Swypes Ltd

Swypes Ltd, based in Berkhamsted, UK, is a small, active company founded two years ago. With just two employees and £3,193 in assets, it operates as an e-commerce site selling “The Original Shower in a Sachet,” a plastic-free body wipe. The company has two directors and two owners, and its registered address is a virtual one, shared by forty-four other companies.

The website showcases a calendar-based promotional campaign, highlighting the product's benefits—plastic-free, biodegradable, and suitable for all skin types—and encouraging customers to share their experiences. It’s a clear focus on direct-to-consumer sales, with an emphasis on convenience and eco-friendliness. The site also features a section for stockists and events, suggesting a desire to expand beyond online sales.

Financially, Swypes Ltd is showing some challenges. While the company is small, meeting two of three conditions for a small company, net assets are a negative £36,000. Cash bank on hand is a modest £1,800, and creditors are a significant £39,000. Trade debtors are £1,400, and the company has not reported any employees. The lack of positive equity suggests the business is burning through cash, possibly reinvesting heavily in marketing or inventory. The accounts are unaudited, which is common for small companies exempt from an audit.

The company’s focus on a niche product—plastic-free body wipes—and its direct-to-consumer approach could be a strength, but the negative equity raises concerns about its long-term viability. It’s a young company, and these early-stage financial pressures are not uncommon, but Swypes Ltd will need to carefully manage its cash flow to sustain its growth.

Registered in England/Wales under the registration number 14755897, with a registered address at HP4 2BL, England, Berkhamsted, Hertfordshire, 90a High Street.

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