Padel Tech Limited

Padel Tech Limited, based in Edinburgh, UK, is a small, active company founded nine years ago. With seven employees and £400,603 in assets, it operates from a real address and is led by a single director and owner, Ross Paul Macdonald. The company is a regular importer of iron or steel products, with 33 months of import activity recorded, the last in December 2024.

Padel Tech’s core business revolves around the design, supply, and installation of padel courts and canopies across the UK and internationally. Its website highlights a comprehensive range of services, from site surveys and planning permission assistance to court construction and maintenance. They are the UK’s exclusive distributor for AFP Courts, adidas, and several canopy manufacturers, offering bespoke solutions for various venues. The company also boasts 150 court installations, serving both national and international clients.

Financially, Padel Tech Limited presents a mixed picture. Current assets have significantly decreased by 64%, falling to £400,000, while net assets have also dropped considerably, reaching £43,000. Cash reserves have plummeted 90%, leaving only £11,000, and bank borrowings have increased. Despite these challenges, creditors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity decline warrants attention. No auditor is mentioned, and the financial statements are unaudited.

Overall, Padel Tech Limited appears to be navigating a period of financial pressure, despite a strong market position and established reputation in the padel court industry. The company’s future success will likely depend on its ability to stabilize its financial performance and maintain its competitive edge in a growing market.

Registered in Scotland under the registration number SC525243, with a registered address at EH9 1RZ, Scotland, Edinburgh, 26c Mayfield Terrace.

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