Northwind Golf Ltd

Northwind Golf Ltd is a small, active company based in Glasgow, UK. Founded ten years ago in 2014, it employs thirty-one people and holds £1,255,769 in assets. With a real address and three directors, including Ian McDermott, the company operates as an irregular importer of machinery, boilers, and mechanical appliances, with parts imported for two months. It's a family-run business, with Ian McDermott owning the company.

The company’s website, Northwinds Golf Course, showcases a beautifully scenic public golf course in Indian Lake, PA. It’s a traditional golf course operation, offering tee times, memberships, and packages. The website highlights the course’s location in the Laurel Highlands and emphasizes its family-operated nature. It’s clear the business focuses on providing a quality golfing experience.

Financially, Northwind Golf Ltd’s report paints a mixed picture. Current assets have decreased by 25%, dropping to £790,000, while net assets have plummeted 110%, resulting in a negative balance of -£37,000. Bank borrowings have decreased by 2.3%, settling at £1,600,000, and cash reserves have increased by 47%, reaching £140,000. Creditors have increased by 31%, reaching £470,000. The company meets the criteria for a small business, with turnover under £10.2 million and fewer than fifty employees. The significant drop in equity, however, suggests potential financial pressures, although the increase in cash reserves offers some reassurance. The report is unaudited, reflecting the company’s exemption as a small entity. It's likely the business is facing some challenges, but it’s also holding its own in a competitive market.

Registered in Scotland under the registration number SC480180, with a registered address at G3 7NG, Glasgow, 25 Stevenson & Kyles, 25 Sandyford Place.

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