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Sw Vape Supplies Ltd

12391913

activeactive proposal to strike off
ltd
wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
40 / 100

Notable Risks

0/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

78 Commercial Street, Newport, NP20 1LR
Incorporated 08/01/2020

Compliance

Last accounts

31/01/2022

total exemption full

Next accounts due

31/10/2023

Overdue

Confirmation statement

Last: 21/09/2022

Due 05/10/2023

Overdue

Industry

46900
Non-specialised wholesale trade

Officers

Usman Mohammad Ahmed

director · Since 14/04/2022

British · Wales · Age 44

Former

Zain Iqbal

director · Resigned 01/03/2021

Usman Mohammad Ahmed

director · Resigned 06/09/2021

Zain Iqbal

director · Resigned 14/04/2022

Persons with Significant Control

Mr Usman Mohammad Ahmed

75–100% shares

British · United Kingdom · Age 44

22, Oak Street, Newport, NP19 7HL

Notified 13/04/2022

Former PSCs

Mr Zain Iqbal

Ceased 01/03/2021

Mr Usman Mohammad Ahmed

Ceased 06/09/2021

Mr Zain Iqbal

Ceased 13/04/2022

Change History

statusactive
2026-06-08

Active - Proposal to Strike off

typeltd
2026-06-08

Private Limited Company

address line178 Commercial Street
2026-06-08

78 COMMERCIAL STREET

post townNewport
2026-06-08

NEWPORT

officer appointedAHMED, Usman Mohammad
2026-06-08

CompanyRankvs 14248+ SIC 46900 peers
41

Financial strength7th percentile among SIC peers · 2/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.43× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 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.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 31/01/2022

Net Worth

-£21k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£17k

Current Liabilities

£7k

Debtors

£100

6avg. employees+4

Balance Sheet

Bank loans & overdrafts£31k
Assets less current liabilities£10k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20222.43+£3k
20216.26

Derived from filed accounts. Not audited figures.