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Cash

£2.6m

-8.6% vs 2025

Net assets

£1.9m

+3.8% highest in 6 filed years

Employees

8

0% vs 2025

Profit before tax

£119k

-11.1% vs 2025

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31 Δ vs prior
Turnover £29,411,480£60,269,430£58,214,910£40,112,761£37,245,951£33,475,500 -10.1%
Operating profit £648,578£940,173£1,173,012£1,216,583£1,250,715£1,184,022 -5.3%
Profit before tax £63,016£105,082£241,136£143,614£134,272£119,340 -11.1%
Net profit £58,866£45,041£256,253£99,944£109,454£69,389 -36.6%
Cash £909,438£3,012,156£2,386,272£6,509,393£2,800,962£2,559,754 -8.6%
Total assets less current liabilities £1,299,139£1,344,180£1,600,276—£1,809,832£1,879,221 +3.8%
Net assets £1,298,982£1,344,023£1,600,276£1,700,378£1,809,832£1,879,221 +3.8%
Equity £1,298,982£1,344,023£1,600,276£1,700,378£1,809,832£1,879,221 +3.8%
Average employees 888888 0%
Wages £705,759£1,007,400£1,145,790£866,599£541,251£504,415 -6.8%
Directors' remuneration £271,259£544,733£613,800£394,850£294,000£303,417 +3.2%
Directors' pension contributions ———£22,600£27,000£65,000 +140.7%
Highest paid director ———£442,250£265,000£140,000 -47.2%

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating margin 2.2%1.6%2.0%3.0%3.4%3.5%
Net margin 0.2%0.1%0.4%0.2%0.3%0.2%
Return on capital employed 49.9%69.9%73.3%—69.1%63.0%
Gearing (liabilities / total assets) 92.1%95.4%92.2%—89.2%90.5%
Current ratio ———1.10x1.12x1.10x
Interest cover 1.11x1.13x1.26x1.04x1.00x0.98x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. KROMAT TRADING LIMITED 1986-04-03 → present
  2. SWIFT 1098 LIMITED 1985-11-13 → 1986-04-03

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Cottons Accountants LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing...”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 1 resigned

Name Role Appointed Born Nationality
CAMPBELL, Paul Roy Secretary — — British
GOUGH, Andrew Edward Director 2013-10-25 Apr 1958 British
HICKSON, Andrew Richard Director 2021-05-07 Aug 1978 British
KNOWLES, Simon John Director — Feb 1956 British
WATT, Godfrey George Director 1996-04-22 Mar 1951 British
Show 1 resigned officer
Name Role Appointed Resigned
LOPEZ-MANCISIDOR, Luis Director — 2006-09-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
South West Structurals Limited Corporate entity Significant influence 2016-07-15 Active

Filing timeline

Last 20 of 159 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-04-19 MA Memorandum articles
  • 2023-04-19 RESOLUTIONS Resolution
Date Type Category Description
2026-09-04 AA accounts Accounts with accounts type full PDF
2026-07-15 MR04 mortgage Mortgage satisfy charge full PDF
2026-06-25 MR04 mortgage Mortgage satisfy charge full PDF
2026-06-25 MR04 mortgage Mortgage satisfy charge full PDF
2026-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-16 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-09-29 AD01 address Change registered office address company with date old address new address PDF
2025-08-05 AA accounts Accounts with accounts type full PDF
2025-07-31 CH01 officers Change person director company with change date PDF
2025-06-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-10 CH03 officers Change person secretary company with change date PDF
2024-08-21 AA accounts Accounts with accounts type full PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-06-28 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-06-28 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-22 AA accounts Accounts with accounts type full PDF
2023-06-19 CS01 confirmation-statement Confirmation statement with updates PDF
2023-04-19 MA incorporation Memorandum articles
2023-04-19 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page