Padel Shift Ltd

Padel Shift Ltd, based in Market Harborough, UK, is a small, active company founded three years ago. With a single employee and £735,562 in assets, it operates from a real address and is led by one director and owner. The company is an irregular importer of glass and glassware, with just one month of imports recorded in 2023.

Padel Shift’s website focuses on promoting and facilitating the game of padel tennis across the UK. It offers court booking services, sells junior padel equipment, hosts events, and provides news and updates through a journal. The site emphasizes building a community and becoming part of the “Padel Shift family,” suggesting a focus on experience and engagement rather than just retail sales. It's clear the company is aiming to build a brand around the sport, with a loyalty program and a focus on community building.

Financially, Padel Shift Ltd shows a mixed picture. Cash reserves have seen a dramatic increase, jumping 4,900% to £670,000. However, net losses have widened, and creditors have increased by 17% to £370,000. The number of employees has doubled to two, and trade debtors have also risen significantly by 130%. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the increase in creditors and losses suggests it’s burning through cash faster. The company’s current assets have increased by a staggering 1,900% to £740,000. The lack of an auditor mentioned is likely due to the company being exempt as a small company, so the financial statements are unaudited.

Overall, Padel Shift Ltd appears to be growing rapidly, but it's also facing financial pressures. The company's success hinges on its ability to build a sustainable business model around the growing popularity of padel tennis, while carefully managing its expenses.

Registered in England/Wales under the registration number 13555707, with a registered address at LE16 8YA, United Kingdom, Market Harborough, Leicestershire, Littlefield Farm, East Carlton.

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