Switchshop Limited
03771032
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/11/2017
LAWYER
BRITISH · ENGLAND · Age 44
Also on 3 other boards
Persons with Significant Control
Switchshop Holdings Limited
Switchshop House, Enterprise Park, Kimpton, SG4 8HP
Reg: 11033907 · England · Private Limited Company
Notified 16/11/2017
Former PSCs
Mr Christopher David Jones
Ceased 16/11/2017
Mr Mark Clayton Thomas
Ceased 16/11/2017
Charges1 outstanding
HSBC BANK PLC
MARK CLAYTON THOMAS · CHRISTOPHER DAVID JONES
MARK CLAYTON THOMAS · CHRISTOPHER DAVID JONES
HSBC BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 8466+ SIC 62090 peers57
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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
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 31/05/2025
Net Worth
£5.9M
Balance sheet strength
Cash
£4.6M
Cash in the bank
Profit Before Tax
£611k
Bottom line earnings
Net Current Assets
£6.0M
Working capital
Current Assets
£12.0M
Current Liabilities
£6.0M
Fixed Assets
£549k
Debtors
£6.3M
Admin Expenses
£7.1M
Profit After Tax
£444k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.99 | +£0 |
| 2025 | 1.99 | -£1.5M |
| 2024 | 2.01 | +£2.1M |
| 2023 | 1.84 | +£854k |
| 2022 | 1.96 | +£1.1M |
| 2021 | 2.20 | +£1.1M |
| 2020 | 1.85 | +£669k |
| 2019 | 1.80 | — |
Derived from filed accounts. Not audited figures.