How much does Silvermere Golf Store Limited make?

Silvermere Golf Store Limited reported revenue of £13.7m and £1.9m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Silvermere Golf Store Limited have?

Silvermere Golf Store Limited reported an average of 57 employees in the year to 31 Oct 2025.

Is Silvermere Golf Store Limited profitable?

Yes — Silvermere Golf Store Limited reported a profit of £1.9m in the year to 31 Oct 2025.

Company No. 01536405 · Incorporated 29 Dec 1980

Silvermere Golf Store Limited

Registered name: SILVERMERE GOLF STORE LIMITED

Part of The Trustees Of The Thomas Albert Hilliard Discretionary Trust group

Silvermere Golf Store Limited made £13.7m revenue and £1.9m profit in the year to 31 Oct 2025.

Silvermere Golf Store Limited’s revenue grew 17% to £13.7m in the year to 31 Oct 2025, with £1.9m profit and 57 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in Ewell; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47640Retail sale of sports goods, fishing gear, camping goods, boats and bicycles SIC 47710Retail sale of clothing in specialised stores SIC 93110Operation of sports facilities

Status: Active
Location: Ewell, London
Age: 45 yrs · since 1980
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Golf Retail Group Limited”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£13.7m

Growth ▲17%

Profit

£1.9m

Growth ▲29.3%

Profit margin

13.7%

Gross 25.9%

Employees

Change ▼1.7%

Profit / employee

£32.7k

Revenue/employee £240k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.9m	£12.3m	£11.7m	£13.7m
Cost of sales	£9.6m	£9.2m	£8.9m	£10.1m
Gross profit	£3.3m	£3m	£2.8m	£3.5m
Operating profit	£1.9m	£1.7m	£1.5m	£2m
Profit before tax	£2.2m	£2m	£1.9m	£2.5m
Profit after tax	£1.8m	£1.6m	£1.4m	£1.9m
Profit (best available)	£1.8m	£1.6m	£1.4m	£1.9m
Staff costs	£2.4m	£2.3m	£2.2m	£2.6m
Employees (average)	64	62	58	57
Ratios
Profit margin	13.7%	13%	12.3%	13.7%
Gross margin	25.9%	24.7%	24.2%	25.9%
Revenue per employee	£202k	£198k	£202k	£240k
Profit per employee	£27.6k	£25.8k	£24.9k	£32.7k
Cash conversion	—	20.2%	9.3%	—
Growth (year on year)
Revenue growth	—	▼5.1%	▼4.8%	▲17%
Profit growth	—	▼9.6%	▼9.6%	▲29.3%
Headcount growth	—	▼3.1%	▼6.5%	▼1.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£568k	£640k	£736k	£994k
Net assets	£8.8m	£10.4m	£11.8m	£13.6m
Fixed assets	£105k	£119k	£97.6k	£115k
Current assets	£12.4m	£13.1m	£15.3m	£17.9m
Debtors	£25.9k	£45.9k	£39.4k	£18.7k
Cash from operations	—	£337k	£142k	—
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 13.7%; Profit ÷ revenue.
Gross margin: 25.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £240k; Revenue ÷ average employees.
Profit per employee: £32.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲16%; Now £13.6m
Cash at bank: ▲35%; Now £994k
Headcount: ▼2%; Now 57
Deferred income: —; Now —
Fixed assets: ▲18%; Now £115k

Corporate ownership

Group structure

Ownership chain

The Trustees Of The Thomas Albert Hilliard Discretionary Trust (registered outside the UK register)ultimate parent50–75%
Dwellcourt Limited75–100%
Golf Retail Group Limited75–100%
Silvermere Golf Store Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

South East Academy of Golf LimitedFigures not disclosed

Sister companies (4)

Doug McClelland Golf Stores LimitedFigures not disclosed
Euro Select Golf LimitedFigures not disclosed
Internet Golf Store LimitedFigures not disclosed
Left Handed Golf LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £1.9m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.