THE LONDON GOLF CLUB DEVELOPMENTS LIMITED

• ⚠

  Material uncertainty over going concern

  We draw your attention to note 1.4 in the financial statements, which indicates the group has net current liabilities of £56,135 at 31 March 2025. In addition the ultimate beneficial owners of the company have committed to taking all actions within their power to ensure the provision of additional funding to the extent required to enable the company/group to meet its financial obligations as they fall due. However should this not be forthcoming, these conditions indicate the existence of a material uncertainty, which may cast doubt on the group's ability to continue as a going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +5.4%

  £7,256,450 → £7,651,193

• Cash

  -64.8%

  £1,046,191 → £368,116

• Net assets

  +20.6%

  £5,566,929 → £6,714,868

  highest in 6 filed years

• Employees

  +1.4%

  144 → 146

  highest in 6 filed years

• Operating profit

  +92.5%

  £941,809 → £1,813,136

• Profit before tax

  +288.6%

  £295,998 → £1,150,366

• Wages

  +12.6%

  £2,561,144 → £2,882,833

  highest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. THE LONDON GOLF CLUB DEVELOPMENTS LIMITED 1992-08-27 → present
2. THE LONDON GOLF CLUB LIMITED 1990-02-26 → 1992-08-27
3. CLOUDIMAGE LIMITED 1990-02-12 → 1990-02-26

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw your attention to note 1.4 in the financial statements, which indicates the group has net current liabilities of £56,135 at 31 March 2025. In addition the ultimate beneficial owners of the company have committed to taking all actions within their power to ensure the provision of additional funding to the extent required to enable the company/group to meet its financial obligations as they fall due. However should this not be forthcoming, these conditions indicate the existence of a material uncertainty, which may cast doubt on the group's ability to continue as a going concern.”

Group structure

1. THE LONDON GOLF CLUB DEVELOPMENTS LIMITED · parent
   1. The London Golf Club PLC 100% · England and Wales · operation of a golf club
   2. London Golf (European Tour) Limited · England and Wales · non-trading entity

Significant events

• “The club has conducted a review of its courses with recent excessively wet winters impacting the playing surfaces and player experience. Following that review the club has started a program of drainage improvements with works completed on the 16th and 18th holes of the heritage course in August 2024. Further works have been planned for the coming years on both courses.”
• “The London Golf Club has submitted an updated planning request for a substantial hotel, lodge accommodation and high-quality services and facilities in February 2025.”
• “The London Golf Club has been selected as a finalist host venue for the 2035 Ryder Cup.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.