Back to search

Switch (London) Limited

02821384

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

Unit 3 18 Plumbers Row, London, E1 1EP
Incorporated 25/05/1993

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 23/09/2025

Due 07/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Yunus Patel

director · Since 11/03/2015

British · England · Age 59

Former

Suzanne Brewer

nominee secretary · Resigned 01/06/1993

Kevin Brewer

nominee director · Resigned 01/06/1993

Yunis Patel

secretary · Resigned 01/06/1999

Mustaq Ismail Patel

director · Resigned 02/06/1999

Sarfaraz Patel

director · Resigned 28/02/2005

Mohamed Salim Ibrahim

director · Resigned 09/04/2009

Yunus Patel

director · Resigned 18/03/2011

Salim Ibrahim Patel

secretary · Resigned 11/03/2015

Mohamed Ismail Hussein

director · Resigned 30/04/2025

Salim Ibrahim Patel

director · Resigned 30/04/2025

Persons with Significant Control

Pearl Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 3, 18 Plumbers Row, London, E1 1EP

Reg: 03696631 · Companies House · Limited By Shares

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HABIB BANK ZURICH PLC

Created 24/11/2022Registered 05/12/2022
Charge
outstanding

HABIB BANK ZURICH PLC

Created 30/11/2018Registered 05/12/2018
Charge
outstanding

HABIB BANK ZURICH PLC

Created 30/11/2018Registered 03/12/2018
Charge
outstanding

HABIB BANK AG ZURICH

Created 07/07/2015Registered 17/07/2015
Charge
outstanding

HABIB BANK AG ZURICH

Created 07/07/2015Registered 17/07/2015
charge
satisfied

HABIB ALLIED INTERNATIONAL BANK PLC

Created 30/08/2012Registered 10/09/2012Satisfied 18/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 04/07/2007Registered 05/07/2007Satisfied 19/01/2015
charge
satisfied

BARCLAYS BANK PLC

Created 29/05/2007Registered 06/06/2007Satisfied 19/01/2015
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/07/2002Registered 10/07/2002Satisfied 18/10/2018

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Unit 3 18 Plumbers Row
2026-06-05

UNIT 3

post townLondon
2026-06-05

LONDON

officer appointedPATEL, Yunus
2026-06-05

CompanyRankvs 62784+ SIC 68209 peers
50

Financial strength98th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 30/06/2025

Net Worth

£3.2M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£28k

Current Liabilities

£88k

Debtors

£7k

0avg. employees

Tax at Year End

Corp tax£18k

Balance Sheet

Assets less current liabilities£4.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.32+£0
20250.32+£260k
20240.71-£21k
20231.03-£28k
20222.21+£24k
20211.17

Derived from filed accounts. Not audited figures.