How much does The Golf Shop Online Ltd make?

The Golf Shop Online Ltd reported revenue of £11m and £22.5k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does The Golf Shop Online Ltd have?

The Golf Shop Online Ltd reported an average of 20 employees in the year to 31 Dec 2025.

Is The Golf Shop Online Ltd profitable?

Yes — The Golf Shop Online Ltd reported a profit of £22.5k in the year to 31 Dec 2025.

Company No. 04192861 · Incorporated 3 Apr 2001

The Golf Shop Online Ltd

Registered name: THE GOLF SHOP ONLINE LTD

Part of Foremost Golf Limited group

The Golf Shop Online Ltd made £11m revenue and £22.5k profit in the year to 31 Dec 2025.

The Golf Shop Online Ltd’s revenue grew 18% to £11m in the year to 31 Dec 2025, with £22.5k profit and 20 employees. The company is classified under “other retail sale of new goods in specialised stores (not commercial art galleries and opticians)” and is based in Exeter; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47789Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Exeter, South West
Age: 25 yrs · since 2001
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 2025

Key figures

Revenue

£11m

Growth ▲17.6%

Profit

£22.5k

Growth —

Profit margin

0.2%

Gross 7.9%

Employees

Change ▲11.1%

Profit / employee

£1.1k

Revenue/employee £548k

Profitable streak

1yr

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.9m	£9.3m	£11m
Cost of sales	£8m	£8.5m	£10.1m
Gross profit	£844k	£848k	£864k
Operating profit	£31.5k	−£22.7k	£26.8k
Profit before tax	£35.7k	−£19.4k	£29.8k
Profit after tax	£28.4k	−£14.7k	£22.5k
Profit (best available)	£28.4k	−£14.7k	£22.5k
Employees (average)	17	18	20
Ratios
Profit margin	0.3%	−0.2%	0.2%
Gross margin	9.5%	9.1%	7.9%
Revenue per employee	£523k	£518k	£548k
Profit per employee	£1.7k	−£815	£1.1k
Growth (year on year)
Revenue growth	—	▲4.9%	▲17.6%
Profit growth	—	▼151.7%	—
Headcount growth	—	▲5.9%	▲11.1%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Apr 2025	Accounts · bulk data Apr 2025	Accounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 7.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £548k; Revenue ÷ average employees.
Profit per employee: £1.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲11%; Now 20
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Foremost Golf Limitedultimate parent75–100%
The Golf Shop Online Ltdthis company

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

Sister companies (3)

Alliance Golf LimitedFigures not disclosed
Foremost Cycling LtdFigures not disclosed
The Golfers Shop LtdFigures 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 accounts for the year to 31 Dec 2025 (profit £22.5k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

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