I assume this means, even things i make in my personal time would
belong to the company?
Not exactly. If you build a bookshelf, that remains your personal tangible property. It only addresses intellectual property rights, for example copyright and patents.
Interpreting the clause itself is challenging.
All works embodying Intellectual Property Rights made wholly or
partially by you at any time during the course of your employment
shall automatically, on creation, vest in the Company absolutely
There is a bit of horse-cart inversion here, in that IP rights follow from the embodiment (expression) of an intellectual process, and do not exist in advance of actually creating a thing. You could ask them what they mean by this, but you would want to do that in a fashion that is legally binding – ordinarily by clarifying the contractual language.
The other thing to notice is that the clause says "during the course of your employment", which is different from "in the course of your employment" – during the course is broader that in the course. Again, you can ask if they really mean "in the course", but what you really care about, I would guess, is what would be enforceable in court. For example, if you are hired to proofread manuscripts but have a hobby of writing computer code, you might think that the company has no right to whatever software you wrote while working for them. That's what the contract says, so then you would have to come up with a compelling argument that that is not what the words mean.
Your best hope, in that case, would be to argue that the plain language of the contract is so unreasonable that there never was an agreement in the first place; that's the kind of argument that needs case law support and structuring by a lawyer.