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Switch Property Ltd

11572967

active
ltd
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

50 Waterway House Medway Wharf Road, Tonbridge, TN9 1AY
Incorporated 17/09/2018

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 15/09/2025

Due 29/09/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Dominic Haydn Vanderstay

director · Since 06/09/2021

British · United Kingdom · Age 52

Former

John Ter Averst

director · Resigned 06/09/2021

Persons with Significant Control

Mr Dominic Vanderstay

75–100% shares

Irish · United Kingdom · Age 52

199, Chingford Mount Road, Chingford, E4 8LP

Notified 06/09/2021

Former PSCs

Mr John Ter Averst

Ceased 06/09/2021

Mrs Diane Elaine Ter Averst

Ceased 06/09/2021

Charges1 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES TRADING AS PRECISE MORTGAGES

Created 12/09/2022Registered 13/09/2022

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line150 Waterway House Medway Wharf Road
2026-06-10

50 WATERWAY HOUSE

post townTonbridge
2026-06-10

TONBRIDGE

officer appointedVANDERSTAY, Dominic Haydn
2026-06-10

CompanyRankvs 144482+ SIC 68100 peers
25

Financial strength10th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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.

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 30/09/2024

Net Worth

-£28k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£249k

Current Liabilities

£273k

Fixed Assets

£132k

Debtors

£248k

Profit After Tax

-£3k

0avg. employees

Tax at Year End(2023)

Dividends paid£8k

Balance Sheet

Assets less current liabilities£109k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91-£3k
20230.93-£18k
20221.00-£12k
20210.77-£30
20200.83
20190.69

Derived from filed accounts. Not audited figures.