Wishbone Golf Ltd

Wishbone Golf Ltd is a small, active company based in Weymouth, Dorset, UK, founded six years ago in December 2018. With two employees and £186,086 in assets, it operates from a real address and is overseen by two directors and one owner. The company runs an e-commerce site selling golf trolleys and accessories, and is an irregular importer of vehicles, parts, and accessories (not for trains or trams), with its last import activity recorded one month ago. The company manufactures sports goods.

The Wishbone Golf website showcases two main product lines: the manual Wishbone ONE three-wheel golf trolley and the electric Wishbone NEO cart. It emphasizes ultralight aircraft-grade aluminum construction, effortless folding, magnetic attachments, and sealed bearings, highlighting a focus on quality and ease of use. The site also accepts various payment methods, including American Express, Apple Pay, and PayPal, and offers free shipping on orders over a certain amount.

Financially, Wishbone Golf Ltd presents a mixed picture. While the company’s small size (meeting two of three conditions for a small company) allows for agility, its net assets have declined significantly, dropping 49% to £65,000. Cash reserves have also taken a hit, decreasing by 39% to £34,000. Trade debtors have decreased slightly, but creditors have increased by 23% to £160,000. Fixed assets have also decreased by 24% to £78,000. The company’s depreciation charges have remained stable. It’s worth noting that the company’s revenue recognition policy relies on the stage of completion of a contract. With no auditor mentioned, the figures are unaudited.

Overall, Wishbone Golf Ltd seems to be navigating a period of financial adjustment, with declining equity and cash reserves potentially indicating a need for careful management. The company’s focus on quality products and its e-commerce presence suggest a foundation for future growth, but its financial health will need to be closely monitored.

Registered in England/Wales under the registration number 11718301, with a registered address at DT4 7JW, England, Dorset, Unit B St Johns Court Williams Street, Weymouth.

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