SWIFT PAYMENT TECHNOLOGIES LIMITED Financials
- Company number
- 08246355CopyCopy
- Registered office
- Suite 631, The Linen Hall, 162-168 Regent Street, London W1B 5TG
- Incorporated
- 09/10/2012
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-29.02%vs 20232023: £2.05M
Total Assets
-9.18%vs 20232023: £4.32M
Cash in Bank
-62.98%vs 20232023: £152.21K
Total Liabilities
8.69%vs 20232023: £2.27M
Employees
0vs 20232023: 5
In 2024, SWIFT PAYMENT TECHNOLOGIES LIMITED reported net assets of £1.45M. The same filing shows total assets of £3.92M, cash in bank of £56.35K and total liabilities of £2.47M. Reported headcount was 5 in 2024. Net Assets fell from £2.05M in 2023 to £1.45M in 2024 (-29.02%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-29.02%from £2.05M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SWIFT PAYMENT TECHNOLOGIES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1853%vs 2022+342% a year compound (CAGR)
Cash in Bank
-67%vs 2022-42.6% a year compound (CAGR)
Total Assets
+606%vs 2022+166% a year compound (CAGR)
Total Liabilities
+28.9%vs 2022+13.5% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+1853%
£74.39K in 2022 to £1.45M in 2024
Biggest decrease
Cash in Bank-67%
£170.99K in 2022 to £56.35K in 2024
SWIFT PAYMENT TECHNOLOGIES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SWIFT PAYMENT TECHNOLOGIES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 37.03%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 62.97%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 2.28%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.44%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £3.17K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SWIFT PAYMENT TECHNOLOGIES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 74.39K | 2.05M | 1.45M |
| Total Assets£ | 555.59K | 4.32M | 3.92M |
| Cash in Bank£ | 170.99K | 152.21K | 56.35K |
| Total Liabilities£ | 1.92M | 2.27M | 2.47M |
| Employees | 5 | 5 | 5 |
SWIFT PAYMENT TECHNOLOGIES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SWIFT PAYMENT TECHNOLOGIES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
SWIFT PAYMENT TECHNOLOGIES LIMITED reported net assets of £1.45M for 2024. That compares with £2.05M in 2023, a change of -29.02%.
SWIFT PAYMENT TECHNOLOGIES LIMITED reported total assets of £3.92M for 2024. That compares with £4.32M in 2023, a change of -9.18%.
SWIFT PAYMENT TECHNOLOGIES LIMITED reported cash in bank of £56.35K for 2024. That compares with £152.21K in 2023, a change of -62.98%.
SWIFT PAYMENT TECHNOLOGIES LIMITED reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, SWIFT PAYMENT TECHNOLOGIES LIMITED's net assets rose by 1853%, cash in bank fell by 67%, total assets rose by 606% and total liabilities rose by 28.9%. Net assets compounded at 342% a year across the two years to 2024, from £74.39K to £1.45M. Reported headcount went from 5 in 2022 to 5 in 2024.
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.