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World Golf Systems Limited

03439400

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

FIRST FLOOR RADIUS HOUSE, WATFORD, WD17 1HP
Incorporated 25/09/1997

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

93120
Activities of sport clubs

Officers

Mr David Victor Jolliffe

director · Since 26/09/1997

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 6 other boards

Mr Steven Paul Jolliffe

director · Since 26/09/1997

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 10 other boards

Robert Lawrence Harding

director · Since 17/12/2012

CONSULTANT

AMERICAN · UNITED STATES · Age 73

Persons with Significant Control

Mr David Victor Jolliffe

25–50% votes

British · United Kingdom · Age 67

C/O Hillier Hopkins Llp, First Floor, Radius House, Watford, WD17 1HP

Notified 21/07/2025

Mr Steven Paul Jolliffe

25–50% shares
25–50% votes

British · United Kingdom · Age 67

C/O Hillier Hopkins Llp, First Floor, Radius House, Watford, WD17 1HP

Notified 21/07/2025

Charges2 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 21/11/2007Registered 30/11/2007
charge
outstanding

HSBC BANK PLC

Created 18/08/2000Registered 01/09/2000
charge
satisfied

HSBC BANK PLC

Created 14/08/2000Registered 25/08/2000Satisfied 30/11/2007

CompanyRankvs 90+ SIC 93120 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£887k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.8M

Current Liabilities

£523k

Fixed Assets

£1.5M

Debtors

£846k

Profit After Tax

£342k

3avg. employees

Tax at Year End

Corp tax£174k
Dividends paid-£1.8M

Director Loans(2021)

Directors owe company£52k

Balance Sheet

Intangible assets£1.5M
Bank loans & overdrafts£200k
Assets less current liabilities£2.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.42+£185k
20235.42-£135k
202110.48-£288k£447k
20202.86

Derived from filed accounts. Not audited figures.