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Schwer Fittings Limited

02885060

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 20, HOWLEY, WA1 2HT
Incorporated 06/01/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Bernd Schwer

director · Since 03/05/1994

MANAGING DIRECTOR

GERMAN · GERMANY · Age 73

Also on 1 other board

Jane Railton-Cooper

director · Since 01/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Marco Schwer

director · Since 02/01/2018

COMPANY MANAGMENT

GERMAN · GERMANY · Age 42

Persons with Significant Control

Mr Bernd Schwer

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

German · Germany · Age 73

Unit 20, Howley, WA1 2HT

Notified 06/04/2016

Mr Marco Schwer

Significant control

German · Germany · Age 42

Unit 20, Howley, WA1 2HT

Notified 02/01/2018

Former PSCs

Mr Wolfgang Moellers

Ceased 31/12/2017

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/10/2014Registered 23/10/2014

CompanyRankvs 16+ SIC 24200 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.52× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

£3.4M

Balance sheet strength

Cash

£520k

Cash in the bank

Net Current Assets

£3.4M

Working capital

Current Assets

£3.9M

Current Liabilities

£522k

Debtors

£761k

14avg. employees-2

Tax at Year End

Corp tax£35k

Balance Sheet

Assets less current liabilities£3.4M
Signed by Ms J Railton Cooper 04/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.52+£333k
20238.13+£147k
20225.06-£270k
20216.76

Derived from filed accounts. Not audited figures.