swishd ltd
swishd ltd Company Information
Company Number
09812042
Website
www.swishd.comRegistered Address
92a high street, orpington, kent, BR6 0JY
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
jatinder wasu 58.2%
jatinder & jasminder wasu trustees 36.2%
View Allswishd ltd Estimated Valuation
Pomanda estimates the enterprise value of SWISHD LTD at £192k based on a Turnover of £298.1k and 0.64x industry multiple (adjusted for size and gross margin).
swishd ltd Estimated Valuation
Pomanda estimates the enterprise value of SWISHD LTD at £2.4m based on an EBITDA of £580.1k and a 4.2x industry multiple (adjusted for size and gross margin).
swishd ltd Estimated Valuation
Pomanda estimates the enterprise value of SWISHD LTD at £0 based on Net Assets of £-1.5m and 0.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Swishd Ltd Overview
Swishd Ltd is a live company located in kent, BR6 0JY with a Companies House number of 09812042. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2015, it's largest shareholder is jatinder wasu with a 58.2% stake. Swishd Ltd is a young, micro sized company, Pomanda has estimated its turnover at £298.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Swishd Ltd Health Check
Pomanda's financial health check has awarded Swishd Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £298.1k, make it smaller than the average company (£3.4m)
- Swishd Ltd
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (9%)
- Swishd Ltd
9% - Industry AVG
Production
with a gross margin of 41.6%, this company has a higher cost of product (71.1%)
- Swishd Ltd
71.1% - Industry AVG
Profitability
an operating margin of 194.6% make it more profitable than the average company (3.9%)
- Swishd Ltd
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
- Swishd Ltd
31 - Industry AVG
Pay Structure
on an average salary of £66.9k, the company has an equivalent pay structure (£66.9k)
- Swishd Ltd
£66.9k - Industry AVG
Efficiency
resulting in sales per employee of £149.1k, this is more efficient (£114.6k)
- Swishd Ltd
£114.6k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is earlier than average (61 days)
- Swishd Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 3349 days, this is slower than average (40 days)
- Swishd Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Swishd Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Swishd Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3377.3%, this is a higher level of debt than the average (58.8%)
3377.3% - Swishd Ltd
58.8% - Industry AVG
SWISHD LTD financials
Swishd Ltd's latest turnover from October 2023 is estimated at £298.1 thousand and the company has net assets of -£1.5 million. According to their latest financial statements, we estimate that Swishd Ltd has 2 employees and maintains cash reserves of £11.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 6 | 6 | 6 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 699 | 1,918 | 4,024 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 699 | 1,918 | 4,024 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 35,662 | 35,650 | 182,065 | 182,065 | 174,579 | 168,130 | 22,595 | 114,025 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11,626 | 11,626 | 11,626 | 11,626 | 11,626 | 11,626 | 11,626 | 37,512 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 47,288 | 47,276 | 193,691 | 193,691 | 186,205 | 179,756 | 34,221 | 151,537 |
| total assets | 47,288 | 47,276 | 193,691 | 193,691 | 186,205 | 180,455 | 36,139 | 155,561 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,597,050 | 2,032,552 | 2,163,677 | 2,125,227 | 2,017,734 | 1,912,284 | 1,803,953 | 1,503,180 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,597,050 | 2,032,552 | 2,163,677 | 2,125,227 | 2,017,734 | 1,912,284 | 1,803,953 | 1,503,180 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,597,050 | 2,032,552 | 2,163,677 | 2,125,227 | 2,017,734 | 1,912,284 | 1,803,953 | 1,503,180 |
| net assets | -1,549,762 | -1,985,276 | -1,969,986 | -1,931,536 | -1,831,529 | -1,731,829 | -1,767,814 | -1,347,619 |
| total shareholders funds | -1,549,762 | -1,985,276 | -1,969,986 | -1,931,536 | -1,831,529 | -1,731,829 | -1,767,814 | -1,347,619 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1,219 | 2,106 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 12 | -146,415 | 0 | 7,486 | 6,449 | 145,535 | -91,430 | 114,025 |
| Creditors | -435,502 | -131,125 | 38,450 | 107,493 | 105,450 | 108,331 | 300,773 | 1,503,180 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -25,886 | 37,512 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -25,886 | 37,512 |
swishd ltd Credit Report and Business Information
Swishd Ltd Competitor Analysis
Perform a competitor analysis for swishd ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BR6 area or any other competitors across 12 key performance metrics.
swishd ltd Ownership
SWISHD LTD group structure
Swishd Ltd has 1 subsidiary company.
swishd ltd directors
Swishd Ltd currently has 2 directors. The longest serving directors include Jasminder Wasu (Oct 2015) and Mr Jatinder Wasu (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jasminder Wasu | England | 62 years | Oct 2015 | - | Director |
| Mr Jatinder Wasu | England | 65 years | Mar 2016 | - | Director |
P&L
October 2023turnover
298.1k
-1%
operating profit
580.1k
0%
gross margin
41.7%
-3.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-1.5m
-0.22%
total assets
47.3k
0%
cash
11.6k
0%
net assets
Total assets minus all liabilities
Similar Companies
swishd ltd company details
company number
09812042
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2015
age
9
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
swishd-com ltd (December 2015)
last accounts submitted
October 2023
address
92a high street, orpington, kent, BR6 0JY
accountant
-
auditor
-
swishd ltd 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 swishd ltd.
swishd ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
