SWIFT GROUP LIMITED
Get an alert when SWIFT GROUP 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
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2026-05-14
Overdue
Watchouts
Cash
£8M
-38% vs 2023
Net assets
£60M
-2.6% vs 2023
Employees
1,225
-5.3% vs 2023
Profit before tax
-£4M
-131% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-14.
Name history
Renamed 1 time since incorporation
- SWIFT GROUP LIMITED 1991-08-31 → present
- SWIFT CARAVANS LIMITED 1965-01-01 → 1991-08-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Turnover | £321,745,000 | £300,935,000 | |
| Operating profit | £14,789,000 | -£427,000 | |
| Profit before tax | £13,180,000 | -£4,084,000 | |
| Net profit | £11,289,000 | -£1,613,000 | |
| Cash | £12,491,000 | £7,744,000 | |
| Total assets less current liabilities | £65,238,000 | £64,506,000 | |
| Net assets | £61,254,000 | £59,643,000 | |
| Equity | £61,254,000 | £59,643,000 | |
| Average employees | 1,293 | 1,225 | |
| Wages | £42,086,000 | £40,525,000 |
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 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Operating margin | 4.6% | -0.1% | |
| Net margin | 3.5% | -0.5% | |
| Return on capital employed | 22.7% | -0.7% | |
| Current ratio | 1.62x | 0.83x | |
| Interest cover | 111.20x | -0.84x |
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
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In light of the above, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “During the year the Company had two longstanding dealerships go into administration following a downturn in trading. In the event of a dealer default and as part of the legal obligations with the respective finance providers, the Company has an obligation to buy-back any unsold stock under 12 months old. These units are then remarketed through the wider network at the cost of the Company.”
- “Restructuring costs reflect amounts paid to employees as part of the redundancy exercise which occurred during the financial year. Amounts paid reflect the payments in lieu of notice periods alongside legally entitled redundancy payments.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Peter Mutlow | Director | 2025-07-18 | Sep 1949 | British |
| SPACEY, Andrew | Director | 2012-07-18 | Jan 1968 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARTLEY, Gordon | Secretary | 2012-07-18 | 2015-08-04 |
| BRAYSHAW, Keith | Secretary | 2015-09-08 | 2016-06-23 |
| BRAYSHAW, Keith | Secretary | — | 2012-07-18 |
| SMEATON, Richard Paul | Secretary | 2016-06-23 | 2020-08-18 |
| WRIGHT, Benjamin | Secretary | 2023-08-31 | 2025-08-08 |
| ANWYLL, Joseph | Director | 1999-10-26 | 2005-12-14 |
| ARCHER, Amy Charlotte | Director | 2012-07-18 | 2025-07-14 |
| ARTLEY, Gordon | Director | 2012-07-18 | 2015-08-04 |
| BRAYSHAW, Keith | Director | 2012-07-11 | 2012-07-18 |
| BUCKLEY, James Peter | Director | 2011-02-28 | 2011-06-17 |
| CRAY, Martyn | Director | 2015-12-07 | 2017-01-24 |
| DODD, Ian James | Director | 1993-11-25 | 1995-03-01 |
| EDWARDS, David Peter | Director | 2006-03-09 | 2011-03-10 |
| GURLING, Geoffrey | Director | 1993-11-25 | 1998-09-23 |
| HAILEY, John Anthony | Director | — | 2004-02-10 |
| KEMP, George William | Director | 1998-09-25 | 2002-02-21 |
| MILBURN, Christopher | Director | 2012-07-18 | 2025-02-05 |
| PAGE, Nicholas John | Director | 2012-07-18 | 2022-09-30 |
| RAPER, Graham | Director | 2012-07-18 | 2021-09-30 |
| SHIPP, Ronald Malcolm | Director | — | 1993-11-24 |
| SMEATON, Richard Paul | Director | 2016-06-23 | 2020-08-18 |
| SMITH, Joan | Director | — | 2004-02-10 |
| SMITH, Peter Mutlow | Director | — | 2012-07-18 |
| TROSSELL, Steven Paul | Director | 1994-10-05 | 1996-08-18 |
| TURNER, James Stewart | Director | 2012-07-18 | 2024-10-01 |
| WILKINSON, Timothy Peter | Director | — | 2004-02-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Swift Acquisitions Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 162 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-28 | AA | accounts | Accounts with accounts type full | |
| 2025-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-31 | AA | accounts | Accounts with accounts type full | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-05-09 | AA | accounts | Accounts with accounts type full | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-09 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2022-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-16 | AA | accounts | Accounts with accounts type full | |
| 2021-11-15 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-18 | AA | accounts | Accounts with accounts type full | |
| 2020-08-28 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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
FY2023 → FY2024 · period ending 2024-08-31 vs 2023-08-31
-
Turnover
-6.5%
£321,745,000 £300,935,000
-
Cash
-38%
£12,491,000 £7,744,000
-
Net assets
-2.6%
£61,254,000 £59,643,000
-
Employees
-5.3%
1,293 1,225
-
Operating profit
-102.9%
£14,789,000 -£427,000
-
Profit before tax
-131%
£13,180,000 -£4,084,000
-
Wages
-3.7%
£42,086,000 £40,525,000
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