PADDLE.COM MARKET LIMITED

Company number 08172165 ·

Active

Executive summary

Paddle.com Market Limited presents a mixed risk profile. The company benefits from a strong cash position (£67.7M), significant venture capital backing, and 17% revenue growth. However, losses are accelerating, net assets declined by £27M in a single year, and the Merchant of Record business model carries regulatory and liability exposures that are uncommon in typical software businesses. The company is not in immediate financial distress, but its trajectory requires monitoring—specifically whether growth translates into improving unit economics or continues to erode the substantial equity base built through prior funding rounds. Clarification of revenue recognition methodology and the reasons for 2022 figure restatements are priority due diligence items.

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Shareholders' funds

£189,620,054

Balance sheet as at 2023-12-31

View full accounts →

What it does

The principal activity of the company and group continued to be that of operating an e-commerce platform.

The company's own description, from its latest filed accounts.

Overview

Company type
Private Limited Company
Incorporated
2012-08-08
Employees
207 (2023 accounts · was 216 in 2022)
Registered office
30 Old Bailey, London, United Kingdom, EC4M 7AU
Postcode
EC4M 7AU
Capital
6 GBP
Accounts category
Group
Charges
0 outstanding

Accounts

Last made up to
2024-12-31
Next due by
2026-09-30
Financial year end
31 December

Confirmation statement

Last statement dated
2026-08-08
Next due by
2027-08-22
View filing history →

Nature of business (SIC)

  • 47910 Retail sale via mail order houses or via Internet

Officers 6 current · 11 resigned

Appointed 2023-08-11
Appointed 2022-04-28
James FITZGERALD Director
Appointed 2022-04-28
Appointed 2020-11-19
Appointed 2019-09-10

View all officers and resignations →

Group structure 1 subsidiary

From persons-with-significant-control filings on the public register.

Licensed visa sponsor

Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).

Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.

Data protection registration

Registered with the ICO as a data protection fee payer — ZA152280 (Tier 2), registered since 2015.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Contact details

Website
paddle.com

Increase revenue, reduce risk and reduce cost with Paddle, the payment solution powering global revenue for n8n, Letterboxd & AdGuard. One platform that handles billing, tax and compliance.

Among its peers

Top 1%

by shareholders' funds, of 3,653 similar companies in EC

The largest employer among its local peers (207 staff).

Among the oldest 25% of its local peers, trading since 2012.

No.1 of the largest retail sale via mail order houses or via internet companies in London →

343 companies are registered at this postcode →

Competitors London

This company ranks 1 among retail sale via mail order houses or via internet in London.

Full league table →

The class of 2012

21%

of the 4,880 companies in this sector incorporated in 2012 are still active today; 76% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 1 title

Leasehold
1
Most recent registration
2021-08-19
Where
Greater London
Title numberCounty Tenure RegisteredPrice paid
AGL549069 Greater London Leasehold 2021-08-19

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.