Complex sentence: Laurelvale Cricket Club has a clubhouse on Mullavilly Road and are currently competing in the NCU League Section 2, having just missed out on promotion in the 2015 season by way of Net Run Rate.
Split into simpler sentences: Laurelvale Cricket Club has a clubhouse on Mullavilly Road and are currently competing in the NCU League Section 2. Having just missed out on promotion in the 2015 season be way of Net Run Rate.