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Switchshop Holdings Limited

11033907

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

SWITCHSHOP HOUSE ENTERPRISE PARK, HITCHIN, SG4 8HP
Incorporated 26/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46510
Wholesale of computers, computer peripheral equipment and software
46520
Wholesale of electronic and telecommunications equipment and parts
62090
Other information technology service activities

Officers

Mr James Geoffrey Curry

director · Since 26/10/2017

SALESMAN

BRITISH · ENGLAND · Age 46

Mr Michael David Frederick Curry

director · Since 26/10/2017

SALESMAN

BRITISH · ENGLAND · Age 40

Mr Thomas Ludlow Glinka

director · Since 26/10/2017

LAWYER

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Michael David Frederick Curry

25–50% votes

British · England · Age 40

Switchshop House, Enterprise Park, Hitchin, SG4 8HP

Notified 26/10/2017

Mr James Geoffrey Curry

25–50% votes

British · England · Age 46

Switchshop House, Enterprise Park, Hitchin, SG4 8HP

Notified 26/10/2017

Mr Thomas Ludlow Glinka

25–50% votes

British · England · Age 44

Switchshop House, Enterprise Park, Hitchin, SG4 8HP

Notified 26/10/2017

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 16/11/2017Registered 30/11/2017Satisfied 07/06/2021

CompanyRankvs 1124+ SIC 46510 peers
43

Financial strength98th percentile among SIC peers · 25/25
Employees24th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees4/15 pts

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

Liquidity0/20 pts

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

Longevity9/15 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.

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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

Key FinancialsYear ending 31/05/2025

Net Worth

£4.3M

Balance sheet strength

Cash

£4.6M

Cash in the bank

Profit Before Tax

£414k

Bottom line earnings

Net Current Assets

-£2.1M

Working capital

Current Assets

Current Liabilities

£2.1M

Fixed Assets

£2.3M

Debtors

£4.2M

Cost of Sales

£22.5M

Admin Expenses

£7.3M

Profit After Tax

£247k

0avg. employees

Tax at Year End

Corp tax-£1k
Dividends paid-£1.4M

People Costs

Wages & salaries£4.8M

Balance Sheet

Intangible assets£477k
Bank loans & overdrafts£183k
Assets less current liabilities£280k
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2025+£0
2025+£4.2M
2024+£0
2023+£0
2022-£199k
2021+£13k
2020+£177k

Derived from filed accounts. Not audited figures.