Swimple Ltd

Swimple Ltd is a small, holding company registered in Scotland with an active status. Founded three years ago in Ayr, UK, the company holds £684 in assets and operates from a real address shared by only one other business. It’s managed by four directors and has one owner, Crumwood Investments Ltd. The company’s website, Swimple, features a simple design with a pool list, a login, and a signup option, suggesting an e-commerce focus.

Swimple Ltd appears to be involved in retail sale via mail order houses or via internet industries. The website’s emphasis on pool lists and logins hints at a potential niche market, possibly related to swimming or aquatic supplies. While the site is minimal, it’s clearly geared towards online sales and customer acquisition.

Financially, Swimple Ltd presents a concerning picture. Current assets have plummeted by a staggering 97%, dropping from £22,000 to a mere £680. Bank cash has also suffered a dramatic 91% decrease, falling to £620. Liabilities have increased significantly, with accrued liabilities deferred income rising 370% to £480. Equity has worsened, with retained earnings accumulating losses ballooning 100% to -£110,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The substantial decline in assets and cash, coupled with increasing liabilities, suggests Swimple Ltd is burning through money at an alarming rate. The sharp increase in intangible assets, while potentially representing investment in the business, hasn't translated into improved financial performance.

Registered in Scotland under the registration number SC710122, with a registered address at KA8 0HJ, United Kingdom, Ayr, South Ayrshire, 20 Craigie Way.

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