swift exchange ltd
swift exchange ltd Company Information
Company Number
12824029
Website
-Registered Address
4 chapmans close, little canfield, dunmow, CM6 1GD
Industry
Combined office administrative service activities
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
jinny caroline walker 52.6%
david walker 47.4%
swift exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFT EXCHANGE LTD at £26.9k based on a Turnover of £99.3k and 0.27x industry multiple (adjusted for size and gross margin).
swift exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFT EXCHANGE LTD at £0 based on an EBITDA of £-411 and a 2.16x industry multiple (adjusted for size and gross margin).
swift exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of SWIFT EXCHANGE LTD at £1.2k based on Net Assets of £406 and 2.87x industry multiple (adjusted for liquidity).
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Swift Exchange Ltd Overview
Swift Exchange Ltd is a live company located in dunmow, CM6 1GD with a Companies House number of 12824029. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in August 2020, it's largest shareholder is jinny caroline walker with a 52.6% stake. Swift Exchange Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £99.3k with unknown growth in recent years.
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Swift Exchange Ltd Health Check
Pomanda's financial health check has awarded Swift Exchange Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £99.3k, make it smaller than the average company (£1.1m)
- Swift Exchange Ltd
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Swift Exchange Ltd
- - Industry AVG
Production
with a gross margin of 14.7%, this company has a higher cost of product (50.8%)
- Swift Exchange Ltd
50.8% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (3.5%)
- Swift Exchange Ltd
3.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Swift Exchange Ltd
12 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)
- Swift Exchange Ltd
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £33.1k, this is less efficient (£91.9k)
- Swift Exchange Ltd
£91.9k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (30 days)
- Swift Exchange Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 170 days, this is slower than average (29 days)
- Swift Exchange Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Swift Exchange Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (28 weeks)
26 weeks - Swift Exchange Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99%, this is a higher level of debt than the average (54.5%)
99% - Swift Exchange Ltd
54.5% - Industry AVG
SWIFT EXCHANGE LTD financials
Swift Exchange Ltd's latest turnover from August 2023 is estimated at £99.3 thousand and the company has net assets of £406. According to their latest financial statements, Swift Exchange Ltd has 3 employees and maintains cash reserves of £20.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| 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 | 3 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Tangible Assets | 2,451 | 735 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,451 | 735 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 15,650 | 7,434 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 1,611 | 0 | 0 |
| Cash | 20,238 | 14,004 | 1 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 37,499 | 21,438 | 1 |
| total assets | 39,950 | 22,173 | 1 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 39,544 | 21,599 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 39,544 | 21,599 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 39,544 | 21,599 | 0 |
| net assets | 406 | 574 | 1 |
| total shareholders funds | 406 | 574 | 1 |
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 613 | 184 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 9,827 | 7,434 | 0 |
| Creditors | 17,945 | 21,599 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 6,234 | 14,003 | 1 |
| overdraft | 0 | 0 | 0 |
| change in cash | 6,234 | 14,003 | 1 |
swift exchange ltd Credit Report and Business Information
Swift Exchange Ltd Competitor Analysis
Perform a competitor analysis for swift exchange ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CM6 area or any other competitors across 12 key performance metrics.
swift exchange ltd Ownership
SWIFT EXCHANGE LTD group structure
Swift Exchange Ltd has no subsidiary companies.
Ultimate parent company
SWIFT EXCHANGE LTD
12824029
swift exchange ltd directors
Swift Exchange Ltd currently has 2 directors. The longest serving directors include Mrs Jinny Walker (Aug 2020) and Mr David Walker (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jinny Walker | England | 45 years | Aug 2020 | - | Director |
| Mr David Walker | England | 48 years | Dec 2021 | - | Director |
P&L
August 2023turnover
99.3k
+57%
operating profit
-1k
0%
gross margin
14.8%
-10.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
406
-0.29%
total assets
40k
+0.8%
cash
20.2k
+0.45%
net assets
Total assets minus all liabilities
Similar Companies
swift exchange ltd company details
company number
12824029
Type
Private limited with Share Capital
industry
82110 - Combined office administrative service activities
incorporation date
August 2020
age
4
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
4 chapmans close, little canfield, dunmow, CM6 1GD
Bank
-
Legal Advisor
-
swift exchange 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 swift exchange ltd.
swift exchange ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
