Ballumbie Castle Golf Ltd

Ballumbie Castle Golf Ltd from Dundee UK is a small, active company founded four years ago. With five employees and £22,213 in assets, it operates from a real address and is led by two directors and a single owner—the solo founder. The company boasts an e-commerce site and a solid Google rating of 4.0 based on 336 reviews. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with just one month of imports recorded.

The company’s core business revolves around its 18-hole golf course, set in beautiful rolling parkland with excellent views. The website highlights the course’s design, clubhouse, restaurant, range, and events, emphasizing its friendly atmosphere and suitability for outings or quiet games. It even offers a Toptracer driving range and a pro shop. The site also mentions a history of course changes, including green moves and bunker additions, and a focus on position over distance for many holes.

Financially, Ballumbie Castle Golf Ltd shows some concerning trends. While current assets increased slightly to £22,000, net assets plummeted 15% to £3,800. Cash bank on hand decreased significantly by 39% to £6,200, and creditors surged by a whopping 350% to £240,000. Fixed assets, however, jumped 470% to £220,000. The company meets two of three criteria to be considered small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is typical for a small company.

The increase in creditors suggests the company is relying more on borrowed money, and the decrease in cash reserves is a cause for concern. While the golf course itself appears to be a popular destination, the financial data indicates the business is burning through money. It's a bit worrying, really.

Registered in Scotland under the registration number SC681391, with a registered address at DD4 0SY, Scotland, Dundee, 3 Old Quarry Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.