Swiscot Textiles Limited
00901983
Some Concerns
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/05/2026
Due 15/05/2027
Industry
Officers
director · Since 05/06/2024
CHIEF FINANCIAL OFFICER
AMERICAN · UNITED STATES · Age 57
Former
director · Resigned 27/11/2020
director · Resigned 05/06/2024
director · Resigned 05/06/2024
secretary · Resigned 05/06/2024
director · Resigned 05/06/2024
director · Resigned 05/06/2024
director · Resigned 16/10/2024
director · Resigned 04/03/2025
director · Resigned 26/06/2025
director · Resigned 01/07/2026
Persons with Significant Control
Vision Linens Global Limited
Darwen House, Walker Road, Blackburn, BB1 2QE
Reg: 11649368 · Companies House · Private Limited Company
Notified 05/06/2024
Former PSCs
Mr Chandravadan Shah
Ceased 02/12/2017
Mr Vikas Shah
Ceased 05/06/2024
Charges1 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")
Change History
Active
Private Limited Company
SWISCOT HOUSE UNIT 5
SALFORD
M50 1DL
CompanyRankvs 514+ SIC 46410 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£3.1M
Balance sheet strength
Cash
£301k
Cash in the bank
Profit Before Tax
-£195k
Bottom line earnings
Net Current Assets
£1.9M
Working capital
Current Assets
£5.3M
Current Liabilities
£3.4M
Fixed Assets
£1.6M
Debtors
£3.4M
Cost of Sales
£7.7M
Admin Expenses
£1.7M
Profit After Tax
-£162k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.57 | -£162k |
| 2023 | 1.51 | — |
Derived from filed accounts. Not audited figures.