Switch 2 Smart Limited
14108193
Some Concerns
- Confirmation statement overdue (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 15/05/2025
Due 29/05/2026
Industry
Officers
Former
director · Resigned 09/06/2023
Persons with Significant Control
Mr Sachin Vaid
British · England · Age 41
2, Hebden Drive, Leicester, LE5 1EY
Notified 16/05/2022
Former PSCs
Isha Joshi
Ceased 09/06/2023
Change History
Active
Private Limited Company
2 HEBDEN DRIVE
LEICESTER
CompanyRankvs 32222+ SIC 43210 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£11k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£10k
Current Liabilities
£7k
Fixed Assets
£9k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.39 | +£0 |
| 2025 | 1.39 | — |
| 2024 | Infinity | — |
| 2023 | 1.57 | — |
Derived from filed accounts. Not audited figures.