swift moves limited

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swift moves limited Company Information

Share SWIFT MOVES LIMITED

Company Number

09374318

Shareholders

elisabeth bleach

jonathan robert bleach

Group Structure

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Industry

Removal services

 

Registered Address

unit 2 parkwood industrial estat, byers lane, surrey, RH9 8JL

swift moves limited Estimated Valuation

£397.5k

Pomanda estimates the enterprise value of SWIFT MOVES LIMITED at £397.5k based on a Turnover of £803.3k and 0.49x industry multiple (adjusted for size and gross margin).

swift moves limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SWIFT MOVES LIMITED at £0 based on an EBITDA of £-34.4k and a 4.08x industry multiple (adjusted for size and gross margin).

swift moves limited Estimated Valuation

£226k

Pomanda estimates the enterprise value of SWIFT MOVES LIMITED at £226k based on Net Assets of £98.9k and 2.29x industry multiple (adjusted for liquidity).

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Swift Moves Limited Overview

Swift Moves Limited is a live company located in surrey, RH9 8JL with a Companies House number of 09374318. It operates in the removal services sector, SIC Code 49420. Founded in January 2015, it's largest shareholder is elisabeth bleach with a 50% stake. Swift Moves Limited is a established, small sized company, Pomanda has estimated its turnover at £803.3k with rapid growth in recent years.

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Swift Moves Limited Health Check

Pomanda's financial health check has awarded Swift Moves Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £803.3k, make it in line with the average company (£815.7k)

£803.3k - Swift Moves Limited

£815.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (11.3%)

49% - Swift Moves Limited

11.3% - Industry AVG

production

Production

with a gross margin of 26.8%, this company has a higher cost of product (36.3%)

26.8% - Swift Moves Limited

36.3% - Industry AVG

profitability

Profitability

an operating margin of -4.3% make it less profitable than the average company (4%)

-4.3% - Swift Moves Limited

4% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (15)

10 - Swift Moves Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)

£37.1k - Swift Moves Limited

£37.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £80.3k, this is less efficient (£95.7k)

£80.3k - Swift Moves Limited

£95.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (22 days)

75 days - Swift Moves Limited

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is slower than average (26 days)

45 days - Swift Moves Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Swift Moves Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Swift Moves Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.6%, this is a lower level of debt than the average (72.2%)

54.6% - Swift Moves Limited

72.2% - Industry AVG

SWIFT MOVES LIMITED financials

EXPORTms excel logo

Swift Moves Limited's latest turnover from December 2023 is estimated at £803.3 thousand and the company has net assets of £98.9 thousand. According to their latest financial statements, Swift Moves Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Turnover803,310657,294735,162243,242282,694275,519269,11239,326100,526
Other Income Or Grants000000000
Cost Of Sales588,287496,671547,320189,198207,291197,636194,85229,57778,635
Gross Profit215,023160,623187,84154,04475,40377,88374,2609,74921,891
Admin Expenses249,394164,40059,2027,32381,07478,43561,83613,33726,525
Operating Profit-34,371-3,777128,63946,721-5,671-55212,424-3,588-4,634
Interest Payable0000005261,0990
Interest Receivable00179710003366
Pre-Tax Profit-34,371-3,777128,81746,793-5,671-55211,898-4,061-4,568
Tax00-24,475-8,89100-2,26100
Profit After Tax-34,371-3,777104,34237,902-5,671-5529,637-4,061-4,568
Dividends Paid000000000
Retained Profit-34,371-3,777104,34237,902-5,671-5529,637-4,061-4,568
Employee Costs371,385175,338236,263204,396154,221153,65788,246130,783119,981
Number Of Employees1057755312
EBITDA*-34,371-3,777142,88546,721-5,671-55212,424-3,188-4,534

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Tangible Assets51,20068,26742,73947,17333,57844,7716,6373,6000
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets51,20068,26742,73947,17333,57844,7716,6373,6000
Stock & work in progress000000000
Trade Debtors166,502190,117230,4735,88640,70141,94246,5247,80425,528
Group Debtors000000000
Misc Debtors00000006,2764,114
Cash000142,93200017426,440
misc current assets000000000
total current assets166,502190,117230,473148,81840,70141,94246,52414,25456,082
total assets217,702258,384273,212195,99174,27986,71353,16117,85456,082
Bank overdraft00000007,7070
Bank loan000000000
Trade Creditors 72,75953,19269,72681,58761,08654,86151,0536,6162,183
Group/Directors Accounts0000000013,407
other short term finances00000008,4920
hp & lease commitments000000009,400
other current liabilities00000003,56835,560
total current liabilities72,75953,19269,72681,58761,08654,86151,05326,38360,550
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income3,6656,6654,99802,2001,4671,10000
other liabilities42,39765,27561,35981,61716,20829,929000
provisions000000000
total long term liabilities46,06271,94066,35781,61718,40831,3961,10000
total liabilities118,821125,132136,083163,20479,49486,25752,15326,38360,550
net assets98,881133,252137,12932,787-5,2154561,008-8,529-4,468
total shareholders funds98,881133,252137,12932,787-5,2154561,008-8,529-4,468
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Operating Activities
Operating Profit-34,371-3,777128,63946,721-5,671-55212,424-3,588-4,634
Depreciation0014,2460000400100
Amortisation000000000
Tax00-24,475-8,89100-2,26100
Stock000000000
Debtors-23,615-40,356224,587-34,815-1,241-4,58232,444-15,56229,642
Creditors19,567-16,534-11,86120,5016,2253,80844,4374,4332,183
Accruals and Deferred Income-3,0001,6674,998-2,200733367-2,468-31,99235,560
Deferred Taxes & Provisions000000000
Cash flow from operations5,81121,712-113,04090,9462,5288,20519,688-15,1853,567
Investing Activities
capital expenditure17,067-25,528-9,812-13,59511,193-38,134-3,037-4,000-100
Change in Investments000000000
cash flow from investments17,067-25,528-9,812-13,59511,193-38,134-3,037-4,000-100
Financing Activities
Bank loans000000000
Group/Directors Accounts0000000-13,40713,407
Other Short Term Loans 000000-8,4928,4920
Long term loans000000000
Hire Purchase and Lease Commitments0000000-9,4009,400
other long term liabilities-22,8783,916-20,25865,409-13,72129,929000
share issue0-100010000-1000100
interest001797100-526-1,06666
cash flow from financing-22,8783,816-20,07965,580-13,72129,929-9,118-15,38122,973
cash and cash equivalents
cash00-142,932142,93200-174-26,26626,440
overdraft000000-7,7077,7070
change in cash00-142,932142,932007,533-33,97326,440

swift moves limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Swift Moves Limited Competitor Analysis

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Perform a competitor analysis for swift moves limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in RH9 area or any other competitors across 12 key performance metrics.

swift moves limited Ownership

SWIFT MOVES LIMITED group structure

Swift Moves Limited has no subsidiary companies.

Ultimate parent company

SWIFT MOVES LIMITED

09374318

SWIFT MOVES LIMITED Shareholders

elisabeth bleach 50%
jonathan robert bleach 50%

swift moves limited directors

Swift Moves Limited currently has 1 director, Mr Jonathan Bleach serving since Jan 2015.

officercountryagestartendrole
Mr Jonathan BleachEngland32 years Jan 2015- Director

P&L

December 2023

turnover

803.3k

+22%

operating profit

-34.4k

0%

gross margin

26.8%

+9.54%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

98.9k

-0.26%

total assets

217.7k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

swift moves limited company details

company number

09374318

Type

Private limited with Share Capital

industry

49420 - Removal services

incorporation date

January 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

unit 2 parkwood industrial estat, byers lane, surrey, RH9 8JL

Bank

-

Legal Advisor

-

swift moves 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 did not find charges/mortgages relating to swift moves limited.

swift moves limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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swift moves limited Companies House Filings - See Documents

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