Fairway Of Course Limited

Fairway Of Course Limited, based in Stanmore, UK, is a medium-sized, active company established 23 years ago. With 30 employees and £5,724,846 in assets, the business generated £12,625,049 in revenue last year. It's a family business with four directors and three owners, operating from a real address. While it imports optical and medical tools irregularly (just two months of activity), it’s a regular exporter of toys, games, and sports equipment, with 279 months of export activity recorded.

The company’s website, fairwayproductsonline.co.uk, positions itself as a premier manufacturer and supplier of golf course equipment and supplies. It offers a wide range of products, from flags and hole cups to bunker rakes and practice mats, catering to golf courses and enthusiasts alike. The site highlights its commitment to quality, value, and stylish design, showcasing its iconic Multimat product used at Open Championship venues. The company also appears to have a strong focus on customer service and even offers a blog section.

Financially, Fairway Of Course Limited presents a mixed picture. While turnover remained relatively stable, the company’s net assets decreased by 15%, dropping to £7,200,000. Bank borrowings were reduced by 27%, down to £2,200,000, and cash reserves also decreased by 63%, falling to £360,000. Creditors, however, increased by 59%, reaching £960,000, which could indicate increased purchasing to meet demand. The company’s size—meeting two of three criteria for a medium company—helps it remain flexible, but the drop in equity is something to watch. The company’s financial statements were audited by Malde & Co.

The company’s irregular import activity, coupled with a focus on exporting, suggests a strategic approach to sourcing and distribution. The decrease in cash reserves and increase in creditors may be a result of increased investment in inventory or expansion efforts. Overall, Fairway Of Course Limited appears to be a well-established business facing typical challenges in a competitive market.

Registered in England/Wales under the registration number 04229016, with a registered address at HA7 1JS, Stanmore, Middlesex, Woodfield House 506-508, Honeypot Lane.

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