Golf Mad Dad Ltd

Golf Mad Dad Ltd from Sheffield UK: a small, family business founded five years ago, currently active, and operating an e-commerce site. The company has £2,241 in assets, a virtual address shared by many other businesses, and is managed by two directors and owners. It’s a small operation, meeting two of the three conditions to be considered small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees).

The company’s website showcases a range of golf-themed gifts and accessories, from bobble hats to driver head covers. It's clear they are targeting the "Golf Mad Dad" demographic with a playful brand identity and online store. They also have a YouTube channel with regular content, and are partnering with other brands. The site’s focus is clearly on retail sales via the internet.

Financially, Golf Mad Dad Ltd’s recent report shows some interesting trends. While cash bank on hand increased by a significant 370%, raw materials jumped considerably, suggesting an investment in inventory. However, net assets decreased by 30%, and accrued liabilities increased, which could indicate growing debts. Trade creditors also rose, meaning the company owes more to its suppliers. It's worth noting that the company’s equity is negative, meaning its liabilities exceed its assets. The company’s small size means it’s exempt from an audit, so the financial statements are unaudited. The company’s property plant equipment has decreased, which could be due to depreciation. It seems like the company is trying to grow, but it’s facing some financial challenges.

Registered in England/Wales under the registration number 12511425, with a registered address at S21 4HL, England, Sheffield, Unit 2, Rotherside Court Rotherside Road, Eckington.

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