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Company No. SC350505 · Incorporated 28 Oct 2008

Affordable Golf Ltd.

Registered name: AFFORDABLE GOLF LTD.

Affordable Golf Ltd. made £33.7m revenue and £2m profit in the year to 31 Oct 2025.

Affordable Golf Ltd.’s revenue grew 50% to £33.7m in the year to 31 Oct 2025, with £2m profit and 68 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 Glasgow; we hold 4 years of its filed accounts.

Status
Active
Location
Glasgow, Scotland
Age
17 yrs · since 2008
Type
Private Limited Company
Latest accounts · year to 31 Oct 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£33.7m
Growth ▲50.3%
Profit
£2m
Growth ▲119%
Profit margin
6.1%
Gross 35.1%
Employees
68
Change ▲28.3%
Profit / employee
£30k
Revenue/employee £495k
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 to31 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.2m£19.5m£22.4m£33.7m
Cost of sales£13.2m£13.2m£14.7m£21.9m
Gross profit£6m£6.4m£7.7m£11.8m
Operating profit£885k£795k£1.2m£2.7m
Profit before tax£864k£786k£1.2m£2.7m
Profit after tax£699k£606k£931k£2m
Profit (best available)£699k£606k£931k£2m
Staff costs£1.6m£1.6m£1.7m£2.3m
Employees (average)57545368
Ratios
Profit margin3.6%3.1%4.2%6.1%
Gross margin31.4%32.6%34.5%35.1%
Revenue per employee£338k£361k£423k£495k
Profit per employee£12.3k£11.2k£17.6k£30k
Cash conversion−73.8%−123.2%−69.7%53%
Growth (year on year)
Revenue growth—▲1.4%▲14.8%▲50.3%
Profit growth—▼13.3%▲53.6%▲119%
Headcount growth—▼5.3%▼1.8%▲28.3%
Balance sheet — indirect signals, not revenue
Cash at bank£592k£944k£1.6m£2.3m
Net assets£3.4m£3.9m£4.8m£6.8m
Fixed assets£347k£286k£275k£864k
Current assets£5.7m£6.2m£7.8m£11.4m
Debtors£17.7k£34.5k£5.5k£81.1k
Deferred income£200k£182k£189k£573k
Cash from operations−£654k−£979k−£847k£1.4m
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
6.1%
Profit ÷ revenue.
Gross margin
35.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£495k
Revenue ÷ average employees.
Profit per employee
£30k
Profit ÷ average employees.
Cash conversion
53%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.2%
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
▲41%
Now £6.8m
Cash at bank
▲42%
Now £2.3m
Headcount
▲28%
Now 68
Deferred income
▲202%
Now £573k
Fixed assets
▲214%
Now £864k

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

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Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £2m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.