Improve My Golf Limited

Improve My Golf Limited is a small, active company based in Manchester, UK, founded three years ago in May 2021. With £220,788 in assets and a real registered address, it employs twelve people and is managed by five directors – though no owners are officially listed. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with its last import activity occurring two months ago in August 2022.

The business operates a driving range and golf academy, offering state-of-the-art facilities including 34 undercover bays, floodlights, and a VIP bay with Trackman 4 technology. It also provides tailored lessons led by Senior PGA Golf Professional Chris Fletcher, catering to golfers of all skill levels. The company’s website highlights its commitment to providing a welcoming environment for practicing, playing, and enhancing golfing skills.

Financially, Improve My Golf Limited presents a mixed picture. Cash bank on hand has seen a significant increase, jumping 130% to £220,000, a positive sign. However, accumulated amortisation and depreciation have also risen considerably, with net goodwill increasing by 50% and total depreciation up 110%. The number of employees has decreased by 42%, dropping to seven – a notable shift. Creditors have decreased slightly, but trade debtors have plummeted by 95%, suggesting potential issues with customer payments. 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 decrease in equity—down 7.8%—raises questions about long-term sustainability. No auditor is mentioned, indicating exemption as a small company, and the accounts are unaudited.

Overall, Improve My Golf Limited appears to be navigating a period of change. While cash reserves are healthy, the decline in employees and the decrease in equity suggest potential challenges ahead. The company’s focus on providing high-quality lessons and facilities, however, positions it well to attract and retain customers—but it will need to address its financial pressures to ensure its long-term success.

Registered in England/Wales under the registration number 13422331, with a registered address at M24 4TH, England, Manchester, Bowlee Park Driving Range Heywood Old Road, Middleton.

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