{"id":688000,"date":"2026-07-12T18:02:10","date_gmt":"2026-07-12T18:02:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/688000\/"},"modified":"2026-07-12T18:02:10","modified_gmt":"2026-07-12T18:02:10","slug":"loch-lomond-golf-club-reports-higher-losses-in-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/688000\/","title":{"rendered":"Loch Lomond Golf Club reports higher losses in 2025"},"content":{"rendered":"<p>\n  Member-owned <a href=\"https:\/\/www.heraldscotland.com\/news\/25679754.culture-well-par-employees-loch-lomond-golf-club\/?ref=ed_direct\" target=\"_blank\" rel=\"nofollow noopener\">Loch Lomond Golf Club<\/a> grew its revenue and cash position in 2025 but again failed to make a profit as it continued to rely on heavy support from its ultimate parent company.\n<\/p>\n<p>\n  Turnover jumped 11% to \u00a314.6 million in 2025, according to <a href=\"https:\/\/find-and-update.company-information.service.gov.uk\/company\/SC370195\/filing-history?ref=ed_direct\" target=\"_blank\" rel=\"nofollow noopener\">latest accounts filed at Companies House<\/a>. Directors said the club benefitted from strong member use, higher annual dues and price rises across its accommodation, retail and golf operations.\n<\/p>\n<p>\n  Earnings inched 2% higher to \u00a31.5m as wage inflation, higher national insurance and soaring utilities soaked up most of the top\u2011line gain. The club still posted a \u00a32.8m loss after tax, wider than the \u00a32.4m deficit in 2024, with \u00a34.4m of depreciation and goodwill charges.\n<\/p>\n<p>\n  <img   width=\"100%\" alt=\"Business of Golf logo\"\/> (Image: Damian Shields)\n<\/p>\n<p>\n  Cash at bank surged 31% to \u00a34m as capital spending eased back following completion of big\u2011ticket projects such as the caddie shack and Spikes Bar. Member numbers edged up, with 628 members before resignations (623 in 2024), 24 new joiners and 19 redemptions, with demand still described as \u201cstrong\u201d.\n<\/p>\n<p>\n  The club finished the year in both net liability and net current liability. Directors led by chairman Sir Nigel Rudd \u2013 who has held that position since the members&#8217; buy-out from previous owners in 2011 \u2013 signed off the accounts on a going\u2011concern basis because the ultimate parent, Loch Lomond Members <a href=\"https:\/\/www.heraldscotland.com\/sport\/golf\/?ref=au\" target=\"_blank\" rel=\"nofollow noopener\">Golf<\/a> Club Limited, has promised to keep backing the business for a further least a year.\n<\/p>\n<p>\n  In 2025 the parent company waived \u00a316.7m owed by the club, effectively recapitalising the business.\n<\/p>\n<p>\n  The accounts spell out that Loch Lomond Golf Club Limited is the main trading arm of a group where buying shares in the Cayman\u2011linked parent unlocks membership rights, with incoming member investment needed to redeem exiting members\u2019 stakes. On a monthly basis, the club employed an average of 141 people throughout the year.\n<\/p>\n<p>  St Andrews makes way as Scotland&#8217;s top golf property market<\/p>\n<p>\n  <img   width=\"100%\" alt=\"Archerfield\"\/>Archerfield has become one of Scotland&#8217;s most active luxury golf property markets (Image: Will Scott)\n<\/p>\n<p>\n  The Home of Golf&#8217;s kerb appeal among upmarket property buyers has slipped relative to the area around this week&#8217;s <a href=\"https:\/\/www.heraldscotland.com\/sport\/26261130.language-genesis-scottish-open-world-class\/?ref=ed_direct\" target=\"_blank\" rel=\"nofollow noopener\">Genesis Scottish Open<\/a>, according to a new analysis of home sales in both regions.\n<\/p>\n<p>\n  The research by data consultancy HomeBench on behalf of buying agency Fyndd shows there were more transactions valued at \u00a3500,000 or more in <a href=\"https:\/\/www.eastlothiancourier.com\/?ref=au\" target=\"_blank\" rel=\"nofollow noopener\">East Lothian<\/a>&#8216;s golfing hotspots of Gullane, Archerfield and <a href=\"https:\/\/www.eastlothiancourier.com\/local-news\/north-berwick-news\/?ref=au\" target=\"_blank\" rel=\"nofollow noopener\">North Berwick<\/a> than in the mecca around St Andrews in 2025. That trend has continued into the current year.\n<\/p>\n<p>\n  <a href=\"https:\/\/www.heraldscotland.com\/news\/26263421.st-andrews-makes-way-scotlands-top-golf-property-market\/?ref=ed_direct\" target=\"_blank\" rel=\"nofollow noopener\">Read the full story here.<\/a>\n<\/p>\n<p>  Life beyond the bucket lists: &#8216;Scottish golf is everywhere&#8217;<\/p>\n<p>\n  <img   width=\"100%\" alt=\"The 12th green at Kings Golf Club, a championship course designed by Stuart Rennie\"\/>The 12th green at Kings Golf Club, a championship course designed by Stuart Rennie (Image: Supplied)\n<\/p>\n<p>\n  Kings Golf Club in <a href=\"https:\/\/www.heraldscotland.com\/local-news\/inverness-news\/?ref=au\" target=\"_blank\" rel=\"nofollow noopener\">Inverness<\/a> is one of the newest additions to the Highland golf landscape, but its roots run deep.\n<\/p>\n<p>\n  The club emerged from the demise of the former Torvean Golf Club, established in 1962, after <a href=\"https:\/\/www.heraldscotland.com\/topics\/highland-council\/?ref=au\" target=\"_blank\" rel=\"nofollow noopener\">Highland Council<\/a> acquired the original layout to make way for a new bridge over the Caledonian Canal. A new course, clubhouse and full driving range for its members was built on neighbouring land.\n<\/p>\n<p>\n  Graham Ramsay joined as club manager in 2019, about a month before the move into the new building, and has helped steer Kings through the turbulence of Covid, rapid membership growth and the challenge of carving out its place in the region.\n<\/p>\n<p>\n  <a href=\"https:\/\/www.heraldscotland.com\/news\/26259350.life-beyond-bucket-lists-scottish-golf-everywhere\/?ref=ed_direct\" target=\"_blank\" rel=\"nofollow noopener\">Read the full story from Around the Greens here.<\/a>\n<\/p>\n<p>\n  <a href=\"https:\/\/www.heraldscotland.com\/my\/account\/profile\/?newsletter=3401&amp;ref=ed_direct#emails\" target=\"_blank\" rel=\"nofollow noopener\">Click here to sign up for The Herald&#8217;s Business of Golf newsletter, out every Sunday.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Member-owned Loch Lomond Golf Club grew its revenue and cash position in 2025 but again failed to make&hellip;\n","protected":false},"author":2,"featured_media":688001,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5904,101,56,54,55],"class_list":["post-688000","post","type-post","status-publish","format-standard","has-post-thumbnail","category-golf","tag-golf","tag-sports","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/688000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=688000"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/688000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/688001"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=688000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=688000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=688000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}