SWIFT ADVANCES PLC
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-16 (in 9mo)
Last made up 2026-02-02
Watchouts
None on the register
Cash
£669K
+39.4% vs 2024
Net assets
£25M
-34% vs 2024
Employees
87
0% vs 2024
Profit before tax
£4M
-24.4% vs 2024
Name history
Renamed 3 times since incorporation
- SWIFT ADVANCES PLC 2004-05-13 → present
- SWIFT ADVANCES LIMITED 2004-05-11 → 2004-05-13
- SWIFT ADVANCES PLC 1995-04-01 → 2004-05-11
- PURBECK HOUSE SECURITIES LIMITED 1984-03-15 → 1995-04-01
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £4,140,000 | £2,514,000 | |
| Operating profit | £1,013,000 | £268,000 | |
| Profit before tax | £5,868,000 | £4,437,000 | |
| Net profit | £5,635,000 | £3,501,000 | |
| Cash | £480,000 | £669,000 | |
| Total assets less current liabilities | £38,433,000 | £25,437,000 | |
| Net assets | £38,220,000 | £25,221,000 | |
| Equity | £38,220,000 | £25,221,000 | |
| Average employees | 87 | 87 | |
| Wages | £5,759,000 | £6,039,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 24.5% | 10.7% | |
| Net margin | 136.1% | 139.3% | |
| Return on capital employed | 2.6% | 1.1% | |
| Current ratio | 4.00x | 2.04x |
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
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing whether the going concern basis of preparation is appropriate to adopt, the Directors considered a number of factors including the Company's net asset position and financial projections as well as the fact that it holds net current liabilities. The Company operates as part of the Kestrel Group. The Kestrel Group's performance”
Group structure
- SWIFT ADVANCES PLC · parent
- Swift 1st Limited 100%
Significant events
- “On 14 May 2025, following a recent strategic review, the Group announced a business-wide restructuring plan. As a result of this, the workforce has been rationalised with an estimated associated cost of £0.6m.”
- “On 16 June 2025, the Company declared and paid a dividend of £6.6m to its shareholder.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCCONNELL, Stephen Francis | Secretary | 2014-04-25 | — | — |
| BROOKS, Amanda | Director | 2007-05-03 | May 1965 | British |
| PUNCH, Andrew Robert | Director | 2010-07-16 | Mar 1960 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARWICK, Bernard Robert | Secretary | 2009-10-30 | 2010-11-19 |
| BARWICK, Bernard Robert | Secretary | 2004-05-12 | 2007-04-30 |
| BOLLAND, David Paul | Secretary | 2010-11-19 | 2014-04-25 |
| LO, Sunny Ho Sun | Secretary | 2007-04-30 | 2008-12-18 |
| MARTIN, Montagu St.John | Secretary | 1996-12-13 | 1998-01-01 |
| MYERS, Dennis Edward | Secretary | — | 1998-01-01 |
| MYERS, Patricia Ann | Secretary | 1998-01-01 | 2004-05-12 |
| ROSENBERG, Robert Alan Joseph | Secretary | 2008-12-18 | 2009-10-30 |
| BARWICK, Bernard Robert | Director | 2004-05-06 | 2010-11-19 |
| BOLLAND, David Paul | Director | 2010-11-19 | 2014-04-25 |
| HENDERSON, Joanne | Director | 2003-08-21 | 2004-05-12 |
| INGRAM, Nigel Jeffrey Martin | Director | 2007-05-09 | 2008-10-23 |
| LO, Sunny Ho Sun | Director | 2005-05-03 | 2007-04-30 |
| MYERS, Dennis Edward | Director | — | 2004-05-12 |
| MYERS, Patricia | Director | — | 2004-05-12 |
| WEBSTER, John Alfred | Director | 2006-02-01 | 2011-08-12 |
| WOOLCOTT, Simon Nicholas Lewis | Director | 2004-05-06 | 2005-08-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kestrel 2 Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-10-08 | Active |
| Kestrel Acquistions Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2020-10-08 |
Filing timeline
Last 20 of 239 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-03 | AA | accounts | Accounts with accounts type full | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-05-31 | AUD | auditors | Auditors resignation company | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-30 | AUD | auditors | Auditors resignation company | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-27 | AA | accounts | Accounts with accounts type group | |
| 2022-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-11 | AA | accounts | Accounts with accounts type group | |
| 2021-02-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-10-23 | CH01 | officers | Change person director company with change date | |
| 2020-10-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-10-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-10-12 | AA | accounts | Accounts with accounts type group | |
| 2020-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
-39.3%
£4,140,000 £2,514,000
-
Cash
+39.4%
£480,000 £669,000
-
Net assets
-34%
£38,220,000 £25,221,000
-
Employees
0%
87 87
-
Operating profit
-73.5%
£1,013,000 £268,000
-
Profit before tax
-24.4%
£5,868,000 £4,437,000
-
Wages
+4.9%
£5,759,000 £6,039,000
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