Back to search

Switch Associates Ltd

13811686

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

5 Swan Hill Court, Swan Hill, Shrewsbury, SY1 1NP
Incorporated 21/12/2021

Compliance

Last accounts

28/02/2026

total exemption full

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 20/12/2025

Due 03/01/2027

On track

Industry

78109
Other activities of employment placement agencies

Officers

Lauren Mccreadie

secretary · Since 21/12/2021

David William Mccreadie

director · Since 21/12/2021

British · United Kingdom · Age 34

Persons with Significant Control

Mccreadie Group Limited

75–100% shares
75–100% votes

5 Swan Hill Court, Swan Hill, Shrewsbury, SY1 1NP

Reg: 16431754 · England & Wales · Private Limited

Notified 21/05/2025

Former PSCs

Mr David William Mccreadie

Ceased 21/05/2025

Mrs Lauren Mccreadie

Ceased 21/05/2025

Charges1 outstanding

Charge
outstanding

ZODEQ LTD

Created 21/11/2024Registered 26/11/2024
Charge
satisfied

SONOVATE LIMITED

Created 06/08/2024Registered 06/08/2024Satisfied 02/12/2024

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line15 Swan Hill Court
2026-06-05

5 SWAN HILL COURT

post townShrewsbury
2026-06-05

SHREWSBURY

officer appointedMCCREADIE, Lauren
2026-06-05
officer appointedMCCREADIE, David William
2026-06-05

CompanyRankvs 5881+ SIC 78109 peers
55

Financial strength83th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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.

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 28/02/2025

Net Worth

£71k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£881k

Current Liabilities

£785k

Fixed Assets

£2k

Debtors

£852k

4avg. employees

Balance Sheet

Assets less current liabilities£99k
Signed by Mr David McCreadie 10 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.12+£70k
20241.09-£25k
20233.46

Derived from filed accounts. Not audited figures.