Sw Drainage Solutions Ltd

Sw Drainage Solutions Ltd, based in Bromley, UK, is a small, active company founded nine years ago in 2015. With 21 employees and £3,852,934 in assets, it operates from a virtual address shared by forty other companies, a detail worth noting. The company is led by one director and has two owners, although the list of owners changed four years ago. Google users rate it 4.0 out of 5 based on six reviews. It's an irregular importer, bringing in electrical machinery and equipment for a month, with the last import occurring in June 2023.

The company's website paints a picture of a comprehensive drainage service provider. They offer everything from domestic blockage clearing to major pump-outs and collapsed sewer repairs, catering to both commercial and residential clients. They even have a recruitment section, actively seeking supervisors, engineers, and drivers to operate their fleet of specialized vehicles – Recycling Super Suckers, Jetvacs, and CCTV units. The site highlights their commitment to innovation and British craftsmanship, with a focus on cost-effective and safe solutions.

Financially, Sw Drainage Solutions Ltd shows some interesting trends. Accumulated depreciation on plant machinery has increased significantly, rising by 59%, while cash bank on hand has decreased by 37%. Bank borrowings have also increased, up 13%, and creditors have jumped by 52%. However, net assets have increased by a substantial 190%, and trade debtors have risen by 38%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is typical for companies of this size.

Overall, Sw Drainage Solutions Ltd seems to be growing, but the increase in debt and the decrease in cash reserves suggest it’s burning through money a little faster than it’s bringing it in. The company's active recruitment drive indicates expansion plans, but it will need to manage its finances carefully to sustain that growth.

Registered in England/Wales under the registration number 09856300, with a registered address at BR1 3WA, England, Bromley, Kent, Northside House, 69 Tweedy Road.

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