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The Swytch Group Ltd

12664912

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

121 PARKER DRIVE, LEICESTER, LE4 0JP
Incorporated 12/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Kevin Joseph Boyle

director · Since 12/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mrs Nina Tobin

director · Since 01/09/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Neil David Higgs

director · Since 30/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Kevin Joseph Boyle

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

British · England · Age 48

121, Parker Drive, Leicester, LE4 0JP

Notified 12/06/2020

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/07/2025Registered 22/07/2025
Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 17/05/2024Registered 24/05/2024
Charge
satisfied

WEDO FINANCE LTD

Created 02/02/2023Registered 07/02/2023Satisfied 19/05/2025
Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 27/04/2021Registered 27/04/2021Satisfied 27/05/2023
Charge
outstanding

AMICUS ASSET FINANCE GROUP LIMITED

Created 15/12/2020Registered 29/12/2020

CompanyRankvs 124370+ SIC 82990 peers
28

Financial strength6th percentile among SIC peers · 2/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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124370The Swytch Group Ltd
37
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.

Liquidity2/20 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 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 31/12/2024

Net Worth

-£36k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

-£368k

Working capital

Current Assets

£51k

Current Liabilities

£419k

Fixed Assets

£1.0M

Debtors

£13k

3avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£663k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£46k
20230.25+£2k
20230.38+£2k
20220.00+£3k
20210.44—

Derived from filed accounts. Not audited figures.