Swell Uk Limited

Swell UK Ltd from Hyde UK is a small, active company founded 18 years ago. With 40 employees and £2,034,908 in assets, it operates from a real address and is managed by three directors and two owners. It’s a family business with a strong Google rating of 4.0 based on 1147 reviews, and regularly imports electrical machinery and equipment—a total of 88 months of imports.

The company's website reveals it's the UK's biggest online aquatic specialist, selling everything from pond pumps and filters to fish food and reptile supplies. It caters to both freshwater and marine aquariums, as well as offering a wide range of products for ponds and water features. The site boasts a comprehensive selection of brands and offers helpful guides and advice for aquarium enthusiasts. It seems like a thriving e-commerce operation.

Financially, Swell UK Ltd presents a mixed picture. While bank borrowings have been eliminated, cash reserves have increased significantly by 180% to £120,000. However, accumulated amortisation impairment for intangible assets has risen by a substantial 110%, and depreciation on property, plant, and equipment has increased, suggesting investments in infrastructure. Creditors have also increased by 15%, which could be related to increased inventory levels to support sales. Despite a slight decrease in retained earnings, the company's net assets remain at £780,000. The company meets the criteria for being a small company, with turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, likely due to its small size.

The company's growth in cash reserves and elimination of bank borrowings are positive signs. However, the increase in depreciation and creditors suggests ongoing investments and potential challenges in managing short-term liabilities. It’s clear that Swell UK Ltd is a well-established online retailer, but its financial performance warrants continued monitoring.

Registered in England/Wales under the registration number 06239940, with a registered address at SK14 4QF, England, Hyde, Unit C Sk14 Industrial Park, Broadway.

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