Switchsure Finance Limited
05149688
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/06/2004
ELECTRICAL RETAILER
BRITISH · ENGLAND · Age 56
Also on 15 other boards
director · Since 24/11/2007
ENGINEER
BRITISH · ENGLAND · Age 60
Also on 15 other boards
director · Since 03/01/2023
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 11 other boards
Persons with Significant Control
Scci Group Limited
The Pavilion, Grange Drive, Southampton, SO30 2AF
Reg: 06089974 · England And Wales · Limited Company
Notified 06/04/2016
Charges1 outstanding
GLAS TRUST CORPORATION LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 2010+ SIC 47429 peers67
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£2.2M
Balance sheet strength
Cash
£68
Cash in the bank
Net Current Assets
£2.9M
Working capital
Current Assets
£3.7M
Current Liabilities
£800k
Debtors
£3.7M
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.57 | +£0 |
| 2025 | 4.57 | +£259k |
| 2024 | 3.96 | +£467k |
| 2023 | 3.05 | +£389k |
| 2022 | 2.58 | +£340k |
| 2021 | 2.65 | — |
Derived from filed accounts. Not audited figures.