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Swift Engineering Supplies (Humberside) Limited

02608585

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 2 NATIONAL INDUSTRIAL ESTATE, HULL, HU5 4HF
Incorporated 08/05/1991

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

John Stephen Sargeson

director · Since 01/01/1997

ENGINEER

BRITISH · ENGLAND · Age 72

John Robert Sargeson

secretary · Since 02/03/2007

MANAGER

BRITISH

Also on 1 other board

John Robert Sargeson

director · Since 31/03/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr John Stephen Sargeson

50–75% shares
50–75% votes

British · United Kingdom · Age 72

East Cottage, Eppleworth, Hull, HU16 5YJ

Notified 06/04/2016

Mr John Robert Sargeson

25–50% shares
25–50% votes

British · United Kingdom · Age 42

67 Millbeck Lane, Cottingham, Hull, HU16 4ET

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 16/03/2001Registered 17/03/2001
charge
outstanding

BARCLAYS BANK PLC

Created 04/03/1993Registered 10/03/1993
charge
outstanding

BARCLAYS BANK PLC

Created 17/02/1993Registered 26/02/1993

CompanyRankvs 2018+ SIC 25990 peers
60

Financial strength63th percentile among SIC peers · 16/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/12/2024

Net Worth

£120k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£120k

Current Liabilities

£81k

Fixed Assets

£81k

Debtors

£57k

11avg. employees

Balance Sheet

Assets less current liabilities£120k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49+£4k
20231.46-£96k
20222.16+£18k
20211.57-£10k
20201.87+£73k
20191.95+£3k
20181.75+£3k
20171.63

Derived from filed accounts. Not audited figures.