Switchware Limited
Registered name: SWITCHWARE LIMITED
Part of WWW Holding Company Limited groupSwitchware Limited does not publish its revenue or profit. Its accounts to 31 Dec 2024 show net assets of -£3.9m and 31 employees.
Switchware Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2024 showed net assets of −£3.9m and 31 employees. The company is classified under “other telecommunications activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
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. From the filing: “WWW Holding Company Limited”
Key figures
Revenue not disclosed
Switchware Limited’s accounts for the year to 31 Dec 2024 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 31
- Net assets
- −£3.9m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | No P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.2m | £2.8m | — |
| Cost of sales | £3m | £2.5m | — |
| Gross profit | £177k | £311k | — |
| Operating profit | −£1.4m | £131k | — |
| Profit after tax | −£1.3m | £174k | — |
| Profit (best available) | −£1.3m | £174k | — |
| Employees (average) | 30 | 31 | 31 |
| Ratios | |||
| Profit margin | −41.4% | 6.1% | — |
| Gross margin | 5.5% | 10.9% | — |
| Revenue per employee | £107k | £91.6k | — |
| Profit per employee | −£44.2k | £5.6k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼11.4% | — |
| Headcount growth | — | ▲3.3% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4.2k | £3.2k | £28.6k |
| Net assets | −£4.3m | −£4.1m | −£3.9m |
| Fixed assets | £1.1k | £799 | £631 |
| Current assets | £8m | £8.6m | £11.1m |
| Debtors | £8m | £8.6m | £11.1m |
| Source | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2025 | FilletedAccounts · bulk data Mar 2026 |
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
- —
- Now −£3.9m
- Cash at bank
- ▲797%
- Now £28.6k
- Headcount
- 0%
- Now 31
- Deferred income
- —
- Now —
- Fixed assets
- ▼21%
- Now £631
Group structure
Ownership chain
- WWW Holding Company Limitedultimate parent75–100%
- Switchware Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Lycatel Services LimitedRev. £34.5m · Profit −£10.6m
- Gnanam Distribution Holding LimitedFigures not disclosed
- Lyca Media II LimitedFigures not disclosed
- Lycatel (UK) LimitedFigures not disclosed
- Lycatel Property Management Services LimitedFigures not disclosed
- Lycatel Property Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FilletedAccounts for the year to 31 Dec 2024, from the Companies House accounts bulk data published Mar 2026. 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.