How much does The Home of Golf Limited make?

The Home of Golf Limited reported revenue of £18.2m and £3.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does The Home of Golf Limited have?

The Home of Golf Limited reported an average of 439 employees in the year to 31 Dec 2025.

Is The Home of Golf Limited profitable?

Yes — The Home of Golf Limited reported a profit of £3.2m in the year to 31 Dec 2025.

Company No. SC198094 · Incorporated 14 Jul 1999

The Home of Golf Limited

Registered name: THE HOME OF GOLF LIMITED

Part of St Andrews Links Trust group

The Home of Golf Limited made £18.2m revenue and £3.2m profit in the year to 31 Dec 2025. read from filing text

The Home of Golf Limited’s revenue grew 31% to £18.2m in the year to 31 Dec 2025, with £3.2m profit and 439 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in Fife; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised stores

Status: Active
Location: Fife, Scotland
Age: 27 yrs · since 1999
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: “The company regards itself as wholly owned by St Andrews Links Trust, a charitable trust registered in Scotland, Charity No SC006161.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£18.2m

Growth ▲31.4%

Profit

£3.2m

Growth ▼31.9%

Profit margin

17.7%

Gross 61.9%

Employees

439

Change ▲698.2%

Profit / employee

£7.4k

Revenue/employee £41.5k

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£12.4m	£13.9m	£18.2m
Cost of sales	—	£5.1m	£5.9m	£7m
Gross profit	—	£7.2m	£7.9m	£11.3m
Operating profit	—	—	—	£3.2m
Profit before tax	—	£4.2m	£4.7m	£3.2m
Profit after tax	£3.1m	£4.2m	£4.7m	£3.2m
Profit (best available)	£3.1m	£4.2m	£4.7m	£3.2m
Staff costs	—	£1.8m	£1.9m	£10.3m
Employees (average)	46	55	55	439
Ratios
Profit margin	—	34.2%	34.2%	17.7%
Gross margin	—	58.5%	57.2%	61.9%
Revenue per employee	—	£225k	£252k	£41.5k
Profit per employee	£67.8k	£76.9k	£86.2k	£7.4k
Cash conversion	—	—	—	−269.6%
Growth (year on year)
Revenue growth	—	—	▲12.1%	▲31.4%
Profit growth	—	▲35.6%	▲12.1%	▼31.9%
Headcount growth	—	▲19.6%	0%	▲698.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£141k	£267k	£24.9k	£3.8m
Net assets	£4.4m	£5.8m	£6.2m	£4.8m
Fixed assets	£36.1k	£21.6k	£89.7k	£181k
Current assets	£5.5m	£7m	£7.5m	£7.7m
Debtors	£101k	£44.6k	£15.9k	£187k
Deferred income	—	£458k	£488k	£522k
Cash from operations	—	−£3m	−£4.1m	−£8.6m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 17.7%; Profit ÷ revenue.
Gross margin: 61.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £41.5k; Revenue ÷ average employees.
Profit per employee: £7.4k; Profit ÷ average employees.
Cash conversion: −269.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1%; 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: ▼23%; Now £4.8m
Cash at bank: ▲15320%; Now £3.8m
Headcount: ▲698%; Now 439
Deferred income: ▲7%; Now £522k
Fixed assets: ▲102%; Now £181k

Corporate ownership

Group structure

Ownership chain

St Andrews Links Trust (registered outside the UK register)ultimate parent75–100%
The Home of Golf Limitedthis company

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

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.2m), from the Companies House accounts bulk data published Sep 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.