Swiftform Limited

Swiftform Ltd from Wolverhampton UK: small company, active status, founded 14 years ago, 8 employees, £410,054 assets, real address, 3 directors, 1 owners. Regular importer of iron and steel (6 months imported). It’s a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company has been around for a while, established in 2011, and currently employs eight people.

Swiftform specialises in a unique permanent formwork system, factory fabricating panels to meet specific site requirements. They offer a free design service and pride themselves on timely delivery, proactive communication, and strong customer relationships. Their website highlights a commitment to professional and responsible practices, and the company’s products are used in various construction projects across the Midlands. They are the only supplier of a steel reinforced corrugated formwork system on the market.

Financially, Swiftform’s numbers show some mixed signals. Current assets have decreased by 5.6% to £410,000, while net assets have dropped slightly to £140,000. Bank borrowings have decreased by 26% to £28,000, and cash reserves have fallen by 34% to £34,000. Creditors have also decreased by 3%, suggesting better management of short-term debts. The company’s small size allows for flexibility, but the decline in cash reserves could be a concern. No auditor is mentioned, likely due to the company’s exemption as a small business.

Overall, Swiftform Ltd appears to be a stable, albeit small, business facing typical challenges for a company of its size. The company’s unique product offering and focus on customer service should help it navigate these challenges, but it will need to carefully manage its finances to ensure long-term success.

Registered in England/Wales under the registration number 07551526, with a registered address at WV10 7EL, England, Wolverhampton, Total Group Pinnacle Point Boundary Ind Est, Stafford Road.

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