Golf Gear Raffles Ltd

  • Small
  • Active
  • 3 years
  • 1 employee
  • £8,649 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Solo founder

Field of Operation

Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
47640 10853 companies
Retail sale via mail order houses or via Internet
47910 204566 companies
Other retail sale not in stores, stalls or markets
47990 59804 companies

Website

golfgearraffles.co.uk↗

Social media

instagram↗ facebook↗

Summary

Golf Gear Raffles Ltd, based in Stuston, Diss, UK, is a small, active company founded three years ago. It's a solo venture employing just one person and holding £8,649 in assets. The company is led by a single director and owner, Mcillwraith Eric William.

The business operates an online platform focused on golf raffles, offering players the chance to win prizes through skill-based questions. The website, Golf Gear Raffles, emphasizes fun and engagement, encouraging users to suggest new raffles and participate in live draws. Prizes range from irons and woods to rangefinders, with entry prices starting at just 79p. The site also features a "wishlist" section and promotes affiliate programs. It's clear the company is targeting golf enthusiasts looking for a chance to win valuable prizes.

Financially, Golf Gear Raffles Ltd presents a mixed picture. While current assets increased by 59%, net assets experienced a significant drop of 87%, falling to just £480. Bank borrowings have also risen considerably, and cash reserves have decreased. Creditors have increased as well, suggesting a need for better cash flow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, which is common for small companies exempt from an audit.

It appears Golf Gear Raffles Ltd is in a startup phase, burning through cash while building its online platform and attracting users. Whether it can sustain this growth and achieve profitability remains to be seen, but its focus on a niche market and engaging format could provide a competitive edge.

Registered in England/Wales under the registration number 13396103, with a registered address at IP21 4AJ, United Kingdom, Stuston, Diss, Suffolk, Osiers Bury Road, Stuston, Diss.

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

Full overview report

Owners & PSC

  • Mcillwraith Eric William
  • 3 years
  • 75%+

Managers

  • Mcillwraith Eric
  • 3 years
Manager

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Total exemption full accounts made up to 2024-05-31
  2. Compulsory strike-off action has been discontinued
  3. Total exemption full accounts made up to 2023-05-31

FAQ about Golf Gear Raffles Ltd

Looking for leads in the UK?

Try our FREE App—access UK datasets with limited features!

Try for FREE Learn more

Similar companies

Attitude Bikes Ltd
  • Small
  • Active
  • 5 years
  • 1 employee
  • £7,229 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Solo founder
  • E-commerce
  • Rating 5.0 (28)
Ubx Global Ltd
  • Small
  • Holding
  • Active
  • 5 years
  • 3 employees
  • £260,410 (assets)
  • Virtual address
  • 3 directors
  • 1 owner
Swim Secure Ltd
  • Small
  • Active
  • 8 years
  • 5 employees
  • £187,099 (assets)
  • Real address
  • 4 directors
  • No owners
  • Regular importer
  • Regular exporter
  • E-commerce
Newmarket Sports And Leisurewear Ltd
  • Micro
  • Active
  • 48 years
  • 2 employees
  • £162,327 (assets)
  • Real address
  • 3 directors
  • 1 owner
  • E-commerce
  • Rating 5.0 (24)