Switchd Ltd
10408051
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/10/2025
total exemption full
Next accounts due
31/07/2027
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
secretary · Since 09/06/2017
Former
director · Resigned 14/05/2019
Persons with Significant Control
Mr Thomas Allen Rogers
British · United Kingdom · Age 35
40, 40 Bowling Green Lane, London, EC1R 0NE
Notified 03/10/2016
Mr Llewellyn David Kinch
British · United Kingdom · Age 36
40, 40 Bowling Green Lane, London, EC1R 0NE
Notified 03/10/2016
Charges1 outstanding
INNOVATE UK LOANS LIMITED
Change History
Active
Private Limited Company
INTERNATIONAL HOUSE
LONDON
CompanyRankvs 63+ SIC 42220 peers74
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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 31/10/2025
Net Worth
£885k
Balance sheet strength
Cash
£563k
Cash in the bank
Net Current Assets
£802k
Working capital
Current Assets
£1.3M
Current Liabilities
£459k
Fixed Assets
£615k
Debtors
£677k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.75 | -£293k |
| 2024 | 3.76 | -£604k |
| 2023 | 7.73 | +£1.1M |
| 2022 | 3.23 | +£254k |
| 2021 | 17.51 | -£151k |
| 2020 | 11.63 | -£162k |
| 2019 | 29.49 | — |
Derived from filed accounts. Not audited figures.