Swift Steel Products Ltd
15343544
Notable Risks
- Confirmation statement overdue (-10)
- Negative net worth (-10)
- Loss before tax (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 01/04/2025
Due 15/04/2026
Industry
Officers
Persons with Significant Control
Mr Luke Andrew Yates
British · United Kingdom · Age 32
5, Thorneycroft Road, Bilston, WV14 8LT
Notified 11/12/2023
Charges2 outstanding
BIBBY FINANCIAL SERVICES LTD
MITSUBISHI HC CAPITAL UK PLC
Change History
Active
Private Limited Company
5 THORNEYCROFT ROAD
BILSTON
CompanyRankvs 7063+ SIC 25990 peers4
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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.
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 31/03/2025
Turnover
£128k
Annual revenue
Net Worth
-£10k
Balance sheet strength
Cash
£14k
Cash in the bank
Profit Before Tax
-£10k
Bottom line earnings
Net Current Assets
£3k
Working capital
Current Assets
—
Current Liabilities
£10k
Cost of Sales
£117k
Gross Profit
£11k
Admin Expenses
£18k
Operating Profit
-£10k
Profit After Tax
-£10k
Balance Sheet