Rocket Padel Ilford Ltd

Rocket Padel Ilford Ltd, based in London, UK, is a small holding company with an active status, established just one year ago. The company employs six people and holds £1,039,509 in assets, operating from a virtual address – a point of note as 356 other companies are registered at the same location. It’s managed by two directors and has one owner, and boasts a stellar 5.0 Google rating from 112 reviews. The company is an irregular importer, primarily dealing with iron or steel products, with the last import occurring in August 2024.

The company's website highlights Rocket Padel’s core business: providing padel tennis facilities. It operates clubs in Battersea, Ilford, Bristol, and Croydon, with more locations planned, including Beckton. The website is primarily a booking platform, allowing customers to reserve court time and showcasing partnerships with brands like EA7 Emporio Armani. It actively promotes new club openings and encourages community engagement through a newsletter and social media. The site’s focus is clearly on attracting and retaining customers for its padel clubs, rather than direct product sales.

Financially, Rocket Padel Ilford Ltd presents a mixed picture. While current assets remain steady at £1,000,000, net assets have declined to just £26,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have fallen to £190,000. Creditors also increased, reaching £3,600,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the drop in equity and increased borrowings suggest a need for careful financial management. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited. Despite this, the company's strong Google rating and expansion plans indicate a focus on growth, even if it’s currently burning through cash.

Registered in England/Wales under the registration number 14974967, 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.