AFFORDABLE GOLF LTD.
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-11-11 (in 6mo)
Last made up 2025-10-28
Watchouts
None on the register
Cash
£2M
+71.7% highest in 3 filed years
Net assets
£5M
+23.9% highest in 3 filed years
Employees
53
-1.9% vs 2023
Profit before tax
£1M
+58.2% highest in 3 filed years
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-10-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £5,768,966 | — | — | — | £19,510,186 | £22,394,092 | |
| Operating profit | — | £254,939 | — | — | — | £794,575 | £1,215,907 | |
| Profit before tax | — | £249,870 | — | — | — | £786,419 | £1,244,049 | |
| Net profit | — | £199,121 | — | — | — | £606,013 | £930,905 | |
| Cash | — | £19,383 | — | — | — | £943,988 | £1,621,149 | |
| Total assets less current liabilities | — | £368,737 | — | — | — | £3,961,439 | £4,885,701 | |
| Net assets | — | £328,065 | — | — | — | £3,897,200 | £4,828,105 | |
| Equity | £132,944 | £328,065 | £1,060,176 | £2,756,220 | £3,354,877 | £3,897,200 | £4,828,105 | |
| Average employees | — | 31 | — | — | — | 54 | 53 | |
| Wages | — | — | — | — | — | £1,430,945 | £1,517,218 | |
| Directors' remuneration | — | — | — | — | — | — | — |
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 2024-10-31 vs 2023-10-31
-
Turnover
+14.8%
£19,510,186 £22,394,092
highest in 3 filed years
-
Cash
+71.7%
£943,988 £1,621,149
highest in 3 filed years
-
Net assets
+23.9%
£3,897,200 £4,828,105
highest in 3 filed years
-
Employees
-1.9%
54 53
-
Operating profit
+53%
£794,575 £1,215,907
highest in 3 filed years
-
Profit before tax
+58.2%
£786,419 £1,244,049
highest in 3 filed years
-
Wages
+6%
£1,430,945 £1,517,218
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 | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 4.4% | — | — | — | 4.1% | 5.4% | |
| Net margin | — | 3.5% | — | — | — | 3.1% | 4.2% | |
| Return on capital employed | — | 69.1% | — | — | — | 20.1% | 24.9% | |
| Current ratio | — | — | — | — | — | 2.48x | 2.43x | |
| Interest cover | — | 50.29x | — | — | — | 49.86x | — |
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)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Significant events
- “The Company made significant investment in systems this year. This investment has reinforced and improved stock control and the ability to monitor and implement different strategies for both buying and selling, improving both internal controls, stock mix and importantly customer experience both online and in store.”
- “The Company has invested in additional warehouse space due to growth along with the development of both the second-hand and clearance stores, giving additional revenue channels as well as driving footfall into stores.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR, Lindsay | Secretary | 2021-02-22 | — | — |
| BEVERIDGE, Scott | Director | 2021-02-22 | Jan 1981 | Scottish |
| CAMPBELL, Gordon Millar | Director | 2021-02-22 | Apr 1984 | British |
| TAYLOR, Mark James | Director | 2008-10-28 | Oct 1973 | British |
| WEBSTER, Nigel Duncan Colin | Director | 2018-08-31 | Feb 1963 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PETER TRAINER COMPANY SECRETARIES LTD. | Corporate Secretary | 2008-10-28 | 2008-10-28 |
| TRAINER, Peter | Nominee Director | 2008-10-28 | 2008-10-28 |
| PETER TRAINER COMPANY SECRETARIES LTD. | Corporate Director | 2008-10-28 | 2008-10-28 |
| PETER TRAINER CORPORATE SERVICES LTD. | Corporate Director | 2008-10-28 | 2008-10-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mark James Taylor | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 57 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-04-09 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-30 | AA | accounts | Accounts with accounts type full | |
| 2024-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-09 | AA | accounts | Accounts with accounts type full | |
| 2023-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-31 | AA | accounts | Accounts with accounts type full | |
| 2022-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-26 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-12-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-04-20 | SH10 | capital | Capital variation of rights attached to shares | |
| 2021-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-04-09 | MA | incorporation | Memorandum articles | |
| 2021-04-08 | SH08 | capital | Capital name of class of shares | |
| 2020-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-10 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-10-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-07-19 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.