Swift Engineering Services Derby Limited

Key Facts

Net Assets

Current: £499,342

Previous: £471,139

Change: +28,203 (+6%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £483,136

Previous: £472,366

Change: +£10,770 (+2.3%)

Comment: Current assets increased slightly.

Cash

Current: £145,689

Previous: £187,517

Change: -£41,828 (-22.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £276,632

Previous: £247,588

Change: +£29,044 (+11.7%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £206,504

Previous: £224,778

Change: -£18,274 (-8.1%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 12

Previous: 13

Change: -1 (-7.7%)

Comment: A slight contraction.