Swapmoney Ltd
10716785
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/04/2025
total exemption full
Next accounts due
31/01/2027
Confirmation statement
Last: 03/11/2025
Due 17/11/2026
Industry
Officers
secretary · Since 08/04/2017
Former
corporate director · Resigned 06/07/2017
corporate director · Resigned 01/12/2017
corporate director · Resigned 01/12/2017
corporate director · Resigned 01/12/2017
secretary · Resigned 31/03/2019
director · Resigned 31/03/2019
director · Resigned 04/11/2019
director · Resigned 29/09/2022
director · Resigned 17/04/2025
Persons with Significant Control
Olamobisi Fawehinmi
British · United Kingdom · Age 54
8, Worcester Close, Sutton Coldfield, B75 5UA
Notified 08/04/2017
Former PSCs
Mr Kanayo Eruchalu
Ceased 31/03/2019
Mr Abiodun Okono
Ceased 17/04/2025
Change History
Active
Private Limited Company
GROSVENOR HOUSE
BIRMINGHAM
CompanyRankvs 74248+ SIC 62020 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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
-£66k
Balance sheet strength
Cash
£164k
Cash in the bank
Net Current Assets
-£65k
Working capital
Current Assets
£164k
Current Liabilities
£230k
Fixed Assets
£12k
Debtors
£211
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.72 | -£92k |
| 2024 | 1.49 | +£2k |
| 2023 | — | -£21k |
| 2022 | — | +£118k |
| 2021 | — | -£62k |
| 2020 | — | -£3k |
Derived from filed accounts. Not audited figures.