Swift Tg Solutions Limited

Swift TG Solutions Ltd, based in Norwich, UK, is a small holding company with an active status, having been incorporated sixteen years ago in December 2008. The company, which employs just one person, holds £890,147 in assets and operates from a virtual address—a detail highlighted by the fact that ten companies share the same address. It’s managed by one director and has three owners, though the list of owners hasn't changed in nine years.

The company’s core business involves providing engineering consultancy services, specializing in advanced engineering analysis and optimised product design. Its website details expertise in Computational Fluid Dynamics (CFD), Finite Element Analysis (FEA), Computer Aided Engineering (CAD), Reverse Engineering, and Materials Testing. It caters to sectors like Energy, Aviation, and Process Engineering, offering solutions for product design, performance optimisation, and compliance with industry standards. While it’s a regular exporter of optical and medical tools and devices, with three months of export activity recorded as of October 2023, it’s an irregular importer, with its last import of machinery, boilers, and mechanical appliances occurring in February 2023.

Financially, Swift TG Solutions Ltd presents a mixed picture. Current assets have decreased slightly, falling by 4%, while net assets have increased by 13% to £670,000. Bank borrowings have been reduced by 15%, and cash reserves have fallen significantly, dropping 74% to £73,000. Trade debtors have increased by 25%, which could indicate an expansion of credit terms or challenges in collecting payments. Despite the decrease in cash, the company’s creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant drop in cash reserves warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s reliance on a single employee and the virtual address raise questions about its operational structure, but its expertise in engineering consultancy and its focus on high-value services suggest a potential for sustainable growth.

Registered in England/Wales under the registration number 06768722, with a registered address at NR10 5FB, England, Norwich, Norfolk, Hanger 2 Scottow Enterprise Park, Lamas Road, Badersfield.

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