SWIG FINANCE LIMITED

1. SWIG FINANCE LIMITED 2018-10-03 → present
2. SOUTH WEST INVESTMENT GROUP SERVICES LIMITED 1995-09-12 → 2018-10-03
3. TREVINT LIMITED 1992-04-02 → 1995-09-12
4. CORNWALL ENTERPRISE BOARD INVESTMENTS LIMITED 1992-03-13 → 1992-04-02
5. TREVINT LIMITED 1992-02-17 → 1992-03-13

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

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 §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.”

Group structure

1. SWIG FINANCE LIMITED · parent
   1. SWIG CIP Limited 100% · England and Wales
   2. SWIG SWIF Smaller loans GP Limited 100% · England and Wales
   3. SWIG 7 Limited 100% · England and Wales
   4. SWIG Newco Limited 100% · 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 and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

3

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -0.9%

  £2,254,087 → £2,233,777

• Cash

  +31%

  £3,018,696 → £3,953,056

  highest in 6 filed years

• Net assets

  +16.9%

  £3,007,036 → £3,515,679

  highest in 6 filed years

• Employees

  +13.6%

  22 → 25

• Operating profit

  -15.7%

  £842,657 → £710,281

• Profit before tax

  -424.1%

  £22,583 → -£73,186

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