swico limited
swico limited Company Information
Company Number
00469666
Website
www.swico.co.ukRegistered Address
5 station road, liphook, GU30 7DW
Industry
Wholesale of watches and jewellery
Telephone
01428656822
Next Accounts Due
2 days late
Group Structure
View All
Shareholders
swico holdings ltd 99.9%
steerwell ltd 0.1%
swico limited Estimated Valuation
Pomanda estimates the enterprise value of SWICO LIMITED at £1.3m based on a Turnover of £3.7m and 0.36x industry multiple (adjusted for size and gross margin).
swico limited Estimated Valuation
Pomanda estimates the enterprise value of SWICO LIMITED at £0 based on an EBITDA of £-56.8k and a 3.28x industry multiple (adjusted for size and gross margin).
swico limited Estimated Valuation
Pomanda estimates the enterprise value of SWICO LIMITED at £3.2m based on Net Assets of £1.9m and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Swico Limited Overview
Swico Limited is a live company located in liphook, GU30 7DW with a Companies House number of 00469666. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in June 1949, it's largest shareholder is swico holdings ltd with a 99.9% stake. Swico Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Swico Limited Health Check
Pomanda's financial health check has awarded Swico Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£12m)
- Swico Limited
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (1.9%)
- Swico Limited
1.9% - Industry AVG
Production
with a gross margin of 33.9%, this company has a comparable cost of product (33.9%)
- Swico Limited
33.9% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (4.8%)
- Swico Limited
4.8% - Industry AVG
Employees
with 25 employees, this is below the industry average (35)
25 - Swico Limited
35 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Swico Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £148.4k, this is less efficient (£353.1k)
- Swico Limited
£353.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Swico Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (30 days)
- Swico Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (140 days)
- Swico Limited
140 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Swico Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.9%, this is a similar level of debt than the average (57%)
55.9% - Swico Limited
57% - Industry AVG
SWICO LIMITED financials
Swico Limited's latest turnover from December 2022 is estimated at £3.7 million and the company has net assets of £1.9 million. According to their latest financial statements, Swico Limited has 25 employees and maintains cash reserves of £3.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,382,258 | 9,445,722 | 12,172,783 | 11,072,677 | 10,208,611 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 1,577,671 | 5,083,277 | 7,487,426 | 6,258,708 | 5,728,191 | |||||||||
| Gross Profit | 2,804,587 | 4,362,445 | 4,685,357 | 4,813,969 | 4,480,420 | |||||||||
| Admin Expenses | 2,987,721 | 4,269,725 | 4,269,585 | 4,560,020 | 4,063,107 | |||||||||
| Operating Profit | -183,134 | 92,720 | 415,772 | 253,949 | 417,313 | |||||||||
| Interest Payable | 11,023 | 91,596 | 80,766 | 69,095 | 70,228 | |||||||||
| Interest Receivable | 0 | 0 | 6 | 23 | 24 | |||||||||
| Pre-Tax Profit | 3,391,280 | 148,124 | 335,012 | 331,877 | 347,109 | |||||||||
| Tax | -27,372 | 0 | -15,500 | -23,648 | -44,292 | |||||||||
| Profit After Tax | 3,363,908 | 148,124 | 319,512 | 308,229 | 302,817 | |||||||||
| Dividends Paid | 3,873,000 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | -509,092 | 148,124 | 319,512 | 308,229 | 302,817 | |||||||||
| Employee Costs | 1,604,226 | 1,798,646 | 2,017,882 | 1,956,608 | 2,002,427 | |||||||||
| Number Of Employees | 25 | 24 | 27 | 28 | 38 | 44 | 45 | 49 | 43 | 44 | 44 | 45 | 42 | |
| EBITDA* | -174,075 | 115,831 | 446,588 | 313,800 | 484,273 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 204,883 | 220,410 | 1,052 | 1,403 | 1,870 | 23,493 | 20,622 | 27,495 | 47,677 | 27,179 | 69,335 | 92,446 | 1,190,175 | 1,471,359 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,066,973 | 1,096,175 | 1,088,708 | 1,082,109 | 902,878 | 698,245 | 415,905 | 231,560 | 144,638 | 19,333 | 411,233 | 414,095 | 414,093 | 414,093 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,271,856 | 1,316,585 | 1,089,760 | 1,083,512 | 904,748 | 721,738 | 436,527 | 259,055 | 192,315 | 46,512 | 480,568 | 506,541 | 1,604,268 | 1,885,452 |
| Stock & work in progress | 95,000 | 239,903 | 215,360 | 317,491 | 470,957 | 569,731 | 542,439 | 451,642 | 458,342 | 245,812 | 1,441,891 | 2,044,795 | 1,706,719 | 890,019 |
| Trade Debtors | 0 | 211,954 | 255,622 | 74,731 | 185,152 | 911,026 | 1,067,242 | 920,573 | 2,104,553 | 1,092,267 | 2,623,143 | 2,076,296 | 1,868,977 | 1,431,334 |
| Group Debtors | 695,838 | 553,338 | 525,838 | 496,338 | 496,338 | 717,069 | 684,249 | 410,735 | 0 | 1,314,448 | 3,916,558 | 3,930,727 | 3,542,316 | 3,530,417 |
| Misc Debtors | 2,296,369 | 2,057,192 | 1,776,333 | 1,308,320 | 1,303,354 | 1,019,903 | 566,023 | 938,809 | 0 | 1,165,919 | 7,390 | 377,046 | 362,449 | 323,397 |
| Cash | 3,254 | 12,579 | 64,791 | 208,108 | 256,662 | 233,945 | 312,807 | 825,191 | 354,599 | 335,202 | 12,512 | 19,169 | 13,625 | 17,187 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,090,461 | 3,074,966 | 2,837,944 | 2,404,988 | 2,712,463 | 3,451,674 | 3,172,760 | 3,546,950 | 2,917,494 | 4,153,648 | 8,001,494 | 8,448,033 | 7,494,086 | 6,192,354 |
| total assets | 4,362,317 | 4,391,551 | 3,927,704 | 3,488,500 | 3,617,211 | 4,173,412 | 3,609,287 | 3,806,005 | 3,109,809 | 4,200,160 | 8,482,062 | 8,954,574 | 9,098,354 | 8,077,806 |
| Bank overdraft | 9,242 | 0 | 0 | 0 | 8,986 | 0 | 0 | 0 | 0 | 0 | 1,993,901 | 1,561,214 | 1,219,070 | 994,266 |
| Bank loan | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 200,000 | 0 |
| Trade Creditors | 105,515 | 298,941 | 210,576 | 261,176 | 409,859 | 610,517 | 392,679 | 711,233 | 530,999 | 365,163 | 2,098,376 | 2,961,141 | 2,778,490 | 2,301,652 |
| Group/Directors Accounts | 1,164,005 | 1,150,437 | 1,136,743 | 1,067,952 | 893,826 | 637,190 | 233,961 | 114,264 | 0 | 2 | 2 | 2 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 3,301 | 10,012 | 0 | 0 | 11,688 | 11,688 | 4,566 | 19,471 |
| other current liabilities | 1,126,682 | 816,184 | 464,697 | 283,819 | 415,539 | 508,093 | 490,956 | 432,350 | 0 | 245,633 | 270,475 | 349,345 | 413,535 | 366,720 |
| total current liabilities | 2,415,444 | 2,275,562 | 1,812,016 | 1,612,947 | 1,728,210 | 1,755,800 | 1,120,897 | 1,267,859 | 530,999 | 610,798 | 4,374,442 | 4,983,390 | 4,615,661 | 3,682,109 |
| loans | 23,393 | 34,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 851,875 | 1,068,542 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,301 | 0 | 0 | 9,166 | 20,854 | 0 | 4,566 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,313 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 23,393 | 34,403 | 0 | 0 | 0 | 0 | 0 | 3,301 | 13,313 | 0 | 9,166 | 20,854 | 851,875 | 1,073,108 |
| total liabilities | 2,438,837 | 2,309,965 | 1,812,016 | 1,612,947 | 1,728,210 | 1,755,800 | 1,120,897 | 1,271,160 | 544,312 | 610,798 | 4,383,608 | 5,004,244 | 5,467,536 | 4,755,217 |
| net assets | 1,923,480 | 2,081,586 | 2,115,688 | 1,875,553 | 1,889,001 | 2,417,612 | 2,488,390 | 2,534,845 | 2,565,497 | 3,589,362 | 4,098,454 | 3,950,330 | 3,630,818 | 3,322,589 |
| total shareholders funds | 1,923,480 | 2,081,586 | 2,115,688 | 1,875,553 | 1,889,001 | 2,417,612 | 2,488,390 | 2,534,845 | 2,565,497 | 3,589,362 | 4,098,454 | 3,950,330 | 3,630,818 | 3,322,589 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -183,134 | 92,720 | 415,772 | 253,949 | 417,313 | |||||||||
| Depreciation | 68,294 | 73,119 | 351 | 467 | 623 | 7,831 | 6,873 | 18,403 | 20,502 | 9,059 | 23,111 | 30,816 | 59,851 | 66,960 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -27,372 | 0 | -15,500 | -23,648 | -44,292 | |||||||||
| Stock | -144,903 | 24,543 | -102,131 | -153,466 | -98,774 | 27,292 | 90,797 | -6,700 | 212,530 | -1,196,079 | -602,904 | 338,076 | 816,700 | 890,019 |
| Debtors | 169,723 | 264,691 | 678,404 | -105,455 | -663,154 | 330,484 | 47,397 | 165,564 | -1,468,081 | -2,974,457 | 163,022 | 610,327 | 488,594 | 5,285,148 |
| Creditors | -193,426 | 88,365 | -50,600 | -148,683 | -200,658 | 217,838 | -318,554 | 180,234 | 165,836 | -1,733,213 | -862,765 | 182,651 | 476,838 | 2,301,652 |
| Accruals and Deferred Income | 310,498 | 351,487 | 180,878 | -131,720 | -92,554 | 17,137 | 58,606 | 432,350 | -245,633 | -24,842 | -78,870 | -64,190 | 46,815 | 366,720 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,211,034 | -385,922 | -398,854 | -491,489 | -3,066,814 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -29,202 | 7,467 | 6,599 | 179,231 | 204,633 | 282,340 | 184,345 | 86,922 | 125,305 | -391,900 | -2,862 | 2 | 0 | 414,093 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | -100,000 | 200,000 | 0 |
| Group/Directors Accounts | 13,568 | 13,694 | 68,791 | 174,126 | 256,636 | 403,229 | 119,697 | 114,264 | -2 | 0 | 0 | 2 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -11,010 | 34,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -851,875 | -216,667 | 1,068,542 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -3,301 | -10,012 | 13,313 | 0 | -20,854 | -11,688 | 27,976 | -19,471 | 24,037 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,313 | 13,313 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -11,023 | -91,596 | -80,760 | -69,072 | -70,204 | |||||||||
| cash flow from financing | -31,877 | -203,284 | -1,004,657 | -105,210 | 4,042,147 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -9,325 | -52,212 | -143,317 | -48,554 | 22,717 | -78,862 | -512,384 | 470,592 | 19,397 | 322,690 | -6,657 | 5,544 | -3,562 | 17,187 |
| overdraft | 9,242 | 0 | 0 | -8,986 | 8,986 | 0 | 0 | 0 | 0 | -1,993,901 | 432,687 | 342,144 | 224,804 | 994,266 |
| change in cash | -18,567 | -52,212 | -143,317 | -39,568 | 13,731 | -78,862 | -512,384 | 470,592 | 19,397 | 2,316,591 | -439,344 | -336,600 | -228,366 | -977,079 |
swico limited Credit Report and Business Information
Swico Limited Competitor Analysis
Perform a competitor analysis for swico limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in GU30 area or any other competitors across 12 key performance metrics.
swico limited Ownership
SWICO LIMITED group structure
Swico Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
SWICO LIMITED
00469666
2 subsidiaries
swico limited directors
Swico Limited currently has 2 directors. The longest serving directors include Mr Gerard Yip (Mar 2002) and Mr Theodore Sheppard (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerard Yip | 63 years | Mar 2002 | - | Director | |
| Mr Theodore Sheppard | England | 39 years | Jul 2023 | - | Director |
P&L
December 2022turnover
3.7m
+30%
operating profit
-125k
0%
gross margin
34%
-0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.9m
-0.08%
total assets
4.4m
-0.01%
cash
3.3k
-0.74%
net assets
Total assets minus all liabilities
swico limited company details
company number
00469666
Type
Private limited with Share Capital
industry
46480 - Wholesale of watches and jewellery
incorporation date
June 1949
age
75
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
funtaso limited (September 1999)
last accounts submitted
December 2022
address
5 station road, liphook, GU30 7DW
accountant
-
auditor
-
swico limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to swico limited. Currently there are 4 open charges and 1 have been satisfied in the past.
swico limited Companies House Filings - See Documents
| date | description | view/download |
|---|
