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Switch Van Rental & Lease Ltd

13274712

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

Suite 220 The Wenta Business Center Innova Park, 1 Electric Avenue, Enfield, EN3 7XU
Incorporated 18/03/2021

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/04/2026

Due 13/05/2027

On track

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Dawit Alemayohu Norval

director · Since 18/03/2021

British · England · Age 39

Rohan Patrick Reid

director · Since 18/03/2021

Irish · England · Age 41

Persons with Significant Control

Mr Dawit Alemayohu Norval

25–50% shares
25–50% votes
Appoint directors

British · England · Age 39

Suite 220 The Wenta Business Center, Innova Park, Enfield, EN3 7XU

Notified 18/03/2021

Nova Axis Holdings Ltd

25–50% shares
25–50% votes

Carter House, Carter House G2 Wyvern Court, Derby, DE21 6BF

Reg: 17032520 · Companies House · Limited Company

Notified 16/04/2026

Former PSCs

Mr Rohan Patrick Reid

Ceased 16/04/2026

Change History

statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line1Suite 220 The Wenta Business Center Innova Park
2026-06-08

SUITE 20

post townEnfield
2026-06-08

INNOVA PARK

officer appointedNORVAL, Dawit Alemayohu
2026-06-08
officer appointedREID, Rohan Patrick
2026-06-08

CompanyRankvs 1025+ SIC 77110 peers
71

Financial strength94th percentile among SIC peers · 24/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.98× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees11/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£571k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£310k

Working capital

Current Assets

£627k

Current Liabilities

£317k

Fixed Assets

£425k

Debtors

£600k

2avg. employees

Balance Sheet

Assets less current liabilities£735k
Signed by D Norval 08/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.98+£450k
20240.76+£115k
20230.41-£194k
20221.04

Derived from filed accounts. Not audited figures.