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SWIP LTD Financials

Company number
10831534Copy
Copy
Registered office
Hanover Court, 5 Queen Street, Lichfield, Staffordshire WS13 6QD
Incorporated
22/06/2017

Company snapshot

Status
Active
Employees
51 (2025)
Latest financial data
2025
Accounts type
Group

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£10.38M2025
47.98%vs 2024

2024: £7.01M

Total Assets

£19.24M2025
20.98%vs 2024

2024: £15.91M

Cash in Bank

£3.85M2025
20.10%vs 2024

2024: £3.21M

Total Liabilities

£8.50M2025
-0.30%vs 2024

2024: £8.53M

Employees

512025
+13vs 2024

2024: 38

In 2025, SWIP LTD reported net assets of £10.38M. The same filing shows total assets of £19.24M, cash in bank of £3.85M and total liabilities of £8.50M. Reported headcount was 51 in 2025. Net Assets rose from £7.01M in 2024 to £10.38M in 2025 (47.98%). Okredo holds filed figures for 2021–2025; 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

£10.38M2025
47.98%from £7.01M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SWIP LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£4.17M2023£10.38M2025
+149%vs 2023

+57.8% a year compound (CAGR)

Cash in Bank

£4.97M2023£3.85M2025
-22.5%vs 2023

-12% a year compound (CAGR)

Total Assets

£11.06M2023£19.24M2025
+73.9%vs 2023

+31.9% a year compound (CAGR)

Total Liabilities

£6.54M2023£8.50M2025
+30.1%vs 2023

+14.1% a year compound (CAGR)

Employees

132023512025
+292%vs 2023+38

Biggest increase

Employees+292%

13 in 2023 to 51 in 2025

Biggest decrease

Cash in Bank-22.5%

£4.97M in 2023 to £3.85M in 2025

SWIP LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 SWIP LTD'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
53.94%2025
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
44.19%2025
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
45.33%2025
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
20.03%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SWIP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£823.57K1.91M4.17M7.01M10.38M
Total Assets£2.93M–11.06M15.91M19.24M
Cash in Bank£1.52M2.26M4.97M3.21M3.85M
Total Liabilities£2.11M–6.54M8.53M8.50M
Employees69133851

SWIP LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SWIP LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SWIP LTD reported net assets of £10.38M for 2025. That compares with £7.01M in 2024, a change of 47.98%.

SWIP LTD reported total assets of £19.24M for 2025. That compares with £15.91M in 2024, a change of 20.98%.

SWIP LTD reported cash in bank of £3.85M for 2025. That compares with £3.21M in 2024, a change of 20.10%.

SWIP LTD reported 51 employees in 2025, compared with 38 in 2024.

Between 2023 and 2025, SWIP LTD's net assets rose by 149%, cash in bank fell by 22.5%, total assets rose by 73.9% and total liabilities rose by 30.1%. Net assets compounded at 57.8% a year across the two years to 2025, from £4.17M to £10.38M. Reported headcount went from 13 in 2023 to 51 in 2025 (+38).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.