employees | 27 | 30 | 29 | 26 | 23 | 23 | 24 | 23 | 23 | ||||||
EBITDA* | 299,136 | 624,408 | 2,462,535 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Feb 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 93,216 | 15,624 | 25,498 | 26,931 | 25,994 | 32,502 | 38,405 | 41,685 | 44,675 | 40,678 | 50,996 | 65,621 | 77,205 | 103,533 | 117,814 |
Intangible Assets | 1,498 | 1,747 | 1,997 | 2,246 | 27,289 | 38,204 | 49,120 | 60,035 | 69,131 | 92,782 | 98,239 | 103,697 | |||
Investments & Other | 5,494,221 | 6,876,313 | 8,426,689 | 5,055,499 | 2,071,196 | 1 | |||||||||
Debtors (Due After 1 year) | 800,000 | ||||||||||||||
Total Fixed Assets | 5,588,935 | 6,893,684 | 8,454,184 | 5,084,676 | 2,124,479 | 70,706 | 87,525 | 101,721 | 113,806 | 133,460 | 949,235 | 169,318 | 77,205 | 103,533 | 117,814 |
Stock & work in progress | 2,051,376 | 2,214,624 | 2,212,102 | 945,080 | 1,005,750 | 910,200 | 720,540 | 610,189 | 936,750 | 844,479 | 555,513 | 533,305 | 751,912 | 757,803 | 810,465 |
Trade Debtors | 59,519 | 49,696 | 117,420 | 20,534 | 1,231,717 | 3,541,383 | 3,111,905 | 3,011,986 | 2,886,415 | 2,981,053 | 1,829,297 | 235,398 | 134,971 | 59,813 | 100,633 |
Group Debtors | |||||||||||||||
Misc Debtors | 3,251,850 | 2,731,281 | 1,874,433 | 1,754,390 | 1,625,693 | 67,312 | 854,422 | 286,006 | 510,235 | ||||||
Cash | 362,101 | 987,454 | 1,062,639 | 1,771,511 | 465,410 | 1,264,955 | 498,278 | 1,842,838 | 2,240,406 | 1,271,294 | 994,630 | 2,715,303 | 2,192,846 | 2,027,838 | 1,581,357 |
misc current assets | |||||||||||||||
total current assets | 5,724,846 | 5,983,055 | 5,266,594 | 4,491,515 | 4,328,570 | 5,783,850 | 5,185,145 | 5,751,019 | 6,573,806 | 5,096,826 | 3,379,440 | 3,484,006 | 3,079,729 | 2,845,454 | 2,492,455 |
total assets | 11,313,781 | 12,876,739 | 13,720,778 | 9,576,191 | 6,453,049 | 5,854,556 | 5,272,670 | 5,852,740 | 6,687,612 | 5,230,286 | 4,328,675 | 3,653,324 | 3,156,934 | 2,948,987 | 2,610,269 |
Bank overdraft | 2,200,000 | 3,000,000 | 805,000 | 661,370 | 1,716,779 | ||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 957,344 | 600,587 | 527,061 | 1,114,581 | 810,494 | 579,688 | 490,085 | 592,911 | 829,132 | 1,774,713 | 1,280,741 | 1,022,051 | 794,168 | 798,338 | 873,467 |
Group/Directors Accounts | |||||||||||||||
other short term finances | 2,500,000 | ||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 764,230 | 778,284 | 1,264,896 | 1,121,349 | 680,661 | 729,942 | 510,599 | 917,635 | 413,867 | ||||||
total current liabilities | 3,921,574 | 4,378,871 | 4,291,957 | 3,040,930 | 1,491,155 | 1,309,630 | 1,000,684 | 2,171,916 | 2,959,778 | 1,774,713 | 1,280,741 | 1,022,051 | 794,168 | 798,338 | 873,467 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 142,441 | 2,290 | 255,146 | 57,992 | 18,298 | 3,019 | 3,932 | 3,803 | 4,550 | 3,152 | 4,122 | 5,713 | 6,401 | 13,033 | 9,640 |
total long term liabilities | 142,441 | 2,290 | 255,146 | 57,992 | 18,298 | 3,019 | 3,932 | 3,803 | 4,550 | 3,152 | 4,122 | 5,713 | 6,401 | 13,033 | 9,640 |
total liabilities | 4,064,015 | 4,381,161 | 4,547,103 | 3,098,922 | 1,509,453 | 1,312,649 | 1,004,616 | 2,175,719 | 2,964,328 | 1,777,865 | 1,284,863 | 1,027,764 | 800,569 | 811,371 | 883,107 |
net assets | 7,249,766 | 8,495,578 | 9,173,675 | 6,477,269 | 4,943,596 | 4,541,907 | 4,268,054 | 3,677,021 | 3,723,284 | 3,452,421 | 3,043,812 | 2,625,560 | 2,356,365 | 2,137,616 | 1,727,162 |
total shareholders funds | 7,249,766 | 8,495,578 | 9,173,675 | 6,477,269 | 4,943,596 | 4,541,907 | 4,268,054 | 3,677,021 | 3,723,284 | 3,452,421 | 3,043,812 | 2,625,560 | 2,356,365 | 2,137,616 | 1,727,162 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Feb 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 266,600 | 612,890 | 2,449,673 | ||||||||||||
Depreciation | 32,287 | 11,268 | 12,613 | 12,055 | 9,956 | 14,036 | 14,284 | 11,876 | 9,498 | 16,053 | 18,520 | 23,591 | 28,338 | 36,459 | 38,609 |
Amortisation | 249 | 250 | 249 | 27,538 | 10,915 | 10,916 | 10,915 | 9,096 | 3,638 | 5,457 | 5,458 | 5,458 | |||
Tax | -274,159 | 156,923 | -669,435 | ||||||||||||
Stock | -163,248 | 2,522 | 1,267,022 | -60,670 | 95,550 | 189,660 | 110,351 | -234,290 | 92,271 | 288,966 | 22,208 | -218,607 | -5,891 | -52,662 | 810,465 |
Debtors | 530,392 | 789,124 | 216,929 | -1,082,486 | -751,285 | -357,632 | 668,335 | 316,939 | 415,597 | 351,756 | 2,393,899 | 100,427 | 75,158 | -40,820 | 100,633 |
Creditors | 356,757 | 73,526 | -587,520 | 304,087 | 230,806 | 89,603 | -102,826 | -1,181,802 | -945,581 | 493,972 | 258,690 | 227,883 | -4,170 | -75,129 | 873,467 |
Accruals and Deferred Income | -14,054 | -486,612 | 143,547 | 440,688 | -49,281 | 219,343 | -407,036 | 917,635 | 413,867 | ||||||
Deferred Taxes & Provisions | 140,151 | -252,856 | 197,154 | 39,694 | 15,279 | -913 | 129 | 651 | 1,398 | -970 | -1,591 | -688 | -6,632 | 3,393 | 9,640 |
Cash flow from operations | 140,687 | -676,257 | 62,330 | ||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -1,382,092 | -1,550,376 | 3,371,190 | 2,984,303 | 2,071,196 | -1 | 1 | ||||||||
cash flow from investments | 1,382,092 | 1,550,376 | -3,371,190 | ||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | -2,500,000 | 2,500,000 | |||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 937,936 | -1,528,272 | 706,952 | ||||||||||||
cash flow from financing | -1,288,139 | -4,028,272 | 3,450,083 | ||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -625,353 | -75,185 | -708,872 | 1,306,101 | -799,545 | 766,677 | -1,344,560 | 571,544 | 969,112 | 276,664 | -1,720,673 | 522,457 | 165,008 | 446,481 | 1,581,357 |
overdraft | -800,000 | 3,000,000 | -805,000 | 805,000 | -661,370 | 661,370 | 1,716,779 | ||||||||
change in cash | 174,647 | -3,075,185 | 96,128 | 501,101 | -799,545 | 766,677 | -683,190 | -89,826 | -747,667 | 276,664 | -1,720,673 | 522,457 | 165,008 | 446,481 | 1,581,357 |
fairway of course limited Credit Report and Business Information
Fairway Of Course Limited Competitor Analysis

Perform a competitor analysis for fairway of course limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in HA7 area or any other competitors across 12 key performance metrics.
fairway of course limited Ownership
FAIRWAY OF COURSE LIMITED group structure
Fairway Of Course Limited has no subsidiary companies.
Ultimate parent company
FAIRWAY OF COURSE LIMITED
04229016
fairway of course limited directors
Fairway Of Course Limited currently has 4 directors. The longest serving directors include Mr Samit Patani (Oct 2002) and Mr Rumit Patani (Dec 2003).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Samit Patani | 47 years | Oct 2002 | - | Director | |
Mr Rumit Patani | 46 years | Dec 2003 | - | Director | |
Mr Nihar Patani | 50 years | Nov 2005 | - | Director | |
Mr Indravadan Patani | 80 years | Jun 2023 | - | Director |
P&L
December 2023turnover
12.6m
+4%
operating profit
266.6k
-57%
gross margin
19.1%
+1.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.2m
-0.15%
total assets
11.3m
-0.12%
cash
362.1k
-0.63%
net assets
Total assets minus all liabilities
fairway of course limited company details
company number
04229016
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
June 2001
age
24
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MALDE & CO
address
woodfield house 506-508, honeypot lane, stanmore, middlesex, HA7 1JS
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
fairway of course 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 5 charges/mortgages relating to fairway of course limited. Currently there are 3 open charges and 2 have been satisfied in the past.
fairway of course 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 FAIRWAY OF COURSE LIMITED. This can take several minutes, an email will notify you when this has completed.
fairway of course limited Companies House Filings - See Documents
date | description | view/download |
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