SILVERMERE GOLF STORE LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-10-28 (in 5mo)
Last made up 2025-10-14
Watchouts
None on the register
Cash
£736K
+15% vs 2023
Net assets
£12M
+13.5% highest in 3 filed years
Employees
58
-6.5% vs 2023
Profit before tax
£2M
-3.8% lowest in 3 filed years
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-10-31
| Metric | Trend | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|
| Turnover | £11,126,857 | — | £12,277,289 | £11,687,010 | |
| Operating profit | £1,885,143 | — | £1,669,449 | £1,533,832 | |
| Profit before tax | £2,015,691 | — | £1,964,039 | £1,888,480 | |
| Net profit | £1,642,001 | — | £1,597,443 | £1,443,552 | |
| Cash | £3,329,021 | — | £639,632 | £735,612 | |
| Total assets less current liabilities | £7,174,251 | — | £10,384,425 | £11,783,563 | |
| Net assets | £7,157,023 | — | £10,360,544 | £11,764,096 | |
| Equity | — | — | £10,360,544 | £11,764,096 | |
| Average employees | 56 | — | 62 | 58 | |
| Wages | £1,871,145 | — | £2,061,853 | £1,934,728 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|
| Operating margin | 16.9% | — | 13.6% | 13.1% | |
| Net margin | 14.8% | — | 13.0% | 12.4% | |
| Return on capital employed | 26.3% | — | 16.1% | 13.0% | |
| Current ratio | — | — | 4.60x | 4.23x | |
| Interest cover | — | — | — | 558.98x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Brebners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”
Group structure
- SILVERMERE GOLF STORE LIMITED · parent
- South East Academy of Golf Limited 100%
Significant events
- “In March 2025 a new shopping experience was added, Elevated at Silvermere, offering a premium retail experience with the most sought-after brands and products and the directors also hope to add additional shop concessions to the business in 2026 to further enhance the shopping experience for golfers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HILLIARD, Jeffrey Thomas | Director | — | Sep 1964 | British |
| SIMS, Terry Kirk | Director | 2013-08-01 | May 1971 | British |
| TURNBULL, Steven John | Director | 2021-08-01 | Jul 1976 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCLELLAND, Douglas William | Secretary | — | 2020-03-10 |
| BOWRY, James Michael | Director | 2017-11-01 | 2020-10-30 |
| HILLIARD, Thomas Albert | Director | — | 2018-03-17 |
| HOWSAM, David William Bernard | Director | 1994-08-02 | 2011-01-31 |
| MCCLELLAND, Douglas William | Director | — | 2020-03-10 |
| SPENCER, Howard Albert | Director | — | 1992-11-10 |
| TURNBULL, Steven John | Director | 2011-02-01 | 2017-10-31 |
| TYTHERLEIGH, Nicholas Charles | Director | — | 1993-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Golf Retail Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 116 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-19 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-02-19 | CONNOT | change-of-name | Change of name notice | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-24 | AA | accounts | Accounts with accounts type full | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-19 | AA | accounts | Accounts with accounts type full | |
| 2022-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-27 | AA | accounts | Accounts with accounts type full | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-06 | AA | accounts | Accounts with accounts type full | |
| 2021-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2020-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-02 | AA | accounts | Accounts with accounts type full | |
| 2020-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2020-04-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2019-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-08 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31
-
Turnover
-4.8%
£12,277,289 £11,687,010
-
Cash
+15%
£639,632 £735,612
-
Net assets
+13.5%
£10,360,544 £11,764,096
highest in 3 filed years
-
Employees
-6.5%
62 58
-
Operating profit
-8.1%
£1,669,449 £1,533,832
lowest in 3 filed years
-
Profit before tax
-3.8%
£1,964,039 £1,888,480
lowest in 3 filed years
-
Wages
-6.2%
£2,061,853 £1,934,728
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers