Switchserve Limited

Switchserve Ltd, based in Bourne, UK, is a small, holding company with an active status. Established fifteen years ago in November 2009, the company employs eleven people and holds £947,351 in assets. It operates from a real address and is managed by two directors and one owner, boasting a perfect 5.0 Google rating from just two reviews. Switchserve is a regular importer of electrical machinery and equipment, with nineteen months of import activity recorded, the last in October 01, 2024.

The company’s website details a family-owned business providing installation, maintenance, and modification services for low voltage switchgear. It specializes in air circuit breakers and associated products, offering services from testing to upgrades. Switchserve is a Mitsubishi LV Systems Specialist, providing technical help and maintenance solutions. The site lists a comprehensive range of air circuit breaker types supported, alongside other services like power analysis and retrofitting. The company is accredited by ISO 9001, 14001, and 45001, demonstrating a commitment to quality, environmental management, and health and safety.

Financially, Switchserve Ltd shows a mixed picture. Current assets have decreased by 25% to £950,000, while net assets also dropped by 8.7% to £730,000. Bank borrowings have decreased by 59%, reaching £46,000, and cash reserves fell 69% to £120,000. Trade debtors have plummeted by 66%, suggesting improved collection, and creditors decreased by 59%, indicating better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures rely on unaudited statements.

In short, Switchserve Ltd appears to be navigating a period of financial adjustment, but its strong accreditations and specialized services position it well within the electrical equipment industry. The company’s focus on Mitsubishi systems and its commitment to quality suggest a sustainable business model, despite the recent financial shifts.

Registered in England/Wales under the registration number 07071529, with a registered address at PE10 0HH, England, Bourne, Lincolnshire, The Barn 59 Northorpe, Thurlby.

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