colourpathgolf ltd
colourpathgolf ltd Company Information
Company Number
10637347
Next Accounts
Oct 2025
Shareholders
kevin james merry
john james glenn
View AllGroup Structure
View All
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Registered Address
11 ragged hall lane, chiswell green, st albans, herts, AL2 3LB
Website
-colourpathgolf ltd Estimated Valuation
Pomanda estimates the enterprise value of COLOURPATHGOLF LTD at £61.1k based on a Turnover of £51.8k and 1.18x industry multiple (adjusted for size and gross margin).
colourpathgolf ltd Estimated Valuation
Pomanda estimates the enterprise value of COLOURPATHGOLF LTD at £27.2k based on an EBITDA of £5.8k and a 4.66x industry multiple (adjusted for size and gross margin).
colourpathgolf ltd Estimated Valuation
Pomanda estimates the enterprise value of COLOURPATHGOLF LTD at £0 based on Net Assets of £-153.1k and 2.12x industry multiple (adjusted for liquidity).
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Colourpathgolf Ltd Overview
Colourpathgolf Ltd is a live company located in st albans, AL2 3LB with a Companies House number of 10637347. It operates in the other sports activities sector, SIC Code 93199. Founded in February 2017, it's largest shareholder is kevin james merry with a 33.3% stake. Colourpathgolf Ltd is a young, micro sized company, Pomanda has estimated its turnover at £51.8k with healthy growth in recent years.
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Colourpathgolf Ltd Health Check
Pomanda's financial health check has awarded Colourpathgolf Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £51.8k, make it smaller than the average company (£581k)
- Colourpathgolf Ltd
£581k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (11.4%)
- Colourpathgolf Ltd
11.4% - Industry AVG
Production
with a gross margin of 44.4%, this company has a comparable cost of product (44.4%)
- Colourpathgolf Ltd
44.4% - Industry AVG
Profitability
an operating margin of 11.3% make it more profitable than the average company (2.1%)
- Colourpathgolf Ltd
2.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Colourpathgolf Ltd
13 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Colourpathgolf Ltd
£27k - Industry AVG
Efficiency
resulting in sales per employee of £25.9k, this is less efficient (£65.2k)
- Colourpathgolf Ltd
£65.2k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (16 days)
- Colourpathgolf Ltd
16 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (31 days)
- Colourpathgolf Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is more than average (16 days)
- Colourpathgolf Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (64 weeks)
5 weeks - Colourpathgolf Ltd
64 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2396.5%, this is a higher level of debt than the average (40.4%)
2396.5% - Colourpathgolf Ltd
40.4% - Industry AVG
COLOURPATHGOLF LTD financials
Colourpathgolf Ltd's latest turnover from January 2024 is estimated at £51.8 thousand and the company has net assets of -£153.1 thousand. According to their latest financial statements, Colourpathgolf Ltd has 2 employees and maintains cash reserves of £2.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 3,358 | 1,233 | 1,338 | 1,524 | 0 | 1,482 | 3,186 |
| Trade Debtors | 452 | 1,786 | 452 | 485 | 3,327 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 101 | 1,310 | 1,031 | 0 | 0 | 3,590 | 0 |
| Cash | 2,756 | 10,946 | 3,325 | 8,223 | 11,654 | 3,851 | 973 |
| misc current assets | 0 | 0 | 52 | 0 | 0 | 0 | 2 |
| total current assets | 6,667 | 15,275 | 6,198 | 10,232 | 14,981 | 8,923 | 4,161 |
| total assets | 6,667 | 15,275 | 6,198 | 10,232 | 14,981 | 8,923 | 4,161 |
| Bank overdraft | 1,724 | 526 | 304 | 289 | 513 | 266 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 827 | 775 | 0 | 154 | 163 | 5,454 | 0 |
| Group/Directors Accounts | 21,609 | 20,990 | 20,865 | 15,971 | 7,473 | 8,594 | 8,511 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,310 | 652 | 0 | 1,413 | 8,836 | 6,041 | 0 |
| total current liabilities | 25,470 | 22,943 | 21,169 | 17,827 | 16,985 | 20,355 | 8,511 |
| loans | 134,306 | 136,283 | 127,080 | 128,500 | 116,500 | 41,500 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 134,306 | 136,283 | 127,080 | 128,500 | 116,500 | 41,500 | 0 |
| total liabilities | 159,776 | 159,226 | 148,249 | 146,327 | 133,485 | 61,855 | 8,511 |
| net assets | -153,109 | -143,951 | -142,051 | -136,095 | -118,504 | -52,932 | -4,350 |
| total shareholders funds | -153,109 | -143,951 | -142,051 | -136,095 | -118,504 | -52,932 | -4,350 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 2,125 | -105 | -186 | 1,524 | -1,482 | -1,704 | 3,186 |
| Debtors | -2,543 | 1,613 | 998 | -2,842 | -263 | 3,590 | 0 |
| Creditors | 52 | 775 | -154 | -9 | -5,291 | 5,454 | 0 |
| Accruals and Deferred Income | 658 | 652 | -1,413 | -7,423 | 2,795 | 6,041 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 619 | 125 | 4,894 | 8,498 | -1,121 | 83 | 8,511 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,977 | 9,203 | -1,420 | 12,000 | 75,000 | 41,500 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -8,190 | 7,621 | -4,898 | -3,431 | 7,803 | 2,878 | 973 |
| overdraft | 1,198 | 222 | 15 | -224 | 247 | 266 | 0 |
| change in cash | -9,388 | 7,399 | -4,913 | -3,207 | 7,556 | 2,612 | 973 |
colourpathgolf ltd Credit Report and Business Information
Colourpathgolf Ltd Competitor Analysis
Perform a competitor analysis for colourpathgolf ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in AL2 area or any other competitors across 12 key performance metrics.
colourpathgolf ltd Ownership
COLOURPATHGOLF LTD group structure
Colourpathgolf Ltd has no subsidiary companies.
Ultimate parent company
COLOURPATHGOLF LTD
10637347
colourpathgolf ltd directors
Colourpathgolf Ltd currently has 2 directors. The longest serving directors include Mr Kevin Merry (Feb 2017) and Mr John Glenn (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Merry | United Kingdom | 59 years | Feb 2017 | - | Director |
| Mr John Glenn | United Kingdom | 40 years | Feb 2017 | - | Director |
P&L
January 2024turnover
51.8k
-16%
operating profit
5.8k
0%
gross margin
44.5%
+7.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-153.1k
+0.06%
total assets
6.7k
-0.56%
cash
2.8k
-0.75%
net assets
Total assets minus all liabilities
colourpathgolf ltd company details
company number
10637347
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
AMBER CONSULTANCY
auditor
-
address
11 ragged hall lane, chiswell green, st albans, herts, AL2 3LB
Bank
-
Legal Advisor
-
colourpathgolf ltd 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 did not find charges/mortgages relating to colourpathgolf ltd.
colourpathgolf ltd 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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colourpathgolf ltd Companies House Filings - See Documents
| date | description | view/download |
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