There is a real mixed bag of company performance in the UK Golf Courses & Clubs industry at the moment. New research from market analysts Plimsoll indicates that with 490 companies in trouble, 225 others powering ahead and a further 361 set to be taken over, the market has never been more fragmented.
David Pattison, author of the new Plimsoll Analysis – Golf Courses & Clubs explains: “Having rated 490 struggling companies as Danger and given 225 others a Strong rating, I am surprised at the gulf in performance in the market. Despite all other factors, success still comes down to how well a company is run.”
When pressed on what the consequences of this polarisation in the market will be, Pattison’s response is emphatic, “Acquisitions. The market, in the current economic climate cannot support this many companies. There has to be further, more radical consolidation in the market. Strong companies will be buying up distressed competitors in the next 12 months”.
Plimsoll analysed the top 988 companies in the market and the following is a regional breakdown of how many have been rated as Strong, Danger and/or exposed to takeover by region, in the new Plimsoll Analysis:
The new Plimsoll Industry Analysis – Golf Courses & Clubs gives an instant performance rating on 988 companies and highlights those ripe for acquisition. Each company is assessed using the Plimsoll Model – a graphical and written analysis that lays bare the facts and gives you instant opinion.
Readers of Golf Business News.com are entitled to a £50 discount of this new special edition of the Plimsoll Industry Analysis – Golf Courses & Clubs. Call 01642 626400 for further details and quote reference PR/LI31.
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Plimsoll Publishing Ltd www.plimsoll.co.uk