Paddle.com Market Limited

Paddle.com Market Limited, a holding company based in London, UK, has been active for twelve years. Employing 216 people, the company holds assets valued at £152,831,735 and operates from a real address in Judd House, Mora Street. It's managed by six directors, though no owners are officially listed. Paddle.com functions as an irregular importer and exporter, dealing primarily in machinery, boilers, and mechanical appliances, parts, with recent activity recorded in August 2023 for imports and June 2022 for exports. The company’s website highlights its role in operating an e-commerce platform.

Paddle.com’s business model centers around facilitating payments for software companies, offering a platform that handles subscriptions and recurring billing. While the exact details of its operations are not fully transparent, the company’s website suggests a focus on providing a secure and reliable payment infrastructure for digital products. It's a retail sale via mail order houses or via internet industries.

Financially, Paddle.com shows a mixed picture. Current assets have decreased by 21%, falling to £150 million, while net assets have plummeted 30%, landing at £100 million. Bank borrowings have increased by 1,200%, reaching £20 million, and cash reserves have fallen 40% to £30 million. Creditors have decreased by 10%, suggesting better debt management. The company's significant assets and employee count suggest a robust operation, but the decline in cash and increase in borrowings raise concerns about liquidity. The lack of an auditor mentioned likely stems from the company’s size, meaning the figures are unaudited.

The trend of decreasing cash reserves and increasing debt could indicate that Paddle.com is investing heavily in growth, or it could signal financial strain. The company’s reliance on a single business model—facilitating payments for software companies—could make it vulnerable to changes in the technology sector. Despite these challenges, Paddle.com’s large employee count and substantial assets suggest that it remains a significant player in the digital payments landscape.

Registered in England/Wales under the registration number 08172165, with a registered address at EC1V 8BT, England, London, Judd House, 18-29 Mora Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.