Swig Finance Limited
Registered name: SWIG FINANCE LIMITED
Part of South West Investment Group Ltd groupSwig Finance Limited made £2.2m revenue and a £59.4k loss in the year to 31 Mar 2025.
Swig Finance Limited’s revenue fell 1% to £2.2m in the year to 31 Mar 2025, with a loss of £59.4k and 25 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Truro; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 34 yrs · since 1992
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £2.3m | £2.2m |
| Cost of sales | — | — | £614k | £758k |
| Gross profit | — | — | £1.6m | £1.5m |
| Operating profit | — | — | £843k | £710k |
| Profit before tax | — | — | £22.6k | −£73.2k |
| Profit after tax | — | — | £70.2k | −£59.4k |
| Profit (best available) | — | — | £70.2k | −£59.4k |
| Employees (average) | 26 | 24 | 22 | 25 |
| Ratios | ||||
| Profit margin | — | — | 3.1% | −2.7% |
| Gross margin | — | — | 72.8% | 66.1% |
| Revenue per employee | — | — | £102k | £89.4k |
| Profit per employee | — | — | £3.2k | −£2.4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼0.9% |
| Profit growth | — | — | — | ▼184.6% |
| Headcount growth | — | ▼7.7% | ▼8.3% | ▲13.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.4m | £2.2m | £3m | £3.1m |
| Net assets | £2.6m | £2.6m | £3m | £3.1m |
| Fixed assets | £44.8k | £69.3k | £32.1k | £96.2k |
| Current assets | £9.7m | £11.3m | £12.8m | £10.1m |
| Debtors | £97.7k | £44.2k | £29.4k | £27.5k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −2.7%
- Profit ÷ revenue.
- Gross margin
- 66.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £89.4k
- Revenue ÷ average employees.
- Profit per employee
- −£2.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲3%
- Now £3.1m
- Cash at bank
- ▲2%
- Now £3.1m
- Headcount
- ▲14%
- Now 25
- Deferred income
- —
- Now —
- Fixed assets
- ▲200%
- Now £96.2k
Group structure
Ownership chain
- South West Investment Group Ltd (registered outside the UK register)ultimate parent75–100%
- Swig Finance Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Swig 7 LimitedFigures not disclosed
- Swig Cip LimitedFigures not disclosed
- Swig Newco LimitedFigures not disclosed
- Swig Swif Smaller Loans GP LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£59.4k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.