Swiftsave Uk Ltd

Swiftsave Uk Ltd, based in Wolverhampton, UK, is a small, active company founded 23 years ago in 2001. Employing 14 people and holding £1,311,904 in assets, it operates from a real address and is overseen by three directors and a single owner. The company boasts a solid 4.0 Google rating from 375 reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of March 2022.

The company's website describes Swiftsave Uk Ltd as a kitchen renovator in Wolverhampton, England. It’s a private limited company with a registration number of 04315941. The address is real, with only one other company registered at the same location. The company operates in the retail of furniture, lighting, and similar goods, and its website suggests a focus on kitchen renovations.

Financially, Swiftsave Uk Ltd presents a mixed picture. Current assets increased by 17% to £1,300,000, while net assets also rose by 16% to £1,200,000. Cash bank on hand increased significantly by 16% to £1,000,000, indicating improved liquidity. However, property plant equipment decreased by 25% to £67,000, which could be due to depreciation or asset sales. Trade debtors have also risen dramatically by 210% to £15,000, possibly reflecting increased credit sales. 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 increase in debtors warrants attention. The accounts are abridged and unaudited, with no auditor mentioned, relying on director-reported data.

Overall, Swiftsave Uk Ltd seems to be in a relatively stable position, with growing assets and cash reserves. The increase in debtors and decrease in property plant equipment are points to watch, but the company’s long-standing presence and positive Google rating suggest a resilient business.

Registered in England/Wales under the registration number 04315941, with a registered address at WV2 4LY, Wolverhampton, West Midlands, Bell Place, Pearson Street.

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