Company overview
Basic information
Company name
M Padel, VšĮ
Company code
306593101
Registered address
Mažeikiai, Tirkšlių g. 1, LT-89235
Registration date
2023-10-20
Company age: 2 y. 11 mo.
Contact information
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Phone
Email
Presented as an image – cannot be copied
Presented as an image – cannot be copied
Website
None
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Public Institution
NACE activity
Activities of sports clubs
Sector
Namų ūkiams paslaugas teikiančios ne pelno institucijos
Ownership form
Private without foreign capital
Beneficiary of support
Yes, since 2023-10-23
NVO
Non-governmental organization since 2025-04-03
Viešoji įstaiga "M Padel" club
Company code: 306593101
Address: Mažeikiai, Tirkšlių g. 1, LT-89235
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Description
This description was generated by artificial intelligence.
M Padel, VšI (company code 306593101) is an operational public institution registered on 20 October 2023. It is classified as a public entity within the sector of non-profit institutions providing services to households, with private ownership and governance described as CEO only. The company is registered in Mažeikiai, at Tirkšliu g. 1, LT-89235, Mažeikiu r. municipality, Telšiai County. Its core activity under EVRK code S.93.12.00 is Activities of sports clubs.
The company is classified as a micro-sized business. Financially, it generated EUR 17.3K in revenue in 2025, up 14.4% year on year, and reported net profit of EUR 1.6K, giving a profit margin of 9.4%. In 2024, revenue was EUR 15.1K and the company recorded a net loss of EUR 2.0K. The 2025 result therefore shows a return to profit after the previous year’s loss. Equity remained negative at EUR 278 at the end of 2025, while total assets were EUR 3.1K. Staff figures are tracked on a yearly average basis; the latest available staff information is for so far in 2026.
The company is classified as a micro-sized business. Financially, it generated EUR 17.3K in revenue in 2025, up 14.4% year on year, and reported net profit of EUR 1.6K, giving a profit margin of 9.4%. In 2024, revenue was EUR 15.1K and the company recorded a net loss of EUR 2.0K. The 2025 result therefore shows a return to profit after the previous year’s loss. Equity remained negative at EUR 278 at the end of 2025, while total assets were EUR 3.1K. Staff figures are tracked on a yearly average basis; the latest available staff information is for so far in 2026.