SWE CONSTRUCTION LIMITED

• ⚠

  Material uncertainty over going concern

  Following the completion of the specific project in June 2025 which is wholly responsible for the income of the company it is envisioned the company will cease to trade on the release of the retention soon after June 2026 and overall within 12 months of the signing of these financial statements. As a consequence, by definition the company is not considered a going concern however it is also considered that no material adjustments would be required in order to present these financial statements alternatively.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +21.3%

  £35,433,896 → £42,989,649

• Cash

  -93.7%

  £1,046,809 → £65,697

  lowest in 3 filed years

• Net assets

  +69.9%

  £1,087,434 → £1,847,941

  highest in 3 filed years

• Employees

  0%

  2 → 2

• Operating profit

  +55.3%

  £523,944 → £813,903

• Profit before tax

  +60.1%

  £633,334 → £1,013,703

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

Wesley Cooper Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Following the completion of the specific project in June 2025 which is wholly responsible for the income of the company it is envisioned the company will cease to trade on the release of the retention soon after June 2026 and overall within 12 months of the signing of these financial statements. As a consequence, by definition the company is not considered a going concern however it is also considered that no material adjustments would be required in order to present these financial statements alternatively.”

Significant events

• “The Company is committed to a specific project and has no plans to continue once completed which is expected to be in the summer of 2026.There will then be 12 month period for snagging and before release of retention.”
• “Following the completion of the specific project in June 2025 which is wholly responsible for the income of the company it is envisioned the company will cease to trade on the release of the retention soon after June 2026 and overall within 12 months of the signing of these financial statements. As a consequence, by definition the company is not considered a going concern.”

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

Filings

4

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.