Swift Agencies Ltd

Swift Agencies Ltd is a small, family-run business based in Manchester, UK, with an active trading status. Founded 29 years ago in 1996, the company employs just three people and holds £191,641 in assets. It operates from a real address and is led by one director and two owners. The company regularly imports clothing and accessories, not knitted or crocheted, with 86 months of import activity recorded, the last in January 2025.

The company’s website, Getting Changed Swift Agency, is currently offline, displaying a “getting changed” message and contact details: Fanton Hall, Wickford, and a phone number. This suggests a temporary pause in operations or a website redesign, but it’s unclear if this is a new development. The website’s simple design and lack of e-commerce functionality indicate that Swift Agencies Ltd primarily operates as a wholesaler, not a direct-to-consumer retailer.

Financially, Swift Agencies Ltd presents a mixed picture. Current assets have decreased by 31%, dropping to £190,000, while cash reserves have also fallen by 31% to £170,000. Trade debtors have taken a significant hit, decreasing by 36% to £22,000, which could indicate slower payments from customers. Equity has plummeted 85%, falling to just £12,000—a substantial decline that could be due to losses or dividend payments. Despite these challenges, creditors have also decreased by 10%, suggesting better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is concerning. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

In short, Swift Agencies Ltd is facing financial headwinds, but its established presence in the wholesale market and family-run structure could provide resilience. The temporary website closure warrants further investigation, but for now, the company appears to be navigating a period of adjustment.

Registered in England/Wales under the registration number 03182339, with a registered address at M8 8LQ, 160-162 Cheetham Hill Road, Manchester.

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