archerfield & fidra golf courses limited
archerfield & fidra golf courses limited Company Information
Company Number
SC260327
Website
www.archerfieldgolfclub.comRegistered Address
46 charlotte square, edinburgh, EH2 4HQ
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
01312205511
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
caledonian heritable ltd 100%
archerfield & fidra golf courses limited Estimated Valuation
Pomanda estimates the enterprise value of ARCHERFIELD & FIDRA GOLF COURSES LIMITED at £5m based on a Turnover of £6.2m and 0.8x industry multiple (adjusted for size and gross margin).
archerfield & fidra golf courses limited Estimated Valuation
Pomanda estimates the enterprise value of ARCHERFIELD & FIDRA GOLF COURSES LIMITED at £596.4k based on an EBITDA of £197.3k and a 3.02x industry multiple (adjusted for size and gross margin).
archerfield & fidra golf courses limited Estimated Valuation
Pomanda estimates the enterprise value of ARCHERFIELD & FIDRA GOLF COURSES LIMITED at £704k based on Net Assets of £383.4k and 1.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Archerfield & Fidra Golf Courses Limited Overview
Archerfield & Fidra Golf Courses Limited is a live company located in edinburgh, EH2 4HQ with a Companies House number of SC260327. It operates in the other sports activities sector, SIC Code 93199. Founded in December 2003, it's largest shareholder is caledonian heritable ltd with a 100% stake. Archerfield & Fidra Golf Courses Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Archerfield & Fidra Golf Courses Limited Health Check
Pomanda's financial health check has awarded Archerfield & Fidra Golf Courses Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £6.2m, make it larger than the average company (£545.5k)
£6.2m - Archerfield & Fidra Golf Courses Limited
£545.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.9%)
15% - Archerfield & Fidra Golf Courses Limited
6.9% - Industry AVG
Production
with a gross margin of 39.3%, this company has a comparable cost of product (43.8%)
39.3% - Archerfield & Fidra Golf Courses Limited
43.8% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (1.6%)
-0.8% - Archerfield & Fidra Golf Courses Limited
1.6% - Industry AVG
Employees
with 136 employees, this is above the industry average (14)
136 - Archerfield & Fidra Golf Courses Limited
14 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.2k)
£26.1k - Archerfield & Fidra Golf Courses Limited
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £46k, this is less efficient (£64k)
£46k - Archerfield & Fidra Golf Courses Limited
£64k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (16 days)
82 days - Archerfield & Fidra Golf Courses Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (34 days)
22 days - Archerfield & Fidra Golf Courses Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (16 days)
28 days - Archerfield & Fidra Golf Courses Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is less cash available to meet short term requirements (67 weeks)
23 weeks - Archerfield & Fidra Golf Courses Limited
67 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (37.4%)
98.2% - Archerfield & Fidra Golf Courses Limited
37.4% - Industry AVG
ARCHERFIELD & FIDRA GOLF COURSES LIMITED financials
Archerfield & Fidra Golf Courses Limited's latest turnover from October 2023 is £6.2 million and the company has net assets of £383.4 thousand. According to their latest financial statements, Archerfield & Fidra Golf Courses Limited has 136 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,249,491 | 5,505,030 | 5,216,318 | 4,160,899 | 5,141,367 | 4,830,361 | 4,386,542 | 4,286,951 | 4,166,146 | 3,916,218 | 3,907,671 | 3,486,839 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 3,796,176 | 3,326,483 | 2,827,560 | 2,722,206 | 3,273,035 | 3,394,685 | 3,100,384 | 2,933,000 | 2,846,908 | 2,686,816 | 2,653,135 | 2,378,814 | |||
| Gross Profit | 2,453,315 | 2,178,547 | 2,388,758 | 1,438,693 | 1,868,332 | 1,435,676 | 1,286,158 | 1,353,951 | 1,319,238 | 1,229,402 | 1,254,536 | 1,108,025 | |||
| Admin Expenses | 2,503,433 | 2,288,634 | 1,597,458 | 1,115,587 | 1,852,732 | 1,359,095 | 1,251,680 | 1,380,526 | 1,350,197 | 1,420,368 | |||||
| Operating Profit | -50,118 | -110,087 | 791,300 | 323,106 | 15,600 | 76,581 | 34,478 | -26,575 | -30,959 | -312,343 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -50,118 | -110,087 | 791,300 | 323,106 | 15,600 | 76,581 | 34,478 | -26,575 | -30,959 | -34,299 | 189,869 | -312,343 | |||
| Tax | -58,500 | -78,361 | -160,024 | -82,835 | -19,182 | -18,139 | -7,592 | -11,424 | 1,035 | -1,592 | -46,523 | 0 | |||
| Profit After Tax | -108,618 | -188,448 | 631,276 | 240,271 | -3,582 | 58,442 | 26,886 | -37,999 | -29,924 | -35,891 | 143,346 | -312,343 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -108,618 | -188,448 | 631,276 | 240,271 | -3,582 | 58,442 | 26,886 | -37,999 | -29,924 | -35,891 | 143,346 | -312,343 | |||
| Employee Costs | 3,544,200 | 2,990,324 | 2,453,167 | 2,576,233 | 2,939,371 | 2,791,891 | 2,486,884 | 2,553,636 | 2,446,748 | ||||||
| Number Of Employees | 136 | 114 | 91 | 108 | 140 | 139 | 121 | 125 | 133 | ||||||
| EBITDA* | 197,336 | 99,715 | 946,588 | 481,406 | 15,600 | 204,940 | 145,690 | 59,866 | 32,252 | -307,461 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,036,929 | 1,035,409 | 619,175 | 562,617 | 561,743 | 540,067 | 461,766 | 400,237 | 346,803 | 296,896 | 246,176 | 98,714 | 0 | 0 | 0 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 15,717,045 | 15,790,795 | 15,936,491 | 13,951,923 | 13,090,126 | 12,679,594 | 12,608,951 | 12,965,431 | 12,898,006 | 12,671,426 | 12,908,890 | 12,311,946 | 0 | 0 | 0 |
| Total Fixed Assets | 16,753,974 | 16,826,204 | 16,555,666 | 14,514,540 | 13,651,869 | 13,219,661 | 13,070,717 | 13,365,668 | 13,244,809 | 12,968,322 | 13,155,066 | 12,410,660 | 0 | 0 | 0 |
| Stock & work in progress | 300,288 | 259,646 | 248,035 | 165,738 | 273,772 | 453,092 | 409,880 | 347,086 | 252,698 | 189,415 | 221,444 | 192,351 | 0 | 0 | 0 |
| Trade Debtors | 1,404,149 | 360,056 | 309,511 | 491,545 | 279,209 | 350,639 | 240,423 | 456,806 | 975,781 | 1,094,294 | 1,224,103 | 869,591 | 0 | 0 | 0 |
| Group Debtors | 399 | 391,402 | 170,543 | 1,499,158 | 1,266,275 | 743,955 | 236,423 | 460,430 | 12,672 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 121,316 | 72,964 | 221,036 | 79,704 | 129,682 | 77,093 | 90,219 | 42,817 | 31,057 | 56,890 | 112,910 | 42,450 | 0 | 0 | 0 |
| Cash | 2,205,176 | 2,168,139 | 1,740,714 | 762,619 | 1,365,894 | 1,286,945 | 1,219,676 | 552,929 | 434,657 | 238,800 | 309,646 | 340,353 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,031,328 | 3,252,207 | 2,689,839 | 2,998,764 | 3,314,832 | 2,911,724 | 2,196,621 | 1,860,068 | 1,706,865 | 1,579,399 | 1,868,103 | 1,444,745 | 0 | 0 | 0 |
| total assets | 20,785,302 | 20,078,411 | 19,245,505 | 17,513,304 | 16,966,701 | 16,131,385 | 15,267,338 | 15,225,736 | 14,951,674 | 14,547,721 | 15,023,169 | 13,855,405 | 0 | 0 | 0 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 236,180 | 469,740 | 309,181 | 124,588 | 188,287 | 220,748 | 219,840 | 163,791 | 191,803 | 131,155 | 169,917 | 187,862 | 0 | 0 | 0 |
| Group/Directors Accounts | 425,998 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,269 | 200,852 | 762,622 | 362,930 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 13,774 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,112,420 | 3,556,859 | 2,715,202 | 2,143,711 | 2,035,571 | 1,380,944 | 1,134,135 | 1,157,167 | 1,229,220 | 1,117,373 | 1,275,990 | 1,104,955 | 0 | 0 | 0 |
| total current liabilities | 4,788,372 | 4,026,599 | 3,024,383 | 2,268,299 | 2,223,858 | 1,601,692 | 1,353,975 | 1,320,958 | 1,449,292 | 1,449,380 | 2,208,529 | 1,655,747 | 0 | 0 | 0 |
| loans | 15,366,375 | 15,411,875 | 15,472,750 | 15,155,000 | 14,906,550 | 14,709,000 | 14,146,500 | 14,161,501 | 13,729,000 | 13,294,000 | 12,976,000 | 12,512,000 | 0 | 0 | 0 |
| hp & lease commitments | 40,736 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 206,402 | 147,902 | 67,889 | 40,798 | 27,357 | 8,175 | 12,787 | 16,087 | 8,193 | 9,228 | 7,636 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,613,513 | 15,559,777 | 15,540,639 | 15,195,798 | 14,933,907 | 14,717,175 | 14,159,287 | 14,177,588 | 13,737,193 | 13,303,228 | 12,983,636 | 12,512,000 | 0 | 0 | 0 |
| total liabilities | 20,401,885 | 19,586,376 | 18,565,022 | 17,464,097 | 17,157,765 | 16,318,867 | 15,513,262 | 15,498,546 | 15,186,485 | 14,752,608 | 15,192,165 | 14,167,747 | 0 | 0 | 0 |
| net assets | 383,417 | 492,035 | 680,483 | 49,207 | -191,064 | -187,482 | -245,924 | -272,810 | -234,811 | -204,887 | -168,996 | -312,342 | 0 | 0 | 0 |
| total shareholders funds | 383,417 | 492,035 | 680,483 | 49,207 | -191,064 | -187,482 | -245,924 | -272,810 | -234,811 | -204,887 | -168,996 | -312,342 | 0 | 0 | 0 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -50,118 | -110,087 | 791,300 | 323,106 | 15,600 | 76,581 | 34,478 | -26,575 | -30,959 | -312,343 | |||||
| Depreciation | 247,454 | 209,802 | 155,288 | 158,300 | 0 | 128,359 | 111,212 | 86,441 | 63,211 | 46,007 | 21,123 | 4,882 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -58,500 | -78,361 | -160,024 | -82,835 | -19,182 | -18,139 | -7,592 | -11,424 | 1,035 | -1,592 | -46,523 | 0 | |||
| Stock | 40,642 | 11,611 | 82,297 | -108,034 | -179,320 | 43,212 | 62,794 | 94,388 | 63,283 | -32,029 | 29,093 | 192,351 | 0 | 0 | 0 |
| Debtors | 627,692 | -22,364 | 615,251 | 1,257,038 | 914,011 | 675,265 | -749,468 | 7,968 | 94,906 | -423,293 | 1,021,916 | 13,223,987 | 0 | 0 | 0 |
| Creditors | -233,560 | 160,559 | 184,593 | -63,699 | -32,461 | 908 | 56,049 | -28,012 | 60,648 | -38,762 | -17,945 | 187,862 | 0 | 0 | 0 |
| Accruals and Deferred Income | 555,561 | 841,657 | 571,491 | 108,140 | 654,627 | 246,809 | -23,032 | -72,053 | 111,847 | -158,617 | 171,035 | 1,104,955 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 58,500 | 80,013 | 27,091 | 13,441 | 19,182 | -4,612 | -3,300 | 7,894 | -1,035 | 1,592 | 7,636 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -148,997 | 1,114,336 | 872,191 | -692,551 | -96,925 | -288,571 | 854,489 | -146,085 | 46,558 | -12,430,982 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 425,998 | 0 | 0 | 0 | 0 | 0 | 0 | -28,269 | -172,583 | -561,770 | 399,692 | 362,930 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -45,500 | -60,875 | 317,750 | 248,450 | 197,550 | 562,500 | -15,001 | 432,501 | 435,000 | 318,000 | 464,000 | 12,512,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 54,510 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 435,008 | -60,875 | 317,750 | 248,450 | 197,550 | 562,500 | -15,001 | 404,232 | 262,417 | -243,770 | 863,692 | 12,874,931 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 37,037 | 427,425 | 978,095 | -603,275 | 78,949 | 67,269 | 666,747 | 118,272 | 195,857 | -70,846 | -30,707 | 340,353 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 37,037 | 427,425 | 978,095 | -603,275 | 78,949 | 67,269 | 666,747 | 118,272 | 195,857 | -70,846 | -30,707 | 340,353 | 0 | 0 | 0 |
archerfield & fidra golf courses limited Credit Report and Business Information
Archerfield & Fidra Golf Courses Limited Competitor Analysis
Perform a competitor analysis for archerfield & fidra golf courses limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in EH2 area or any other competitors across 12 key performance metrics.
archerfield & fidra golf courses limited Ownership
ARCHERFIELD & FIDRA GOLF COURSES LIMITED group structure
Archerfield & Fidra Golf Courses Limited has no subsidiary companies.
Ultimate parent company
1 parent
ARCHERFIELD & FIDRA GOLF COURSES LIMITED
SC260327
archerfield & fidra golf courses limited directors
Archerfield & Fidra Golf Courses Limited currently has 5 directors. The longest serving directors include Mr John Glen (Jan 2004) and Mr Kevin Doyle (Jan 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Glen | Scotland | 72 years | Jan 2004 | - | Director |
| Mr Kevin Doyle | 77 years | Jan 2004 | - | Director | |
| Mr Robert Arnott | 67 years | Jan 2004 | - | Director | |
| Mr Thomas Younger | Scotland | 59 years | Mar 2009 | - | Director |
| Mr Gordon Russell | Scotland | 53 years | Sep 2015 | - | Director |
P&L
October 2023turnover
6.2m
+14%
operating profit
-50.1k
-54%
gross margin
39.3%
-0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
383.4k
-0.22%
total assets
20.8m
+0.04%
cash
2.2m
+0.02%
net assets
Total assets minus all liabilities
Similar Companies
archerfield & fidra golf courses limited company details
company number
SC260327
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
December 2003
age
21
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
york place (no. 307) limited (January 2004)
last accounts submitted
October 2023
address
46 charlotte square, edinburgh, EH2 4HQ
accountant
-
auditor
HAINES WATTS SCOTLAND
archerfield & fidra golf courses 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 1 charges/mortgages relating to archerfield & fidra golf courses limited. Currently there are 1 open charges and 0 have been satisfied in the past.
archerfield & fidra golf courses limited Companies House Filings - See Documents
| date | description | view/download |
|---|
