Swytch Technology Ltd
- Active
- Holding
- 8 years
- 64 employees
- £2,259,663 (cur assets)
- £10,510,547 (revenue)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 2 directors
- No owners
- London
- Rating 1.0 (1)
The directors list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Swytch Technology Ltd, based in London, UK, is a holding company with an active status, established seven years ago. Employing 64 people, the company holds £2,259,663 in assets and generates a yearly revenue of £10,510,547. It operates from a real address and is managed by five directors and one owner. Swytch Technology Ltd runs an e-commerce site and regularly imports toys, games, and sports equipment (for 40 months), and exports vehicles, parts, and accessories (for 20 months). However, its Google rating is a concerning 1.0 based on just one review.
The company’s website showcases a focus on e-bike conversion kits, targeting both the UK and international markets. It emphasizes innovative technology and a commitment to sustainable transportation. The site is well-designed and user-friendly, highlighting the benefits of converting existing bikes into electric models. It's clearly geared toward online retail.
Financially, Swytch Technology Ltd presents a mixed picture. While turnover remained stable at £11 million, net assets took a significant hit, dropping 73% to just £16,000. Cash reserves plummeted 82%, leaving only £480,000. Bank borrowings increased by a substantial 63%, reaching £630,000. Creditors also rose by 35%, suggesting increased reliance on short-term financing. The company’s staff costs decreased by 21%, with only 38 employees reported, which could reflect efforts to reduce expenses. It’s worth noting that the company is exempt from an audit as a small company.
These figures suggest Swytch Technology Ltd is facing financial pressures, despite its revenue. The sharp decline in equity and cash reserves is a cause for concern, and the increased borrowings indicate a need for external funding. The decrease in staff could be a strategic move to cut costs, but it could also reflect difficulties in maintaining operations. The low Google rating is also a red flag, and the company should focus on improving customer satisfaction to boost its online reputation.
Registered in England/Wales under the registration number 10932147, with a registered address at E3 2TB, England, London, Unit 2a 455 Wick Lane.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 7 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
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Statement of capital following an allotment of shares on 2026-03-10Download 3 pages pdf report
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Registered office address changed from Unit 5 455 Wick Lane London Greater London E3 2TB England to Unit 2a 455 Wick Lane London E3 2TB on 2026-02-23Download 1 page pdf report
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Cessation of Oliver Montague as a person with significant control on 2025-11-26Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Swytch Technology Ltd
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