Rocket Padel Bristol Ltd

Rocket Padel Bristol Ltd, based in London, UK, is a small holding company with an active status. Founded four years ago in October 2020, it employs eight people and holds £510,957 in assets. The company operates from a virtual address, registered with 356 other companies, and is managed by two directors and one owner. It boasts a stellar 5.0 Google rating based on 143 reviews and regularly imports iron or steel products, with the last import operation occurring in November 2024.

The company’s website highlights Rocket Padel’s network of padel clubs across the UK and Denmark, offering court bookings and showcasing partnerships with brands like EA7 Emporio Armani. It’s clearly focused on growing its club network, with announcements of new locations in Battersea, Ilford, Bristol, Croydon, and Beckton, and even a partnership with a sports facility. The website also features a newsletter signup and a blog, indicating a focus on community engagement and brand building. It seems like they’re primarily a booking platform, with no obvious e-commerce functionality for selling equipment.

Financially, Rocket Padel Bristol Ltd presents a mixed picture. While current assets increased by 25% to £510,000, net assets plunged 23% to -£960,000. Bank borrowings are not mentioned, but creditors increased slightly to £3.2 million. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the substantial equity decline suggests it’s burning through cash. Employee numbers increased by 38%, which is a positive sign, but also likely contributes to increased operating expenses. No auditor is mentioned, which is common for small, exempt companies.

In short, Rocket Padel Bristol Ltd is a growing business with a strong brand and a clear focus on expanding its padel club network. However, the negative equity and reliance on creditors suggest it’s facing financial challenges and may need to carefully manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 12925238, with a registered address at W1T 4RN, United Kingdom, London, 1st Floor Arthur Stanley House, 40-50 Tottenham Street.

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