GOLF PRINCIPLES LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-27 (in 10mo)
Last made up 2026-03-13
Watchouts
Cash
£172K
-40.7% lowest in 4 filed years
Net assets
£426K
+10.5% highest in 4 filed years
Employees
12
0% vs 2023
Profit before tax
£53K
+372.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £1,482,089 | — | £2,100,183 | £2,328,038 | |
| Operating profit | — | — | £255,990 | — | £11,260 | £53,089 | |
| Profit before tax | — | — | £251,581 | £245,694 | £11,228 | £53,089 | |
| Net profit | — | — | £203,780 | £200,954 | £7,077 | £40,370 | |
| Cash | — | — | £439,706 | £283,112 | £290,346 | £172,058 | |
| Total assets less current liabilities | — | — | £259,675 | £397,812 | £404,500 | £452,825 | |
| Net assets | — | — | £177,368 | £378,322 | £385,399 | £425,769 | |
| Equity | £34,442 | £43,588 | £177,368 | £378,322 | £385,399 | £425,769 | |
| Average employees | — | — | 14 | 12 | 12 | 12 | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | £13,534 | £82,705 | £100,000 | £100,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+10.8%
£2,100,183 £2,328,038
highest in 3 filed years
-
Cash
-40.7%
£290,346 £172,058
lowest in 4 filed years
-
Net assets
+10.5%
£385,399 £425,769
highest in 4 filed years
-
Employees
0%
12 12
-
Operating profit
+371.5%
£11,260 £53,089
-
Profit before tax
+372.8%
£11,228 £53,089
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 17.3% | — | 0.5% | 2.3% | |
| Net margin | — | — | 13.7% | — | 0.3% | 1.7% | |
| Return on capital employed | — | — | 98.6% | — | 2.8% | 11.7% | |
| Current ratio | — | — | — | — | 2.14x | 2.05x | |
| Interest cover | — | — | 58.06x | — | 351.88x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Azets Audit Services
- Audit opinion
- Qualified
- Going concern
- Affirmed
“The directors are of the opinion that the company is a going concern and has prepared financial statements on this basis. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MACNIVEN, Jason | Secretary | 2022-02-07 | — | — |
| MACNIVEN, Jason Charles | Director | 2022-04-01 | Mar 1971 | British |
| REEPMEYER, Jon | Director | 2024-09-17 | Sep 1978 | American |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACNIVEN, Linda | Secretary | 2007-02-23 | 2026-02-18 |
| DUPORT SECRETARY LIMITED | Corporate Nominee Secretary | 2007-02-23 | 2007-02-23 |
| LEVY, Adam | Director | 2022-02-07 | 2024-09-17 |
| MACNIVEN, Jason Charles | Director | 2007-02-23 | 2022-02-07 |
| DUPORT DIRECTOR LIMITED | Corporate Nominee Director | 2007-02-23 | 2007-02-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Club Champion Buyco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-02-07 | Ceased 2022-02-07 |
| Lauren Beth Leichtman | Individual | significant-influence-or-control-as-trust | 2022-02-07 | Active |
| Arthur Edward Levine | Individual | significant-influence-or-control-as-trust | 2022-02-07 | Active |
| Mr Jason Charles Macniven | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-02-07 |
| Mrs Linda Macniven | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2022-02-07 |
Filing timeline
Last 20 of 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-10 | AA | accounts | Accounts with accounts type full | |
| 2026-02-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | AA | accounts | Accounts with accounts type full | |
| 2024-03-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-21 | AA | accounts | Accounts with accounts type full | |
| 2023-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-23 | AA01 | accounts | Change account reference date company current extended | |
| 2022-07-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-07-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-02-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-02-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.