THOMAS SWAN & CO.LIMITED
Get an alert when THOMAS SWAN & CO.LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-12 (in 8mo)
Last made up 2025-12-29
Watchouts
None on the register
Cash
£159K
-72% vs 2024
Net assets
£22M
-5.8% vs 2024
Employees
144
-6.5% vs 2024
Profit before tax
-£531K
-39.9% vs 2024
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £33,852,537 | £35,356,533 | |
| Operating profit | — | -£1,193,661 | -£997,975 | |
| Profit before tax | — | -£379,254 | -£530,624 | |
| Net profit | — | -£83,960 | -£239,690 | |
| Cash | — | £567,515 | £159,088 | |
| Total assets less current liabilities | — | £24,925,953 | £22,695,806 | |
| Net assets | — | £23,602,683 | £22,224,030 | |
| Equity | £24,522,091 | £23,602,683 | £22,224,030 | |
| Average employees | — | 154 | 144 | |
| Wages | — | £7,964,006 | £7,594,152 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | -3.5% | -2.8% | |
| Net margin | — | -0.2% | -0.7% | |
| Return on capital employed | — | -4.8% | -4.4% | |
| Current ratio | — | 3.41x | 3.00x | |
| Interest cover | — | -8.97x | -11.31x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the factors set out above the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. The group meets its day to day working capital requirements through cash generated from operations, overdraft facilities and external borrowings as required. The group's forecasts and projections for the next twelve months show that the company should be able to continue in operational existence for that period, taking into account reasonable possible changes in trading performance.”
Group structure
- THOMAS SWAN & CO.LIMITED · parent
- Swan Chemical Inc 100%
- Cambridge Photonics Limited 100%
- Thomas Swan (Shanghai) Co. Limited 100%
- Orsynetics Limited 100%
- Parallel Photonic Systems Limited 100%
- Cygnet Images Limited 100%
- Thomas Swan Opelika Inc 100%
Significant events
- “The group continues to strive to expand, both by internal growth and by acquisition.”
- “The Company intends to continue developing its products and selling into new markets to increase profitability. The Company will also continue to invest in its capital equipment to improve both its operating capacity and profitability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAVET, David Mitchell | Secretary | 2005-10-05 | — | British |
| CAVET, David Mitchell | Director | 1998-06-25 | Jun 1964 | British |
| FIELDING, Alison Margaret, Dr | Director | 2021-08-18 | Aug 1964 | British |
| HILLIER, Graham Stewart | Director | 2018-11-14 | Nov 1958 | British |
| PAWLAK, Marek Stefan | Director | 2024-02-29 | Jan 1975 | British |
| PORTER, Thomas Carl, Dr | Director | 2024-02-29 | Nov 1969 | British |
| SWAN, Harry Macklyn | Director | 2006-04-06 | Jan 1976 | British |
| WIGGINS, Keith Alan | Director | 2019-02-19 | Apr 1964 | British |
| WILSON, Stephen | Director | 2024-02-29 | Jan 1977 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WATSON, Norman | Secretary | — | 2005-10-05 |
| BLAKER, Graham Joseph, Dr | Director | 1999-01-01 | 2008-07-31 |
| BONAS, Ian George | Director | 1997-01-01 | 2018-11-14 |
| CARNEY, John George | Director | — | 1995-03-10 |
| GRESHAM, David Paul | Director | 2006-02-09 | 2019-11-13 |
| HAYWARD, David Christopher | Director | 1995-04-03 | 2005-05-03 |
| HUNT, Eric Millman | Director | — | 1998-06-25 |
| LEWINTON, Stephen Christopher, Mr. | Director | 2004-04-02 | 2008-02-07 |
| NAPUK, Kerry Frederick | Director | — | 1997-05-13 |
| PUCKRIDGE, James Martin Combe | Director | 1998-02-01 | 2005-12-07 |
| RICHARDSON, Ernest Arthur | Director | 2010-08-03 | 2021-11-10 |
| SWAN, Nicola Louise | Director | 2021-08-18 | 2022-06-10 |
| SWAN, Thomas Macklyn | Director | — | 2018-01-20 |
| WATSON, Norman | Director | — | 2005-10-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Thomas Swan Holdings Ltd | Corporate entity | Shares 75–100% | 2018-01-21 | Active |
| Mr Thomas Macklyn Swan | Individual | Significant influence | 2016-04-06 | Ceased 2018-01-20 |
Filing timeline
Last 20 of 164 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-18 | AA | accounts | Accounts with accounts type group | |
| 2025-10-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-17 | AA | accounts | Accounts with accounts type group | |
| 2024-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-11 | AA | accounts | Accounts with accounts type group | |
| 2024-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | CH01 | officers | Change person director company with change date | |
| 2023-10-05 | CH01 | officers | Change person director company with change date | |
| 2023-10-05 | CH03 | officers | Change person secretary company with change date | |
| 2023-04-03 | AA | accounts | Accounts with accounts type group | |
| 2023-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-05 | AA | accounts | Accounts with accounts type group | |
| 2022-01-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-11 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+4.4%
£33,852,537 £35,356,533
-
Cash
-72%
£567,515 £159,088
-
Net assets
-5.8%
£23,602,683 £22,224,030
-
Employees
-6.5%
154 144
-
Operating profit
+16.4%
-£1,193,661 -£997,975
-
Profit before tax
-39.9%
-£379,254 -£530,624
-
Wages
-4.6%
£7,964,006 £7,594,152
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers