Letchford Swifts Limited
01678642
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/11/1991
DIRECTOR
ENGLISH · ENGLAND · Age 69
Also on 2 other boards
Persons with Significant Control
Mr Stephen Douglas Wall
English · England · Age 69
Unit 3, 83/93 Leamore Lane, Walsall, WS2 7BU
Notified 06/04/2016
Charges1 outstanding
LLOYDS BANK PLC
CompanyRankvs 2498+ SIC 25990 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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£26k
Working capital
Current Assets
£33k
Current Liabilities
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.93 | +£186 |
| 2024 | 4.45 | +£2k |
| 2023 | 3.71 | -£116 |
| 2022 | 2.94 | +£630 |
| 2021 | 3.26 | +£7k |
| 2020 | 3.04 | -£690 |
| 2019 | 3.08 | — |
Derived from filed accounts. Not audited figures.