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SWITCH HEALTH LIMITED Financials

Company number
08593217Copy
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Registered office
Mrib House, 25 Amersham Hill, High Wycombe, Buckinghamshire HP13 6NU
Incorporated
02/07/2013

Company snapshot

Status
Active
Employees
20 (2024)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-48.23K2025
68.49%vs 2024

2024: £-153.09K

Total Assets

£1.02M2025
131.23%vs 2024

2024: £442.14K

Cash in Bank

£501.78K2025
2.42K%vs 2024

2024: £19.94K

Total Liabilities

£964.77K2025
103.95%vs 2024

2024: £473.04K

Employees

202024
-4vs 2023

2023: 24

In 2025, SWITCH HEALTH LIMITED reported net assets of £-48.23K. The same filing shows total assets of £1.02M, cash in bank of £501.78K and total liabilities of £964.77K. Reported headcount was 20 in 2024. Total Assets rose from £442.14K in 2024 to £1.02M in 2025 (131.23%). 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

£-48.23K2025
68.49%from £-153.09K 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 SWITCH HEALTH LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£44.30K2023£-48.23K2025
-209%vs 2023

Cash in Bank

£18.74K2023£501.78K2025
+2578%vs 2023

+417% a year compound (CAGR)

Total Assets

£637.25K2023£1.02M2025
+60.4%vs 2023

+26.7% a year compound (CAGR)

Total Liabilities

£410.34K2023£964.77K2025
+135%vs 2023

+53.3% a year compound (CAGR)

Biggest increase

Cash in Bank+2578%

£18.74K in 2023 to £501.78K in 2025

Biggest decrease

Net Assets-209%

£44.30K in 2023 to £-48.23K in 2025

SWITCH HEALTH LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SWITCH HEALTH 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
-4.72%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
94.37%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
52.01%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
49.08%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 SWITCH HEALTH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£43.31K49.83K44.30K-153.09K-48.23K
Total Assets£441.86K471.38K637.25K442.14K1.02M
Cash in Bank£59.77K80.37K18.74K19.94K501.78K
Total Liabilities£320.76K356.49K410.34K473.04K964.77K
Employees26232420–

SWITCH HEALTH LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SWITCH HEALTH LIMITED filed financial statements?

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

What net assets did SWITCH HEALTH LIMITED report in 2025?

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SWITCH HEALTH LIMITED reported net assets of £-48.23K for 2025. That compares with £-153.09K in 2024, a change of 68.49%.

What total assets did SWITCH HEALTH LIMITED report in 2025?

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SWITCH HEALTH LIMITED reported total assets of £1.02M for 2025. That compares with £442.14K in 2024, a change of 131.23%.

What cash in bank did SWITCH HEALTH LIMITED report in 2025?

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SWITCH HEALTH LIMITED reported cash in bank of £501.78K for 2025. That compares with £19.94K in 2024, a change of 2.42K%.

How many people does SWITCH HEALTH LIMITED employ?

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SWITCH HEALTH LIMITED reported 20 employees in 2024, compared with 24 in 2023.

How have SWITCH HEALTH LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, SWITCH HEALTH LIMITED's net assets fell by 209%, cash in bank rose by 2578%, total assets rose by 60.4% and total liabilities rose by 135%. Cash in bank compounded at 417% a year across the two years to 2025, from £18.74K to £501.78K. No reported indicator grew more than cash in bank over the period.

Which years of SWITCH HEALTH LIMITED financial data are available?

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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.