Swifts Retail Holding Ltd
Registered name: SWIFTS RETAIL HOLDING LTD
Swifts Retail Holding Ltd made £17.9m revenue and £1.5m profit in the year to 31 Jan 2025. read from filing text
Swifts Retail Holding Ltd’s revenue fell 7% to £17.9m in the year to 31 Jan 2025, with £1.5m profit and 132 employees. The company is classified under “activities of other holding companies” and is based in Enniskillen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Enniskillen, Northern Ireland
- Age
- 6 yrs · since 2020
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £15.1m | £18.7m | £19.3m | £17.9m |
| Cost of sales | £11.8m | £15m | £15.4m | £14.2m |
| Gross profit | £3.3m | £3.6m | £3.9m | £3.7m |
| Operating profit | £919k | £584k | £729k | £1.8m |
| Profit before tax | £856k | £458k | £514k | £1.5m |
| Profit after tax | £715k | £308k | £389k | £1.5m |
| Profit (best available) | £715k | £308k | £389k | £1.5m |
| Employees (average) | 134 | 149 | 0 | 132 |
| Ratios | ||||
| Profit margin | 4.7% | 1.7% | 2% | 8.4% |
| Gross margin | 21.7% | 19.5% | 20.1% | 20.9% |
| Revenue per employee | £113k | £125k | — | £136k |
| Profit per employee | £5.3k | £2.1k | — | £11.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲23.2% | ▲3.4% | ▼7% |
| Profit growth | — | ▼57% | ▲26.3% | ▲288.8% |
| Headcount growth | — | ▲11.2% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £100 | £100 | £100 | £100 |
| Net assets | £105k | £132k | £259k | £1.9m |
| Fixed assets | £605k | £605k | £605k | £605k |
| Current assets | — | £100 | £476 | £1.3m |
| Debtors | — | £0 | £376 | £1.3m |
| Deferred income | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 8.4%
- Profit ÷ revenue.
- Gross margin
- 20.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £136k
- Revenue ÷ average employees.
- Profit per employee
- £11.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.3%
- 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
- ▲638%
- Now £1.9m
- Cash at bank
- 0%
- Now £100
- Headcount
- —
- Now 132
- Deferred income
- —
- Now £0
- Fixed assets
- 0%
- Now £605k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (3)
- Swifts Supermarkets LtdRev. £10.9m · Profit £151k
- Drumliska LimitedFigures not disclosed
- Swifts Retail Cushwash LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £1.5m), from the Companies House accounts bulk data published Oct 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.