Welsh Amateur Swimming Association Limited
06043726
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/01/2007
DIRECTOR
BRITISH · UNITED KINGDOM · Age 82
Also on 10 other boards
director · Since 11/04/2016
CHIEF EXECUTIVE
BRITISH · WALES · Age 54
Also on 3 other boards
director · Since 16/11/2022
HEAD OF FINANCE & ADMINISTRATION
BRITISH · WALES · Age 44
director · Since 16/11/2022
CHIEF FINANCIAL OFFICER
WELSH · WALES · Age 53
Also on 4 other boards
secretary · Since 18/08/2025
Persons with Significant Control
Swim Wales Ltd
Wales National Pool, Sketty Lane, Swansea, SA2 8QG
Reg: 04692354 · England Wales · Limited Company
Notified 01/12/2020
Former PSCs
Swim Wales Ltd
Ceased 15/12/2020
CompanyRankvs 6829+ SIC 93199 peers46
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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
of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. 2.2. Going Concern Disclosure The company has adequate resources to continue in operational existence for the foreseeable future. As there are no uncertainties about its ability to continue as a going conc
Key FinancialsYear ending 31/03/2025
Net Worth
£263k
Balance sheet strength
Cash
£134
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£134
Current Liabilities
£4k
Fixed Assets
£430k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.03 | +£14k |
| 2024 | — | -£18k |
| 2023 | — | +£3k |
| 2022 | — | +£48k |
Derived from filed accounts. Not audited figures.