How much does Formby Hall Golf Club Limited make?

Formby Hall Golf Club Limited reported revenue of £7.7m and a loss of £1.7m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Formby Hall Golf Club Limited have?

Formby Hall Golf Club Limited reported an average of 201 employees in the year to 31 Dec 2023.

Is Formby Hall Golf Club Limited profitable?

No — Formby Hall Golf Club Limited reported a loss of £1.7m in the year to 31 Dec 2023.

Company No. 02930961 · Incorporated 19 May 1994

Formby Hall Golf Club Limited

Registered name: FORMBY HALL GOLF CLUB LIMITED

Part of Harland Poston Invest Limited group

Formby Hall Golf Club Limited made £7.7m revenue and a £1.7m loss in the year to 31 Dec 2023.

Formby Hall Golf Club Limited’s revenue grew 2% to £7.7m in the year to 31 Dec 2023, with a loss of £1.7m and 201 employees. The company is classified under “hotels and similar accommodation” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation SIC 93120Activities of sport clubs

Status: Active
Location: London, London
Age: 32 yrs · since 1994
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.

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£7.7m

Growth ▲1.7%

Profit

−£1.7m

Growth —

Profit margin

−22.5%

Gross 42.7%

Employees

201

Change ▲3.6%

Profit / employee

−£8.6k

Revenue/employee £38.2k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.6m	£7.7m
Cost of sales	£4.6m	£4.4m
Gross profit	£3m	£3.3m
Operating profit	−£587k	−£141k
Profit before tax	−£1.2m	−£1.1m
Profit after tax	−£995k	−£1.7m
Profit (best available)	−£995k	−£1.7m
Staff costs	£3.4m	£3.3m
Employees (average)	194	201
Ratios
Profit margin	−13.2%	−22.5%
Gross margin	39.6%	42.7%
Revenue per employee	£38.9k	£38.2k
Profit per employee	−£5.1k	−£8.6k
Growth (year on year)
Revenue growth	—	▲1.7%
Headcount growth	—	▲3.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£641k	£411k
Net assets	£6.1m	£2.1m
Fixed assets	£22.5m	£18.4m
Current assets	£1.2m	£1.1m
Debtors	£77.6k	£73.2k
Deferred income	£975k	£832k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −22.5%; Profit ÷ revenue.
Gross margin: 42.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £38.2k; Revenue ÷ average employees.
Profit per employee: −£8.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 239%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.9%; 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: ▼65%; Now £2.1m
Cash at bank: ▼36%; Now £411k
Headcount: ▲4%; Now 201
Deferred income: ▼15%; Now £832k
Fixed assets: ▼19%; Now £18.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Harland Poston Invest Limitedultimate parent75–100%
Formby Invest Limited75–100%
Formby Hall Golf Club Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£1.7m), from the Companies House accounts bulk data published Oct 2024. 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.