RAMP SWAPS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +43.9%

  £150,607,883 → £216,753,709

• Cash

  -34.7%

  £1,665,179 → £1,087,399

• Net assets

  -10.4%

  -£35,045,510 → -£38,673,020

  lowest in 5 filed years

• Employees

  +23.8%

  21 → 26

  highest in 4 filed years

• Operating profit

  +58.4%

  -£8,066,339 → -£3,355,731

• Profit before tax

  +53.2%

  -£8,541,813 → -£3,994,531

• Wages

  +6.1%

  £3,670,651 → £3,893,283

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. For the year ended 31 December 2024, the Company was in a loss making and net liability position. The Company has also been forecasted to be loss making for the next twelve months from the end of the financial year. This has significantly impacted the going concern status of the Company and a letter of support has been obtained, confirming the group will provide financial support for the foreseeable future. The group has a forecasted cash runway of over 24 months with no further investment. The UK entity is considered the main vehicle for the group, as a result, resources are centered on continued funding for the UK. The directors therefore consider it appropriate to apply the going concern basis of accounting in preparing the financial statements.”

Significant events

• “Since the end of the fiscal year, the Company has undergone key leadership changes. In Q1 2025, the Company's Chief Executive Officer resigned from his position, alongside other senior executives. To ensure continuity and maintain strategic alignment, the board appointed one of the Company's co-founders as the new Chief Executive Officer. Several other leadership roles have also been filled, drawing on both internal talent and external expertise.”

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

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.