SILVERMERE GOLF STORE LIMITED
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Cash
£994k
+35.1% vs 2024
Net assets
£14m
+15.7% highest in 5 filed years
Employees
57
-1.7% vs 2024
Profit before tax
£2.5m
+30.8% highest in 5 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31
| Metric | Trend | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £11,126,857 | £12,931,266 | £12,277,289 | £11,687,010 | £13,672,364 | +17% | |
| Operating profit | £1,885,143 | £1,930,141 | £1,669,449 | £1,533,832 | £1,959,083 | +27.7% | |
| Profit before tax | £2,015,691 | £2,167,573 | £1,964,039 | £1,888,480 | £2,470,925 | +30.8% | |
| Net profit | £1,642,001 | £1,766,078 | £1,597,443 | £1,443,552 | £1,865,891 | +29.3% | |
| Cash | £3,329,021 | £567,584 | £639,632 | £735,612 | £994,013 | +35.1% | |
| Total assets less current liabilities | £7,174,251 | £8,857,755 | £10,384,425 | £11,783,563 | £13,634,571 | +15.7% | |
| Net assets | £7,157,023 | £8,843,101 | £10,360,544 | £11,764,096 | £13,609,987 | +15.7% | |
| Equity | — | — | £10,360,544 | £11,764,096 | £13,609,987 | +15.7% | |
| Average employees | 56 | 64 | 62 | 58 | 57 | -1.7% | |
| Wages | £1,871,145 | £2,076,529 | £2,061,853 | £1,934,728 | £2,202,916 | +13.9% | |
| Directors' remuneration | £376,284 | £494,184 | £399,860 | £340,058 | £465,686 | +36.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|---|---|
| Operating margin | 16.9% | 14.9% | 13.6% | 13.1% | 14.3% | |
| Net margin | 14.8% | 13.7% | 13.0% | 12.4% | 13.6% | |
| Return on capital employed | 26.3% | 21.8% | 16.1% | 13.0% | 14.4% | |
| Current ratio | — | — | 4.60x | 4.23x | 4.09x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation — the current trading name was adopted 2026-02-19
- SILVERMERE GOLF STORE LIMITED 2026-02-19 → present
- DOUG MCCLELLAND GOLF STORES LIMITED 1991-01-14 → 2026-02-19
- BULLDOG GOLF PRODUCTS LIMITED 1981-12-31 → 1991-01-14
- KEMPSTAND LIMITED 1980-12-29 → 1981-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Brebners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- SILVERMERE GOLF STORE LIMITED · parent
- South East Academy of Golf Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HILLIARD, Jeffrey Thomas | Director | — | Sep 1964 | British |
| SIMS, Terry Kirk | Director | 2013-08-01 | May 1971 | British |
| TURNBULL, Steven John | Director | 2021-08-01 | Jul 1976 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCLELLAND, Douglas William | Secretary | — | 2020-03-10 |
| BOWRY, James Michael | Director | 2017-11-01 | 2020-10-30 |
| HILLIARD, Thomas Albert | Director | — | 2018-03-17 |
| HOWSAM, David William Bernard | Director | 1994-08-02 | 2011-01-31 |
| MCCLELLAND, Douglas William | Director | — | 2020-03-10 |
| SPENCER, Howard Albert | Director | — | 1992-11-10 |
| TURNBULL, Steven John | Director | 2011-02-01 | 2017-10-31 |
| TYTHERLEIGH, Nicholas Charles | Director | — | 1993-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Golf Retail Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 117 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-19 CERTNM Certificate change of name company
- 2026-02-19 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-30 | AA | accounts | Accounts with accounts type full | |
| 2026-02-19 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-02-19 | CONNOT | change-of-name | Change of name notice | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-24 | AA | accounts | Accounts with accounts type full | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-19 | AA | accounts | Accounts with accounts type full | |
| 2022-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-27 | AA | accounts | Accounts with accounts type full | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-06 | AA | accounts | Accounts with accounts type full | |
| 2021-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2020-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-02 | AA | accounts | Accounts with accounts type full | |
| 2020-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2020-04-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2019-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.