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Switch On Ltd

11115855

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE OLD DOCTOR'S HOUSE, DUDLEY, DY1 2AW
Incorporated 18/12/2017

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/12/2025

Due 31/12/2026

On track

Industry

42220
Construction of utility projects for electricity and telecommunications
43210
Electrical installation
71200
Technical testing and analysis
74100
Specialised design activities

Officers

Dimitrios Kolotouros

director · Since 18/12/2017

Greek

CompanyRankvs 100+ SIC 42220 peers
83

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.99× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 pts

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

Liquidity20/20 pts

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

Longevity8/15 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 31/12/2024

Net Worth

£3.7M

Balance sheet strength

Cash

£4.1M

Cash in the bank

Net Current Assets

£3.7M

Working capital

Current Assets

£5.5M

Current Liabilities

£1.8M

Fixed Assets

£207k

Debtors

£879k

29avg. employees

Balance Sheet

Assets less current liabilities£3.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.99

Derived from filed accounts. Not audited figures.