UK Companies House feature
SWIG FINANCE LIMITED
Cash
£3M
+2.4% vs 2024
Net assets
£3M
+3.2% vs 2024
Employees
25
+13.6% vs 2024
Profit before tax
—
Period ending 2025-03-31
Profile
- Company number
- 02688108
- Status
- Active
- Incorporation
- 1992-02-17
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
6-year trend · vs UK Fintech median
SWIG FINANCE LIMITED
SWIG FINANCE LIMITED
SWIG FINANCE LIMITED
SWIG FINANCE LIMITED
Accounts
6-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | — | |
| Cash | £1,854,724 | £2,425,190 | £3,403,296 | £2,163,108 | £3,018,696 | £3,090,140 | |
| Total assets less current liabilities | £4,137,078 | £5,775,954 | £9,610,292 | £10,137,964 | £10,103,834 | £7,571,470 | |
| Net assets | £2,137,078 | £2,475,954 | £2,560,292 | £2,636,873 | £3,007,036 | £3,102,095 | |
| Equity | £2,137,078 | £2,475,954 | £2,560,292 | £2,636,873 | £3,007,036 | £3,102,095 | |
| Average employees | 22 | 25 | 26 | 24 | 22 | 25 | |
| Wages | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated (group)
- Auditor
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board considers it is appropriate for the accounts to be prepared on a going concern basis for the reasons set out above and especially given the Group's strong balance sheet and cash reserves outlined which provides sufficient headroom to deal with any potential loan write offs that may occur in the next 12 months from the date of approval of the financial statements.”
Subsidiaries
- SWIG CIP Limited · 100% held · England and Wales
- SWIG SWIF Smaller loans GP Limited · 100% held · England and Wales
- SWIG 7 Limited · 100% held · England and Wales
- SWIG Newco Limited · 100% held · England and Wales
Significant events
- “The financial year 24/25 was broadly consistent with the prior year, in which we deployed 501 loans worth £14.8m (23/24 - £14m) to SMEs and start-ups, resulting in the creation or safeguarding of 1,272 jobs.”
- “The group continued to be an accredited provider of the British Business Bank's guarantee schemes.”
- “Accessing these funds enabled us to continue lending up to £250k in our region to viable SMEs. The access and accreditation took longer than originally forecast which had a direct impact on our delivery capacity and financial results.”
- “We also repaid our second facility raised from Triodos Bank (in 2019).”
- “The group formed two new subsidiaries for the operation of the Fund.”
- “During the year we experienced staff changes that impacted our capacity at various points.”
- “In the year ended March 2025, the company made a further £30,000 loan to the SWIF Smaller Loans Limited Partnership.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 50 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BULLEN, David Martin | Secretary | 2020-12-02 | — | — |
| BROWN, David Ian | Director | 2023-05-01 | Dec 1962 | British |
| BULLEN, David Martin | Director | 2020-11-11 | May 1976 | British |
| PRITCHARD, Rebecca Lee | Director | 2020-12-09 | Mar 1960 | British |
| WILDE, Matthew Simon | Director | 2025-10-25 | Mar 1994 | British |
Show 50 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KENNAWAY, Ian Munro | Secretary | 1995-10-18 | 2003-03-24 |
| PETERS, John William | Secretary | 2016-03-18 | 2020-12-02 |
| POOLEY, Nicola Louise | Secretary | 2003-03-24 | 2016-03-18 |
| CORNWALL ENTERPRISE BOARD INVESTMENTS LIMITED | Corporate Secretary | 1992-02-12 | 1995-10-18 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1992-02-12 | 1992-02-17 |
| ADAMS, Garry David | Director | 1994-06-17 | 1997-01-03 |
| ALLISON, Christine Helen, Dr | Director | 2017-05-01 | 2023-08-14 |
| ARMSTRONG, John William Andrew | Director | 1994-06-17 | 1996-05-16 |
| BAKER, William Richard | Director | 2017-03-01 | 2022-10-31 |
| BEAUMONT, David Paul | Director | 2000-12-06 | 2009-03-18 |
| BERRY, John Richard | Director | 1992-02-12 | 2009-03-18 |
| BOND, Marian Joy | Director | 2012-08-09 | 2016-12-31 |
| BUTTERS, Christopher Charles | Director | 2020-12-09 | 2023-04-30 |
| CARPENTER, Richard Derek | Director | 2012-03-13 | 2017-03-31 |
| CASEY, Peter Christopher | Director | 2009-03-18 | 2022-10-31 |
| CHAKRABARTI-GALLEMORE, Jaya | Director | 2017-05-01 | 2022-10-31 |
| CROSS, Robert George | Director | 1993-07-05 | 1994-06-17 |
| DAVIDSON, Paul Whiteley | Director | 2000-12-06 | 2007-02-15 |
| DUGUID, Peter Winston Gordon | Director | 2014-07-22 | 2022-10-31 |
| ELLIOTT, Frederick Potter | Director | 2002-12-17 | 2007-02-28 |
| FRY, Robert Adam | Director | 2004-05-11 | 2008-08-20 |
| HICHENS, Robert Enys | Director | 1998-05-28 | 2013-03-20 |
| JACQUES, Joseph Francis | Director | 1992-04-29 | 1993-07-05 |
| JOHNS, Jonathan Henry | Director | 2017-05-01 | 2020-06-30 |
| KERKIN, Courtney James | Director | 1997-02-20 | 2000-06-14 |
| KIRBY, Peter William | Director | 2001-10-04 | 2004-05-11 |
| KITLEY, David Timothy Alan | Director | 1994-06-17 | 1999-12-01 |
| LIGHTFOOT, Andrew John | Director | 2005-12-01 | 2009-03-18 |
| LOMAX, Colin | Director | 2000-12-06 | 2002-06-27 |
| MARRIOTT, Mark Royston | Director | 2008-08-20 | 2009-02-02 |
| MCCARTHY, Janet Elizabeth | Director | 2003-12-16 | 2005-12-01 |
| MCREYNOLDS, Malachy Andrew Conleth | Director | 2017-03-01 | 2021-06-30 |
| NICOL, Stuart Fleming | Director | 1993-08-04 | 1994-06-17 |
| PARKER, Nicola Jane | Director | 2025-06-01 | 2026-04-24 |
| PATTISON, David Muir | Director | 1997-10-22 | 1999-12-01 |
| PATTISON, David Muir | Director | 1994-12-13 | 1997-07-28 |
| PERRATON, John Paul | Director | 1992-04-29 | 1997-01-08 |
| PETERS, John William | Director | 2014-03-27 | 2026-04-01 |
| PHILP, James Marshall | Director | 1992-04-29 | 1993-08-04 |
| QUINNELL, Alastair Hugh | Director | 1995-05-02 | 2000-12-06 |
| REES-EVENS, John Adrian | Director | 1992-02-12 | 1994-05-31 |
| SAVILL, David Charles | Director | 2009-11-13 | 2018-06-30 |
| SHARP, Jeremy Charles Granville | Director | 1996-09-19 | 2000-07-24 |
| SIMMONS, Albert Frederick Thomas, County Councillor | Director | 1992-07-24 | 1995-05-02 |
| SMITH, Paul Ronald | Director | 1992-04-29 | 1994-08-05 |
| SMITH, Stephen William | Director | 2001-10-04 | 2002-06-27 |
| SMITH, Susan | Director | 2002-10-18 | 2003-12-16 |
| WELLS, Caroline Ann | Director | 2010-03-23 | 2011-02-23 |
| WILLIAMS, Charles Henry | Director | 1992-04-29 | 2011-12-06 |
| WILSON, Darren | Director | 2006-06-16 | 2007-02-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| South West Investment Group Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 198 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-30 | TM01 | officers | termination director company with name termination date |
| 2026-04-30 | TM01 | officers | termination director company with name termination date |
| 2026-03-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-11 | AA | accounts | accounts with accounts type group |
| 2025-11-07 | AP01 | officers | appoint person director company with name date |
| 2025-10-06 | SH01 | capital | capital allotment shares |
| 2025-06-25 | AP01 | officers | appoint person director company with name date |
| 2025-03-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-26 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-02-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-19 | AA | accounts | accounts with accounts type small |
| 2024-11-01 | SH01 | capital | capital allotment shares |
| 2024-11-01 | SH01 | capital | capital allotment shares |
| 2024-07-29 | MR05 | mortgage | mortgage charge part release with charge number |
| 2024-07-18 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-03-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-11-28 | AA | accounts | accounts with accounts type small |
| 2023-08-17 | TM01 | officers | termination director company with name termination date |
| 2023-06-13 | AP01 | officers | appoint person director company with name date |
| 2023-06-13 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.