Swift Cycles Limited
07265816
Some Concerns
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
30/09/2024
micro entity
Next accounts due
30/06/2026
Confirmation statement
Last: 26/05/2025
Due 09/06/2026
Industry
Officers
secretary · Since 26/05/2010
Former
director · Resigned 08/07/2011
Persons with Significant Control
Mr Jonathan Reid
British · England · Age 51
Swift Cycles, Strype Street, London, E1 7LF
Notified 06/04/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
MIDDLESEX RETAIL S.A.R.L.
Change History
Active
Private Limited Company
KOSTEAS COTTAGE, FLORENTIA CLOTHING VILLAGE
LONDON
CompanyRankvs 2482+ SIC 47640 peers43
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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 30/09/2024
Net Worth
£42k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£42k
Working capital
Current Assets
£42k
Current Liabilities
—
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£879 |
| 2023 | — | -£2k |
| 2022 | 787.18 | -£755 |
| 2021 | 11.72 | -£6k |
| 2020 | — | +£31k |
| 2019 | 1.08 | -£203k |
| 2018 | 1.76 | — |
Derived from filed accounts. Not audited figures.