Swift Resources Limited
04296249
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/05/2025
small
Next accounts due
28/02/2027
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
Former
corporate nominee director · Resigned 10/10/2001
corporate nominee secretary · Resigned 10/10/2001
director · Resigned 31/05/2007
director · Resigned 04/08/2008
director · Resigned 22/06/2010
director · Resigned 13/12/2010
director · Resigned 31/01/2018
director · Resigned 31/01/2018
Persons with Significant Control
Country House Weddings Limited
Regency House, 33 Wood Street, Barnet, EN5 4BE
Reg: 03614124 · England And Wales · Limited
Notified 30/06/2016
Charges6 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
Change History
Active
BARNET
Private Limited Company
REGENCY HOUSE
CompanyRankvs 1200+ SIC 55900 peers56
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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 going co
Key FinancialsYear ending 31/05/2025
Turnover
£2.7M
Annual revenue
Net Worth
£3.5M
Balance sheet strength
Cash
£20k
Cash in the bank
Profit Before Tax
£150k
Bottom line earnings
Net Current Assets
-£2.6M
Working capital
Current Assets
£3.7M
Current Liabilities
£6.3M
Fixed Assets
£6.3M
Debtors
£3.7M
Cost of Sales
£515k
Gross Profit
£2.2M
Admin Expenses
£2.0M
Operating Profit
£150k
Profit After Tax
£61k
Tax at Year End(2023)
People Costs(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.59 | +£0 |
| 2025 | 0.59 | +£61k |
| 2024 | 0.51 | +£1.7M |
| 2023 | 0.52 | +£205k |
| 2022 | 0.35 | +£248k |
| 2021 | 0.34 | -£383k |
| 2020 | 0.34 | — |
Derived from filed accounts. Not audited figures.