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Swim Drive Limited

07568854

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O Epropelled Unit 5 Herald Court, Sir William Lyons Road, Coventry, CV4 7EZ
Incorporated 17/03/2011

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/02/2026

Due 01/03/2027

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Narotam Singh Grewal

director · Since 05/02/2024

British,American · England · Age 73

Former

Nabeel Shirazee

director · Resigned 05/02/2024

Persons with Significant Control

Mr Narotam Singh Grewal

75–100% shares

American · United States · Age 73

C/O Epropelled, Unit 5 Herald Court, Coventry, CV4 7EZ

Notified 01/01/2026

Former PSCs

Epropelled Limited

Ceased 01/01/2026

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line1C/O Epropelled Unit 5 Herald Court
2026-06-06

C/O EPROPELLED UNIT 5 HERALD COURT

post townCoventry
2026-06-06

COVENTRY

CompanyRankvs 1382+ SIC 27900 peers
44

Financial strength34th percentile among SIC peers · 9/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£180

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£180

Working capital

Current Assets

£100

Current Liabilities

£280

0avg. employees

Balance Sheet

Assets less current liabilities£180
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.36
20230.36

Derived from filed accounts. Not audited figures.