Swift Wear Ltd

Swift Wear Ltd, based in Wolverhampton, UK, is a small, active company founded seven years ago in 2017. With just one employee and £38,934 in assets, it’s a solo-founded operation led by a single director and owner. The business boasts a perfect 5.0 Google rating based on one review and regularly imports clothing and accessories made by knitting or crocheting—a consistent pattern over 47 months, with the latest import recorded in February 2025. The company operates in the other retail sale not in stores, stalls or markets industries.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence or e-commerce activities. Without a functioning website, it's unclear if the business operates primarily through wholesale, trade shows, or other channels.

Financially, Swift Wear Ltd’s recent accounts reveal a mixed picture. Net assets have fallen significantly, dropping 69% to just £3,000. Cash reserves have also declined by 32%, sitting at £6,500. Bank borrowings have decreased by 25%, reaching £30,000. Trade debtors have plummeted 85%, suggesting improved collection of payments, while creditors have also fallen by 25%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the decline in equity raises concerns. The accounts were prepared as filleted accounts and are unaudited, meaning they rely on director-reported data.

Overall, Swift Wear Ltd seems to be navigating a period of financial adjustment. While the business maintains a positive reputation and consistent import activity, the decline in equity and cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 11003530, with a registered address at WV2 4XD, England, Wolverhampton, Unit 105, Imex Trading Estate, Upper Villiers Street.

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