Golfclubs4cash Ltd

Golfclubs4cash Ltd, based in Loanhead, UK, is a holding company with an active status, celebrating ten years since its founding in 2014. The company employs 82 people and holds assets valued at £3,898,286. It operates from a real address and is overseen by four directors and two owners. The business runs an e-commerce site and boasts a stellar 5.0 Google rating based on 540 reviews. It regularly imports and exports toys, games, and sports equipment, with 9 months of import activity and 29 months of export activity recorded.

The company’s core business involves the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. Its website, infogolfclubs4cash.co.uk, showcases a vast selection of golf clubs, fairways, hybrids, irons, wedges, and putters, alongside a range of accessories and equipment. The site also features a comprehensive list of top brands, including TaylorMade, Ping, Callaway, and Titleist, and offers a digital club fitter to help customers find the perfect gear. The website also has a large selection of used golf clubs for sale.

Financially, Golfclubs4cash Ltd shows some concerning trends. Accrued liabilities and deferred income decreased by 27%, while accumulated depreciation and impairment increased significantly, particularly in computer equipment. Despite this, the company’s comprehensive income expense rose by a substantial 110%, indicating increased sales or improved operational efficiency. Bank borrowings were eliminated entirely, a positive sign, but cash and cash equivalents fell by 27%. Staff costs increased by 33%, reflecting the company’s workforce size. The company’s auditors are The A9 Partnership Limited.

While the company’s turnover is not explicitly stated, the number of employees and asset value suggest a mid-sized operation. The decrease in cash reserves and increase in depreciation could indicate investments in new equipment or expansion efforts. The company’s strong Google rating and e-commerce presence suggest a loyal customer base, but the financial pressures warrant close monitoring.

Registered in Scotland under the registration number SC490678, with a registered address at EH20 9LZ, Loanhead, Midlothian, Unit 43 Imex Business Centre Dryden Road, Bilston Glen.

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