Podpads Ltd

Podpads Ltd, based in Bath, UK, is a small, active company founded nineteen years ago in 2006. Employing thirteen people and holding £100,911 in assets, it operates from a virtual address – a point to note as 160 companies are registered at the same location. The company is run by three directors and three owners, and boasts a stellar 5.0 Google rating from ninety-six reviews. Podpads is a regular importer, specializing in textile products, sets, used clothing, and rags, with its last import operation recorded in November 2024.

The company’s website paints a picture of a luxury glamping brand, offering a unique accommodation experience for festivals and outdoor events. Podpads delivers glamping villages to around fifty events each year, providing a range of boutique camping options, from the signature Podpad to the expansive XL Bellepad. The website highlights the company’s commitment to creating colourful communities and providing a "home from home" experience, with upgraded facilities like toilets, showers, and phone charging outlets. It’s clear that Podpads is targeting a premium market, catering to festival-goers seeking comfort and style.

Financially, Podpads Ltd presents a mixed picture. While the company’s average number of employees jumped dramatically by 180%, to thirty-six, current assets have decreased significantly by 52%, falling to £100,000. Bank borrowings have also declined, dropping by 35%, to £99,000, which could indicate better debt management. However, net assets have plummeted by 27%, to £240,000, and trade debtors have fallen by 46%, suggesting potential issues with customer payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, which is typical for small companies.

Overall, Podpads Ltd seems to be navigating a period of change. While its glamping business appears to be thriving, the financial figures suggest a need for careful management to ensure long-term stability. It’s a company that’s clearly built on a unique concept and a strong brand, but its financial health will be key to its continued success.

Registered in England/Wales under the registration number 05817204, with a registered address at BA2 4BL, United Kingdom, Bath, 11 Laura Place.

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