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Swash Tech Ltd.

09056345

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

18 Lawrence Way, Slough, SL1 6HH
Incorporated 27/05/2014

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 27/05/2026

Due 10/06/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Swapna Padigala

secretary · Since 27/05/2014

Anand Kumar Padigala

director · Since 12/04/2021

British · United Kingdom · Age 49

Former

Anand Kumar Padigala

director · Resigned 17/08/2020

Swapna Padigala

director · Resigned 12/04/2021

Persons with Significant Control

Mr Anand Kumar Padigala

25–50% shares
25–50% votes

British · United Kingdom · Age 49

18, Lawrence Way, Slough, SL1 6HH

Notified 27/05/2016

Mrs Swapna Padigala

25–50% shares
25–50% votes

Indian · England · Age 45

18, Lawrence Way, Slough, SL1 6HH

Notified 27/05/2016

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line118 Lawrence Way
2026-06-06

18 LAWRENCE WAY

post townSlough
2026-06-06

SLOUGH

officer appointedPADIGALA, Swapna
2026-06-06
officer appointedPADIGALA, Anand Kumar
2026-06-06

CompanyRankvs 54820+ SIC 62020 peers
52

Financial strength73th percentile among SIC peers · 18/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees5/15 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.

Longevity12/15 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 31/05/2024

Net Worth

£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£2k

Current Liabilities

£24k

Fixed Assets

£65k

1avg. employees

Tax at Year End(2019)

Corp tax£16k
VAT£8k

Balance Sheet

Assets less current liabilities£44k
Signed by Mr Anand Padigala 30/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.10-£19k
20230.82+£31k
20227.19-£16k
20212.24+£38k
20201.95-£8k
20190.76£165k

Derived from filed accounts. Not audited figures.