Mcdonnell Golf Ltd

Mcdonnell Golf Ltd from Brentwood UK is a small company with an active status, founded six years ago in 2018. The company holds £2,451 in assets and operates from a real address in Mountnessing. It’s led by two directors and owned by one individual, Matthew Emlyn James, who is also the solo founder. The business operates in the retail sale via mail order houses or via internet industries.

The company’s website, McDonnell Golf, is simple and user-friendly. A brief welcome message and a "Shop 2020" link are the main features, created using Wix.com. This suggests a small-scale, possibly home-based operation focused on online sales.

Financially, Mcdonnell Golf Ltd presents a mixed picture. Current assets have decreased by 21% to £2,500, and net assets have fallen by 32% to -£7,600. Cash reserves remain stable at £1, but bank borrowings have not been reported. Trade debtors are zero, and creditors have increased by 7.8% to £11,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity is concerning. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

It seems the company is burning through money, with losses deepening despite a stable cash position. The reliance on creditors to manage cash flow is also a red flag. While the website suggests a focus on online retail, the financial data suggests the business is struggling to generate sustainable profits. The lack of employees, combined with the solo founder model, implies a lean operation, but it also highlights the potential for management overload and limited growth potential.

Registered in England/Wales under the registration number 11529111, with a registered address at CM15 0FH, England, Brentwood, 59 Elm Gardens, Mountnessing.

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