Romanby Golf Course Limited

Romanby Golf Course Ltd from Northallerton UK: a small, active company founded 33 years ago, employs 20 people, and holds £471,695 in assets. It has a real address, is managed by two directors (with no reported owners), and boasts an impressive Google rating of 5.0 based on 389 reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago.

The business operates as a golf club, offering a range of services including tee bookings, green fees, group packages, and membership options. It also provides facilities for weddings, celebrations, and corporate events, with a lounge bar and even funeral catering available. The club's website highlights its 18-hole championship course set in over 200 acres of parkland, alongside its wedding venue and various social events like jazz nights. The site also features a pro shop, custom fit centre, and even a trackman range for golfers to improve their game.

Financially, Romanby Golf Course Ltd shows some concerning trends. Accumulated depreciation on property, plant, and equipment increased by 12%, while investments decreased by 10%. Bank borrowings rose by 5.4%, and cash reserves dropped by 13%. Creditors decreased by 8.9%, which is a positive sign. The company’s size—meeting two of three conditions to be considered small—allows for flexibility, but the decline in cash and increase in bank borrowings suggest it’s burning through money. The company’s accounts are unaudited, so the figures rely on internal reporting. It seems like the business is doing okay, but needs to watch its cash flow closely.

Registered in England/Wales under the registration number 02647934, with a registered address at DL7 0PE, Northallerton, North Yorkshire, Yafforth Road, Romanby.

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