# SW WATER LTD (15020359)

> SW WATER LTD is an active private limited company (company number 15020359) incorporated on 21 July 2023, registered in Port Talbot. Its registered activity is other retail sale not in stores, stalls or markets (SIC 47990). Latest small accounts cover the period ending 31 July 2025, showing net assets of £214k and cash of £92k, with 22 employees on average. Net assets rose 454% on the prior period (£39k).

- Status: Active
- Incorporated: 2023-07-21
- Registered office: Port Talbot, SA13 1RU
- SIC 47990: Other retail sale not in stores, stalls or markets
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-08-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 146 comparable companies in Swansea (median £3,267, upper quartile £54k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £214k | £92k | £142k | £191k | — | — | 22 |
| 2024-07-31 | £39k | £23k | £23k | £24k | — | — | 2 |

current ratio 1.76; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £213,918 at 31 July 2025
- Net assets up 10% or more on the prior period: +454.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.76
- Cash at bank of £50,000 or more: Cash £92,154
- Incorporated two to five years ago: Incorporated 21 July 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Richard Martin Hibbard — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2023-07-21
- Mr Daniel Mark Morgan — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-07-21

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/15020359
HTML: https://firmoscan.com/company/15020359-sw-water-ltd