The Padel Court Company Limited

The Padel Court Company Limited, based in Winchester, UK, is a small, active family business founded nine years ago. Employing just two people, the company holds £20,528 in assets and operates from a real address in Twyford. With two directors and two owners, it’s a tight-knit operation boasting a 1.0 Google rating from a single review. The company irregularly imports toys, games, and sports equipment, with the latest import occurring in October 1st, 2024.

The company’s website, UK Padel Courts, focuses on providing high-quality padel courts across the UK for both commercial and residential customers. They offer a range of customizable features and emphasize innovation, design, and customer service. The site also highlights their expertise and encourages potential clients to get in touch for more information. They act as a partner to Padelgest, and manufacture their own courts.

Financially, The Padel Court Company Limited shows a concerning trend. Current assets have plummeted by 70% to just £21,000, and net assets have fallen 15% to £47,000. Cash reserves have also seen a significant drop, decreasing 43% to £16,000. Debtors have been reduced by 89%, which could be a positive sign of improved collections, but creditors have also decreased by 79%, suggesting a reliance on short-term financing. Bank borrowings have increased, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, relying on unaudited statements.

The company’s financial data suggests it's burning through cash, despite its focus on quality and customer service. Whether this is a temporary setback or a longer-term challenge remains to be seen, but The Padel Court Company Limited will need to address its financial situation to ensure its continued success in the growing padel market.

Registered in England/Wales under the registration number 10099404, with a registered address at SO21 1RG, England, Twyford, Winchester, Hampshire, Brewery House Brewery House, High Street.

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