Gm Golf Uk Ltd

Gm Golf Uk Ltd, based in Llandudno, UK, is a small, active company founded seven years ago. It's a solo venture with one employee and holds £8,494 in assets, operating from a real address. The company is led by a single director and owner, Andrew Steven, and runs an e-commerce site. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website, Good Good Golf Europe, showcases a range of performance wear, including polos, hats, hoodies, and QZips, catering to golfers. It’s clearly focused on direct-to-consumer sales, with a modern, visually appealing site and a focus on quality and style. The website also highlights a limited product selection available from a new UK warehouse, aiming to reduce shipping times and costs for European customers.

Financially, Gm Golf Uk Ltd’s report paints a mixed picture. Current assets have decreased by 34%, dropping to £8,500, while net assets have fallen by 19%, settling at £7,500. Cash reserves have also declined by 15%, down to £7,400. Debtor values have dropped significantly, by 73%, and creditors have decreased by 48%. While these numbers suggest a reduction in liabilities, the decrease in assets and cash raises concerns about the company’s liquidity. Plant and equipment has increased by a substantial 500%, which could be due to new equipment purchases. The lack of an auditor mentioned likely reflects the company’s exemption as a small entity. Overall, Gm Golf Uk Ltd appears to be navigating a period of financial adjustment, with its future success depending on maintaining sales and managing its working capital effectively.

Registered in England/Wales under the registration number 10962631, with a registered address at LL30 2AH, United Kingdom, Llandudno, Sunnyholme, Gloddaeth Avenue.

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