2swings Ltd

2swings Ltd from Warminster UK: small company, active status, founded 2 years ago, £3,411 assets, real address, 1 director, 2 owner, solo founder. It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website is unavailable, so it's difficult to determine exactly what they're doing. However, the description suggests an online retail business, potentially selling goods through a website or mail order. It's likely an e-commerce operation, but without a website to examine, it’s impossible to confirm the product range or target audience.

Financially, 2swings Ltd is showing some concerning trends. Current assets are at a low £3,400, and net assets are negative at -£510. Cash on hand is only £140, and bank borrowings have increased to £3,500. Creditors are stable at £3,900. The company’s small size helps it stay agile, but the negative equity suggests it’s burning through money. It’s possible the company is in a startup phase, reinvesting profits back into the business, or it could be facing challenges in generating revenue. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While 2swings Ltd appears to be a small, solo venture, the financial data paints a picture of a company struggling to maintain a positive financial position. It's hard to say if this is a temporary setback or a longer-term issue.

Registered in England/Wales under the registration number 14497097, with a registered address at BA12 0AU, England, Warminster, 9 Elm Hill.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.