SWITCHGEAR TECHNOLOGY LIMITED Financials
- Company number
- 05173031CopyCopy
- Registered office
- C/O Accountanova Ltd Bromley Old Town Hall, 30 Tweedy Road, Bromley, Kent BR1 3FE
- Incorporated
- 07/07/2004
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
133.27%vs 20242024: £57.80K
Total Assets
14.41%vs 20242024: £434.12K
Cash in Bank
135.99%vs 20242024: £64.16K
Total Liabilities
-1.52%vs 20242024: £338.60K
Employees
0vs 20242024: 9
In 2025, SWITCHGEAR TECHNOLOGY LIMITED reported net assets of £134.83K. The same filing shows total assets of £496.67K, cash in bank of £151.41K and total liabilities of £333.45K. Reported headcount was 9 in 2025. Cash in Bank rose from £64.16K in 2024 to £151.41K in 2025 (135.99%). 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
133.27%from £57.80K in 2024Year-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 SWITCHGEAR TECHNOLOGY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-30.9%vs 2023-16.9% a year compound (CAGR)
Cash in Bank
+41.5%vs 2023+19% a year compound (CAGR)
Total Assets
-36.6%vs 2023-20.4% a year compound (CAGR)
Total Liabilities
-38.4%vs 2023-21.5% a year compound (CAGR)
Employees
-10%vs 2023-1Biggest increase
Cash in Bank+41.5%
£107.01K in 2023 to £151.41K in 2025
Biggest decrease
Total Liabilities-38.4%
£541.02K in 2023 to £333.45K in 2025
SWITCHGEAR TECHNOLOGY 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SWITCHGEAR TECHNOLOGY 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
- 27.15%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
- 67.14%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
- 45.41%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
- 30.49%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 SWITCHGEAR TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 33.49K | 53.99K | 195.17K | 57.80K | 134.83K |
| Total Assets£ | 141.54K | 209.65K | 783.62K | 434.12K | 496.67K |
| Cash in Bank£ | – | 100.25K | 107.01K | 64.16K | 151.41K |
| Total Liabilities£ | 108.05K | 152.98K | 541.02K | 338.60K | 333.45K |
| Employees | 6 | 7 | 10 | 9 | 9 |
SWITCHGEAR TECHNOLOGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SWITCHGEAR TECHNOLOGY LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SWITCHGEAR TECHNOLOGY LIMITED reported net assets of £134.83K for 2025. That compares with £57.80K in 2024, a change of 133.27%.
SWITCHGEAR TECHNOLOGY LIMITED reported total assets of £496.67K for 2025. That compares with £434.12K in 2024, a change of 14.41%.
SWITCHGEAR TECHNOLOGY LIMITED reported cash in bank of £151.41K for 2025. That compares with £64.16K in 2024, a change of 135.99%.
SWITCHGEAR TECHNOLOGY LIMITED reported 9 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, SWITCHGEAR TECHNOLOGY LIMITED's net assets fell by 30.9%, cash in bank rose by 41.5%, total assets fell by 36.6% and total liabilities fell by 38.4%. Net assets contracted at 16.9% a year across the two years to 2025, from £195.17K to £134.83K. Reported headcount went from 10 in 2023 to 9 in 2025 (-1).
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.