Golf Travel Group, a leading provider of luxury golf travel experiences, is proud to announce its inclusion in The Sunday Times 100 2023, Britain’s fastest-growing private companies. The business recorded sales growth of 66.95% in the 3 years to 2022, helping take revenues to £12.3 million and securing 66th position on the distinguished list, a testament to its remarkable growth and success in recent years.
The 2023 Sunday Times 100 celebrates Britain’s true entrepreneurs and is delivered in partnership with Barclays Private Bank and DHL Express. The Sunday Times’ Research partner Beauhurst assesses companies against the following criteria:
- Companies must have sales exceeding £5 million in their latest year of trading.
- A minimum of four years of accounts is required to show consistent growth. Sales growth is measured by the compound annual growth rate over the latest three financial years.
- To qualify, companies should have a minimum of five staff members.
- Annualised sales should exceed £250,000 in the base year, and companies should not show a drop in sales from the penultimate to the latest year.
- Companies should be operating in profit in their latest year.
The full list for 2023 can be viewed here.
Golf Travel Group has achieved remarkable milestones, doubling its turnover for three consecutive years leading up to and including 2019. This impressive growth has been continued with the company’s strategic initiatives, including the acquisition of the assets of Chaka Travel in 2020. This acquisition marked a significant milestone for Golf Travel Group as it expanded its presence in the luxury golf travel market, broadening its reach and enhancing its offerings.
In addition to the acquisition, Golf Travel Group has consistently focused on improving its product and service offerings to meet the evolving needs and desires of its customers. Alongside improving its management team with key strategic hires.
“We are thrilled to be recognised in The Sunday Times 100, Britain’s fastest-growing private companies as one of the leading growth organisations in the UK.” said Patrick McCaghy, Founder and Managing Director of Golf Travel Group. “This achievement is a testament to the dedication and hard work of our team, the pandemic followed by a period of rapid growth has been a rollercoaster but a fun ride. We thank our supplier partners in the UK and overseas continued trust and support. As we continue to grow and expand, our commitment to improving the client experience through introducing technology alongside new golfing experiences is our key focus”.
As Golf Travel Group looks to the future, it remains committed to driving growth, investing in technology, building key strategic partnerships and maintaining outstanding customer service through its portfolio of brands.
The group will be launching its newest brand GolfTours.com in 2023. This will introduce Group Escorted Tours and Tuition Breaks and be the catalyst for International expansion.
