Business & Technology
Trips cancelled as UK travel firm closes with £41k debts
The Padel Travel Club Limited, which operated from a Henley address, organised padel‑themed breaks and training camps in the UK and overseas.
The business was incorporated in February 2023 and has since been removed from the Companies House register following a voluntary strike‑off, with the final notice of dissolution published in late May 2026.
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Unaudited accounts filed for the year to December 31, 2024, show the Oxfordshire‑registered firm had £5,919 in current assets.
This includes £2,035 owed by customers and other debtors and £3,884 in cash at bank and in hand.
Against this, the balance sheet records £40,583 in creditors due within one year, leaving net current liabilities of £34,664 and a total shareholders’ deficit of £33,769.
The figures indicate the company closed with short‑term debts of just over £40,000 and insufficient assets to repay its creditors in full, although the accounts do not provide a final liquidation statement.
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For the year covered, the directors confirmed the accounts were prepared under the small‑companies regime.
The company was entitled to an exemption from audit, so the figures have not been independently audited.
With the firm now dissolved, customers with outstanding bookings or claims are expected to seek redress through card providers, travel insurance or any applicable industry protection schemes, rather than directly from the company itself.