Carbonpadel Ltd

Carbonpadel Ltd, based in Falkirk, UK, is a small, active company founded five years ago in December 2019. With a single employee and £31,126 in assets, it operates from a virtual address – a point to note as 222 companies share the same address. The company is led by a solo founder and director, Mcilwraith Paul. It regularly imports glass and glassware, with six months of import activity recorded, the last being in March 2024.

The company’s business activities span a diverse range, including other specialised construction activities, retail sales of sports goods, and participation in various sports-related industries. It's a bit of a mixed bag, really. The website is non-existent, so it’s hard to tell how much of the business is driven by online sales.

Financially, Carbonpadel Ltd’s picture is a little complicated. While bank borrowings have increased significantly – a whopping 180% jump to £14,000 – cash reserves have plummeted by 90%, leaving just £240. Current assets have also fallen by 40% to £31,000. However, creditors have decreased substantially, dropping 71% to £22,000, which could be a positive sign of improved debt management. Equity, however, has seen a dramatic turnaround, rising 140% to £9,400. The company meets two of the three criteria to be considered small – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is not surprising, given its small size.

It’s clear that Carbonpadel Ltd is facing some financial headwinds, with cash reserves dwindling and borrowing increasing. Whether this is a temporary blip or a more concerning trend remains to be seen. The company's diverse business interests and solo leadership structure could be both strengths and weaknesses as it navigates these challenges.

Registered in Scotland under the registration number SC649027, with a registered address at FK1 1HZ, Scotland, Falkirk, 2 Melville Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.