Bookkeeping, management accounts and benchmarking for UK padel venues
Padel Accountants is the first UK accountancy practice built for padel operators and nothing else. Every venue gets unlimited bookkeeping, management accounts split by court hire, coaching and F&B, and statutory filing. Monthly close is within six working days on Grow and above, quarterly on Launch. Investor-backed groups also get consolidation across site companies, board reporting to the sponsor's template and covenant compliance.
Fixed monthly fee from £750. No lock-in.
Three services, one fee
Modular. Take all three, or one. Nothing billed by the hour. Bolt-ons priced separately on pricing.
Court hire, coaching and F&B arrive in your accounts already split out. Where a platform offers a direct feed we use it; where it does not, we build the routine that gets the data across and reconciled. Either way it happens the same way every month, and not by someone on your team exporting a spreadsheet.
Unlimited bookkeeping and month-end close
Volume is never a variable. Six thousand transactions a month costs the same as six hundred. Closed monthly on Grow and above, quarterly on Launch.
Management accounts and KPI pack
The pack a board or a lender actually reads, built on the five KPIs that decide whether a venue works.
Compliance and filing
Prepared from the monthly accounts, so year end is a review rather than a rebuild.
Against a generalist accountant, or an in-house finance hire
Four weeks from signature to your first pack
Charged once, at one month's fee. You can start mid-year and mid-quarter; we pick up from your last closed month and bring your books and management accounts up to date from there.
One kick-off call to agree ways of working: your day-to-day contact, what we need from you, and the dates each month's numbers reach you. We take read-only access to your accounts, booking platform and card terminals, put HMRC agent authority in place, and handle professional clearance with your current accountant.
Your chart of accounts restructured so every pound sits in the right stream, with booking platform data mapped through to those revenue lines and the five KPIs coming out of your accounts rather than a spreadsheet. Coach contracts and the VAT position on advance bookings reviewed at the same time, and flagged if either needs changing.
The current period brought up to date and reconciled, so month one is clean rather than inherited. Your court and clubhouse lease is reviewed at the same time, so the treatment is right from the start. Any historic clean-up is flagged with a plan, and we build the reporting schedule: your management pack and board dates alongside VAT, payroll and filing.
First management pack, first KPI set, first position against the peer median (coming soon), with written commentary on what the numbers say. We walk you through the pack so you can read it without us, then it repeats every month to the same dates.
If there is a sponsor, a lender or a holdco above you
Included in the Group tier. Available on Grow where a single site sits under a holdco or carries acquisition debt.
Group consolidation
Where each venue is its own company, the sites are added together into one set of group numbers under FRS 102. Money owed between companies is cancelled out and management charges are posted the same way every month.
Investor and board reporting
The pack built to your investor's template rather than ours, on their calendar. Site-level P&L, consolidated group view, KPI roll-up and management commentary.
Covenant compliance, if applicable
The tests in your loan agreement, leverage, interest cover and any build-specific covenants, calculated on the lender's own definitions and filed by their deadline rather than yours.
Audit readiness
We do not audit our own clients. We prepare the file, answer the auditor's queries and hold the liaison, so a first audit does not fall on your operations team.
Due diligence and data room
On the next raise or an exit, we can build the financial section of the data room and handle the DD information requests from the accounts we already maintain.
Cross-site benchmark
Your own sites ranked against each other on the five KPIs, and the group ranked against anonymised data from every venue we act for. Underperformance shows up as a site, not an average.
Common questions on scope
What is included in a monthly close for a padel venue?
Every bank, card and platform account reconciled, court hire, membership, coaching, F&B and retail posted to separate revenue codes, supplier invoices processed, payroll journals booked, accruals and prepayments run, and the VAT return prepared and filed. Delivered within six working days of month end on the Grow and Group tiers. Launch closes quarterly on the same scope.
Do you connect to Playtomic or MATCHi and Xero?
We work with both. Neither offers a native Xero connection, so during onboarding we design the process that gets your booking and payment data into Xero, split by revenue stream, and we run it each period. The work of getting the data across never falls to your team.
Do you replace our existing bookkeeper?
Usually yes. Bookkeeping is unlimited and included on every tier, so most venues stop paying for a separate bookkeeper when they move to us. If you have someone on site handling day-to-day admin, they stay and we take the bookkeeping.
How long does onboarding take?
About four weeks from signature to your first reporting pack, on the schedule above. Onboarding is charged once, at one month's fee.
How much does padel venue accounting cost?
From £750 per month for a pre-opening or early-stage single site, £1,500 for an established single site and £2,050 for multi-site groups. Annual prepayment carries a 10% discount on base fees. Full breakdown on the pricing page.
Do you file our year-end accounts and corporation tax return?
Yes. Statutory accounts and the corporation tax return are included on every tier, prepared from your monthly accounts rather than rebuilt at year end. If you would rather keep your existing statutory accountant, we can leave it out and reduce the fee accordingly.
We are pre-opening. Is it too early to engage?
It is the best time. Chart of accounts, VAT registration position, capital allowances on the court build and coach contracts are all cheaper to set up correctly than to unpick in year two.
Can you produce consolidated management accounts across multiple site companies?
Yes. Where each venue trades through its own company under a holdco, we close each site individually by day six and deliver the consolidation, with intercompany eliminated and management charges applied, by day eight. Included in the Group tier.
Can you report to our investor's or lender's template?
Yes, and to their deadline. We build the board pack in the investor's format rather than asking them to accept ours, and calculate covenants on the definitions in the facility agreement. Over a decade of experience reporting to VC- and PE-backed boards sits behind it.
Can you get us ready for a first audit?
Yes. We prepare the audit file, respond to the auditor's queries and hold the relationship through fieldwork. We do not audit our own clients, so the audit itself sits with a separate firm. We can introduce you to audit firms who know the sector if you need one.
Do you support financial due diligence on a raise or an exit?
Yes, and it moves quickly. Because your monthly accounts already tell the story, segmented by revenue stream and built around the right KPIs, most DD requests are extracts rather than new work. We build the financial section of the data room and answer the buyer's questions directly, and can build an investor-focused model alongside it.
Twenty minutes to work out what you need and what it costs
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