Swiftline Engineering Limited
04190648
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/03/2026
Due 13/04/2027
Industry
Officers
Former
secretary · Resigned 29/05/2018
Persons with Significant Control
Swiftline Group Limited
28-30, Theobalds Road, London, WC1X 8NX
Reg: 09886193 · Companies House · Limited By Shares
Notified 06/04/2016
Charges0 outstanding
LLOYDS TSB BANK PLC
CITY & COUNTRY PROPERTIES LIMITED
Change History
Active
Private Limited Company
28-30 THEOBALDS ROAD
LONDON
CompanyRankvs 364+ SIC 25620 peers73
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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
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 director with respect to g
Key FinancialsYear ending 31/12/2024
Net Worth
£8.1M
Balance sheet strength
Cash
£8.7M
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£7.7M
Working capital
Current Assets
£17.3M
Current Liabilities
£9.7M
Fixed Assets
£451k
Debtors
£7.4M
Cost of Sales
£58.6M
Admin Expenses
£1.3M
Profit After Tax
£2.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.79 | +£1.9M |
| 2023 | 2.15 | +£894k |
| 2022 | 2.15 | +£1.4M |
| 2021 | 1.62 | — |
Derived from filed accounts. Not audited figures.