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Swich Homes Limited

13528494

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

9a Leicester Road, Wigston, LE18 1NR
Incorporated 23/07/2021

Previously known as

Royal Oak Estates Limited · until 06/01/2024

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 22/07/2025

Due 05/08/2026

On track

Industry

68310
Real estate agencies

Officers

Yogesh Manubhai Parekh

director · Since 23/07/2021

British · England · Age 46

Pratik Patel

director · Since 23/07/2021

British · England · Age 45

Persons with Significant Control

Mr Pratik Patel

25–50% shares
25–50% votes

British · England · Age 45

9a, Leicester Road, Wigston, LE18 1NR

Notified 23/07/2021

Mr Yogesh Manubhai Parekh

25–50% shares
25–50% votes

British · England · Age 46

9a, Leicester Road, Wigston, LE18 1NR

Notified 23/07/2021

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line19a Leicester Road
2026-06-05

9A LEICESTER ROAD

post townWigston
2026-06-05

WIGSTON

officer appointedPAREKH, Yogesh Manubhai
2026-06-05
officer appointedPATEL, Pratik
2026-06-05

CompanyRankvs 26565+ SIC 68310 peers
26

Financial strength9th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.09× · 2/20
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 strength2/25 pts

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

Employees2/15 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.

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 31/07/2025

Net Worth

-£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£2k

Current Liabilities

£27k

Fixed Assets

£735

0avg. employees

Balance Sheet

Assets less current liabilities-£23k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£1k
20240.02-£3k
20230.04-£8k
20220.29

Derived from filed accounts. Not audited figures.