How much does Golf Principles Ltd make?

Golf Principles Ltd reported revenue of £2.3m and £40.4k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Golf Principles Ltd have?

Golf Principles Ltd reported an average of 12 employees in the year to 31 Dec 2024.

Is Golf Principles Ltd profitable?

Yes — Golf Principles Ltd reported a profit of £40.4k in the year to 31 Dec 2024.

Company No. 06124954 · Incorporated 23 Feb 2007

Golf Principles Ltd

Registered name: GOLF PRINCIPLES LTD

Golf Principles Ltd made £2.3m revenue and £40.4k profit in the year to 31 Dec 2024. read from filing text

Golf Principles Ltd’s revenue grew 11% to £2.3m in the year to 31 Dec 2024, with £40.4k profit and 12 employees. The company is classified under “non-specialised wholesale trade” and is based in Basingstoke; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Basingstoke, South East
Age: 19 yrs · since 2007
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: “Club Champion Buyco Limited is the immediate parent company with a registered office address of Unit 7 Vickers Business Centre, Priestley Road, Basingstoke, Hampshire RG24 9NP.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverage

Revenue

£2.3m

Growth ▲10.8%

Profit

£40.4k

Growth ▲470.4%

Profit margin

1.7%

Gross 37.9%

Employees

Change 0%

Profit / employee

£3.4k

Revenue/employee £194k

Profitable streak

3yrs

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£2m	£2.1m	£2.3m
Cost of sales	£1.2m	£1.4m	£1.4m
Gross profit	£847k	£722k	£883k
Operating profit	£239k	£11.3k	£53.1k
Profit before tax	£246k	£11.2k	£53.1k
Profit after tax	£201k	£7.1k	£40.4k
Profit (best available)	£201k	£7.1k	£40.4k
Employees (average)	12	12	12
Ratios
Profit margin	10%	0.3%	1.7%
Gross margin	42.2%	34.4%	37.9%
Revenue per employee	£167k	£175k	£194k
Profit per employee	£16.7k	£590	£3.4k
Growth (year on year)
Revenue growth	—	—	▲10.8%
Profit growth	—	—	▲470.4%
Headcount growth	—	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£283k	£290k	£172k
Net assets	£378k	£385k	£426k
Fixed assets	£58.7k	£67.8k	£145k
Current assets	£521k	£632k	£601k
Debtors	£2k	£9.9k	£9.3k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 37.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £194k; Revenue ÷ average employees.
Profit per employee: £3.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.4%; 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: ▲10%; Now £426k
Cash at bank: ▼41%; Now £172k
Headcount: 0%; Now 12
Deferred income: —; Now —
Fixed assets: ▲114%; Now £145k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £40.4k), from the Companies House accounts bulk data published Mar 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.