Swordfish Advertising Limited

Swordfish Advertising Ltd from Bristol UK: a small, holding company with an active status, was founded 23 years ago. The company employs 43 people and holds £2,665,828 in assets. It has a real address, four directors, and one owner. It’s an irregular importer of none, with just one month of imports recorded back in 2019.

Swordfish Advertising operates as a full-service creative agency, specializing in healthcare and animal health brands. Their website highlights a focus on reimagining healthcare communications, offering services ranging from data insight and brand strategy to digital technology and scientific communications. They boast a client list including major pharmaceutical companies, and their testimonials emphasize a collaborative, value-driven partnership. The company's website clearly indicates a business model centered around providing creative advertising and marketing services—it's not an e-commerce operation.

Financially, Swordfish Advertising’s report reveals some concerning trends. Accumulated depreciation for computer equipment decreased by 14%, which is good, but overall net assets remained flat. Cash bank on hand dropped by 15% to £1.7 million, and current assets declined by 14% to £2.7 million. Trade debtors also decreased significantly, dropping 20% to £690,000. Despite these declines, creditors decreased by 50%, suggesting improved management of short-term debts. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is consistent with this status.

While the company appears to be well-regarded by its clients, the financial data suggests a potential need for careful management. The decrease in cash reserves and the flat net assets raise questions about the company's long-term financial health. The decrease in bank borrowings is a positive sign, but the overall picture indicates a business that may be facing some financial pressures.

Registered in England/Wales under the registration number 04410187, with a registered address at BS1 6ZU, England, Bristol, Suite First Floor West Cargo Work, Cumberland Road.

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