Chichester Golf Sussex Llp

Chichester Golf Sussex Llp from Chichester UK: a small, active company established 21 years ago, employs 44 people, and operates from a real address. It's led by two directors and has one owner, boasting a respectable Google rating of 4.0 from 413 reviews. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded going back to 2020.

The business is primarily a golf club, offering a range of activities beyond traditional golf. Its website showcases two 18-hole championship courses, a 9-hole short course, and a driving range, alongside more unusual offerings like indoor adventure golf, footgolf, and escape rooms. It also hosts events like weddings and corporate golf days, and even offers Christmas packages. The club seems to be diversifying its revenue streams to appeal to a wider audience, and it’s clear they are investing in modern amenities like Trackman golf simulators and virtual courses.

Financially, Chichester Golf Sussex Llp shows some concerning trends. Accumulated depreciation on plant and machinery has increased by 9.5%, while cash reserves have plummeted by 44% to £59,000. Creditors have risen by 16%, and net assets have fallen by 22% to £700,000. Despite these challenges, trade debtors have increased significantly, by 160%, which could indicate a shift in payment terms or increased sales on credit. The company is a small business, meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), and it’s likely exempt from a full audit. While the business seems to be well-regarded by customers, the financial data suggests it’s burning through cash, and the drop in net assets is something to watch closely.

Registered in England/Wales under the registration number OC307141, with a registered address at PO20 1AX, Chichester, West Sussex, Chichester Golf Club, Hunston Village.

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