Back to search

Padelspeed Ltd

15528608

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CARDIFF CITY HOUSE OF SPORT, CARDIFF, CF11 8AW
Incorporated 28/02/2024

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 13/08/2025

Due 27/08/2026

On track

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Dr Joel Matthew Baldwin

director · Since 28/02/2024

DIRECTOR

BRITISH · WALES · Age 40

Mrs Katie Elizabeth Baldwin

director · Since 28/10/2024

TEACHER

BRITISH · WALES · Age 38

Persons with Significant Control

Dr Joel Matthew Baldwin

25–50% shares
25–50% votes

British · Wales · Age 40

Cardiff City House Of Sport, Clos Parc Morgannwg, Cardiff, CF11 8AW

Notified 28/02/2024

Mrs Katie Elizabeth Baldwin

25–50% shares
25–50% votes

British · Wales · Age 38

20, The Garth, Caerphilly, CF83 4ES

Notified 01/04/2025

CompanyRankvs 5761+ SIC 47640 peers
33

Financial strength15th percentile among SIC peers · 4/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Eagle Road Services Limited
90
2Darthaven Marina Limited
90
3Silvermere Golf Store Limited
90
4Homestead Caravan Centre Limited
90
5Rollersnakes Limited
90
6Concept 2 Limited
90
7Maver (Uk) Limited
90
8Running Imp Limited
90
9Cycles U.K. Limited
90
10Overspan Limited
90
5761Padelspeed Ltd
29
How is this score calculated?
Financial strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

-£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£816

Working capital

Current Assets

£15k

Current Liabilities

£16k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£1k
Signed by Dr Joel Baldwin 13/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.95

Derived from filed accounts. Not audited figures.