Switch On Ltd

Switch On Ltd from Dudley, UK, is a small, active company founded seven years ago in 1997. Employing fifteen people, it holds £2,088,223 in assets and operates from a real address. The company is led by one director and owner, Kolotouros Dimitrios, who is also the solo founder. It’s a regular importer of electrical machinery and equipment, with six months of import activity recorded, the last operation being in February 2025.

The company’s website showcases a specialized engineering firm primarily focused on renewable energy generation projects. Switch On Ltd offers a comprehensive range of services, from project management and design to procurement, construction, and operation maintenance. It emphasizes its experienced engineering team and ability to deliver complex schemes on time and within budget, highlighting its expertise in solar design, construction, and operation. The website also features contact information, accreditation details (ECA, CHAS, SMAS, SAFECONTRACTOR, CONSTRUCTIONLINE), and a link to its LinkedIn page.

Financially, Switch On Ltd shows a mixed picture. Cash reserves increased by 40% to £1.5 million, while bank borrowings jumped significantly to £30,000. Current assets also grew by 41% to £2.1 million, but net losses deepened to -£23,000. Creditors increased by 39% to £900,000, and trade debtors ballooned by 38% to £530,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The increase in bank borrowings and the deepening losses suggest that Switch On Ltd might be burning through cash to fuel its growth. However, the growth in assets and the increase in cash reserves indicate that the company is still able to generate revenue. The company’s focus on renewable energy projects, combined with its experienced team, positions it well for future growth—though careful management of its finances will be crucial.

Registered in England/Wales under the registration number 11115855, with a registered address at DY1 2AW, United Kingdom, Dudley, West Midlands, The Old Doctor's House, 74 Grange Road.

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