Swisco Limited
12213029
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 17/09/2025
Due 01/10/2026
Industry
Officers
director · Since 01/04/2023
LOCAL AUTHORITY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 1 other board
director · Since 01/09/2023
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 1 other board
Former
secretary · Resigned 13/04/2021
director · Resigned 31/03/2023
director · Resigned 15/06/2023
director · Resigned 15/04/2024
secretary · Resigned 28/08/2024
Persons with Significant Control
Torbay Council
Town Hall, Castle Circus, Torquay, TQ1 3DR
Notified 18/09/2019
Change History
Active
Private Limited Company
TOWN HALL
TORQUAY
CompanyRankvs 1576+ SIC 38110 peers51
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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 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
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.63 |
Derived from filed accounts. Not audited figures.