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Swisco Limited

12213029

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

TOWN HALL, TORQUAY, TQ1 3DR
Incorporated 18/09/2019

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 17/09/2025

Due 01/10/2026

On track

Industry

38110
Collection of non-hazardous waste
81299
Other cleaning services
82990
Other business support service activities

Officers

Matthew Fairclough-Kay

director · Since 01/03/2022

DIVISIONAL DIRECTOR

ENGLISH · ENGLAND · Age 48

Mr Alan Denby

director · Since 01/04/2023

LOCAL AUTHORITY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Matthew Charles Reeks

director · Since 01/09/2023

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Torbay Council

75–100% shares
75–100% votes
Appoint directors

Town Hall, Castle Circus, Torquay, TQ1 3DR

Notified 18/09/2019

CompanyRankvs 1605+ SIC 38110 peers
51

Financial strength72th percentile among SIC peers · 18/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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56
How is this score calculated?
Financial strength18/25 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.

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.

Longevity7/15 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

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 31/03/2025

Turnover

£24.9M

Annual revenue

Net Worth

£48k

Balance sheet strength

Cash

£456k

Cash in the bank

Profit Before Tax

£47k

Bottom line earnings

Net Current Assets

-£1.6M

Working capital

Current Assets

£2.7M

Current Liabilities

£4.3M

Fixed Assets

£5.2M

Debtors

£2.0M

Cost of Sales

£19.9M

Gross Profit

£5.0M

Admin Expenses

£4.7M

Operating Profit

£260k

Profit After Tax

£38k

310avg. employees+310

People Costs

Wages & salaries£9.9M
NI contributions£995k

Balance Sheet

Assets less current liabilities£3.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20250.63

Derived from filed accounts. Not audited figures.