Swgt Holdings Ltd

Swgt Holdings Ltd from London UK: a small, active company founded two years ago, holds just £4,613 in assets and generates £2,710 in yearly revenue. It’s a solo founder operation with one director and owner, Kirk Jake Alexander. The company operates from a virtual address—a fact highlighted by the presence of 5433 other companies registered at the same location—and is classified as small, meeting two of three conditions (turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees).

The company’s website, swgholdings.co.uk, presents a professional image, featuring sections on leadership, corporate services, MGAs (managing general agencies), news, and media. It also includes an "About" page and a privacy policy, suggesting a focus on building trust and transparency. The site’s structure and content imply a business-to-business (B2B) model, likely offering services or products to other companies rather than directly selling to consumers. The presence of MGAs suggests involvement in insurance or risk management.

Financially, Swgt Holdings Ltd appears to be struggling. While the company reported £2,700 in turnover, it incurred a substantial loss of -£6,000. Cash reserves are minimal at just £130, and bank borrowings are non-existent. The cost of sales was £7,200, exceeding the turnover, which explains the loss. Administrative expenses remained constant at £1,600. With zero employees reported, the company is operating with a very lean structure. The lack of an auditor mentioned is typical for a small, exempt company, meaning the figures are unaudited. The accounts are described as full accounts and were authorised for issue in July 2024.

Registered in England/Wales under the registration number 14231637, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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