The partners in W & A Gilbey were originally drawn exclusively from the four families Gilbey, Gold, Blyth and Grinling who became extensively intermarried. In 1903 Henry Gold and a few wealthy friends laid out a 9 hole golf course in Stansted and many of the Gilbey clan played there before the Bishop's Stortford course opened. In fact the oldest club trophy the "Stansted Cup" had its origins there.

Sir Walter was already in ill health when the new course opened so his son Tresham was appointed to the management committee and the Earl of Warwick became the Club's first President. There were some 300 initial members with subscriptions of 5gns for men and 3gns for ladies.

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