Swift Home Lifts Uk Ltd

Swift Home Lifts Uk Ltd from London UK: a small company, holding company, and active status, was founded six years ago. With two employees and £170,105 in assets, it operates from a virtual address, managed by three directors and one owner. Boasting a perfect 5.0 Google rating from two reviews, the company regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last four months.

The company’s website showcases a Swedish home lift concept designed to improve society by making life more comfortable and sustainable. Swift Home Lifts aims to break the common perception that home lifts are complicated, expensive, and ugly, offering a cool, affordable, and fun-to-use solution for modern homes. Showrooms are located across Europe, the Middle East, Asia, and the United States, demonstrating a global reach. The business focuses on installation of lifts commercially and for private individuals.

Financially, Swift Home Lifts Uk Ltd presents a mixed picture. Cash bank on hand decreased by 14% to £69,000, while current assets increased by 40% to £170,000. However, net assets surged by a staggering 2200%, reaching £38,000 from a previous loss of -£1800. Creditors also rose by 38% to £110,000, and trade debtors increased significantly by 440% to £46,000. The company's small size—meeting two of three conditions for a small company—helps it remain flexible, but the dramatic change in equity suggests a possible turnaround. The lack of an auditor mentioned indicates that the company is exempt from an audit as a small company.

Despite the positive Google rating and global showroom network, the company's financial data suggests it's experiencing a period of growth and change. The increased debt and trade receivables could be a result of expanding operations, but the substantial increase in equity is a positive sign.

Registered in England/Wales under the registration number 11745037, with a registered address at W1J 5BF, England, London, 35 Berkeley Square, Mayfair.

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