Golf Gear Raffles Ltd

  • Active
  • Small
  • 5 years
  • 1 employee
  • £22,646 (cur assets)
  • 0-1m
  • Real address
  • 1 director
  • 1 owner
  • Solo founder
  • Stuston, Diss

Field of Operation

Retail Online & mailorder
217578 active companies
Retail Outdoor & Sporting Goods Stores
10536 active companies

Social media

Summary

Golf Gear Raffles Ltd, based in Stuston, Diss, UK, is a small, active company founded three years ago. It's a solo venture employing just one person and holding £8,649 in assets. The company is led by a single director and owner, Mcillwraith Eric William.

The business operates an online platform focused on golf raffles, offering players the chance to win prizes through skill-based questions. The website, Golf Gear Raffles, emphasizes fun and engagement, encouraging users to suggest new raffles and participate in live draws. Prizes range from irons and woods to rangefinders, with entry prices starting at just 79p. The site also features a "wishlist" section and promotes affiliate programs. It's clear the company is targeting golf enthusiasts looking for a chance to win valuable prizes.

Financially, Golf Gear Raffles Ltd presents a mixed picture. While current assets increased by 59%, net assets experienced a significant drop of 87%, falling to just £480. Bank borrowings have also risen considerably, and cash reserves have decreased. Creditors have increased as well, suggesting a need for better cash flow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, which is common for small companies exempt from an audit.

It appears Golf Gear Raffles Ltd is in a startup phase, burning through cash while building its online platform and attracting users. Whether it can sustain this growth and achieve profitability remains to be seen, but its focus on a niche market and engaging format could provide a competitive edge.

The company operates in Retail → Online & mailorder; Retail → Other: vending machines, door-to-door, etc; Retail → Outdoor & Sporting Goods Stores.

Registered in England/Wales under the registration number 13396103, with a registered address at IP21 4AJ, United Kingdom, Stuston, Diss, Suffolk, Osiers Bury Road, Stuston, Diss.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Owners & PSC

  • 5 years
  • 1
  • 75%+

Managers

  • 5 years
Manager

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Total exemption full accounts made up to 2025-05-31
  2. Compulsory strike-off action has been discontinued
  3. Confirmation statement made on 2026-05-13 with no updates

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