Swift Electrical Wholesalers (S-O-T) Limited
02401639
Details
Compliance
Last accounts
31/12/2022
full
Next accounts due
30/09/2024
Confirmation statement
Last: 27/02/2024
Due 13/03/2025
Industry
Officers
director · Since 27/03/2019
DIRECTOR
BRITISH · ENGLAND
Also on 2 other boards
director · Since 18/10/2023
DIRECTOR
BRITISH · UNITED KINGDOM
Also on 5 other boards
Persons with Significant Control
Honer Holdings Limited
Reg: 11836429 · Companies House (England And Wales) · Private Limited Company
Notified 27/03/2019
Former PSCs
Mr James Andrew Swift
Ceased 27/03/2019
Mr Charles Jones
Ceased 27/03/2019
Charges1 outstanding
PRAETURA COMMERCIAL FINANCE LIMITED
Insolvency History1 case
Timothy Bateson (practitioner) · Howard Smith (practitioner)
CompanyRankvs 15+ SIC 46439 peers6
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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
Insolvency history: -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 31/12/2022
Net Worth
-£1.4M
Balance sheet strength
Cash
£91k
Cash in the bank
Profit Before Tax
-£1.1M
Bottom line earnings
Net Current Assets
-£1.4M
Working capital
Current Assets
£4.0M
Current Liabilities
£5.5M
Fixed Assets
£107k
Debtors
£2.4M
Cost of Sales
£12.8M
Admin Expenses
£2.3M
Profit After Tax
-£1.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 0.74 |
Derived from filed accounts. Not audited figures.