Swingers 2 Limited
10828526
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
29/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/06/2025
Due 04/07/2026
Industry
Officers
Former
director · Resigned 22/11/2018
director · Resigned 31/01/2025
director · Resigned 01/09/2025
Persons with Significant Control
Competitive Socialising Limited
101, New Cavendish Street, London, W1W 6XH
Reg: 09015999 · Companies House · Limited Company
Notified 21/06/2017
Charges0 outstanding
GLAS TRUST CORPORATION LIMITED AS SECURITY TRUSTEE
HSBC UK BANK PLC
SANTANDER UK PLC
SANTANDER UK PLC
Change History
Active
Private Limited Company
101 NEW CAVENDISH STREET
LONDON
CompanyRankvs 19828+ SIC 56101 peers31
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 29/12/2024
Turnover
£7.8M
Annual revenue
Net Worth
-£5.8M
Balance sheet strength
Cash
£190k
Cash in the bank
Profit Before Tax
-£1.8M
Bottom line earnings
Net Current Assets
-£10.2M
Working capital
Current Assets
£3.6M
Current Liabilities
£13.7M
Fixed Assets
£4.4M
Debtors
£3.3M
Cost of Sales
£3.7M
Gross Profit
£4.1M
Admin Expenses
£5.8M
Operating Profit
-£1.8M
Profit After Tax
-£2.0M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.26 | -£2.0M |
| 2023 | 0.31 | -£1.5M |
| 2022 | 0.32 | -£431k |
| 2021 | 0.41 | — |
Derived from filed accounts. Not audited figures.