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Swift Steel Products Ltd

15343544

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
56 / 100

Notable Risks

20/30
Filing
0/30
Financial
36/40
Risk
  • Confirmation statement overdue (-10)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • 2 outstanding charges (-4)

Details

5 Thorneycroft Road, Bilston, WV14 8LT
Incorporated 11/12/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/04/2025

Due 15/04/2026

Overdue

Industry

25990
Manufacture of other fabricated metal products

Officers

Luke Andrew Yates

director · Since 11/12/2023

British · United Kingdom · Age 32

Merlin Business Services Uk Ltd

corporate secretary · Since 01/06/2024

Reg: 5951600

Persons with Significant Control

Mr Luke Andrew Yates

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 32

5, Thorneycroft Road, Bilston, WV14 8LT

Notified 11/12/2023

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD

Created 30/09/2025Registered 01/10/2025
Charge
outstanding

MITSUBISHI HC CAPITAL UK PLC

Created 20/03/2025Registered 20/03/2025

Change History

statusactive
2026-06-11

Active

typeltd
2026-06-11

Private Limited Company

address line15 Thorneycroft Road
2026-06-11

5 THORNEYCROFT ROAD

post townBilston
2026-06-11

BILSTON

officer appointedMERLIN BUSINESS SERVICES UK LTD
2026-06-11
officer appointedYATES, Luke Andrew
2026-06-11

CompanyRankvs 7063+ SIC 25990 peers
4

Financial strength8th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceOne filing overdue · 5/15
Outstanding charges -10
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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.

Employees4/15 pts

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

Liquidity0/20 pts

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

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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 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

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with IRIS Accounts Production