# SWIFTCHAIN LTD (15185622)

> SWIFTCHAIN LTD is an active private limited company (company number 15185622) incorporated on 3 October 2023, registered in Swindon. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest micro accounts cover the period ending 31 October 2025, showing net assets of −£11k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 10% on the prior period (−£9,884).

- Status: Active
- Incorporated: 2023-10-03
- Registered office: Swindon, SN3 6AE
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 47910: Retail sale via mail order houses or via Internet
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-10-17
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 3,345 comparable companies in Other (median £7,606, upper quartile £94k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | −£11k | — | — | £11k | — | — | 1 |
| 2024-10-31 | −£9,884 | — | — | £9,885 | — | — | 1 |

current ratio 0.01; size band micro.

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

- Net assets below zero: Net assets £-10,908 at 31 October 2025
- Current assets below creditors within one year: Current ratio 0.01
- Incorporated two to five years ago: Incorporated 3 October 2023

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

## Persons with significant control

- Mr Fahad Basalat — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-10-03

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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/15185622
HTML: https://firmoscan.com/company/15185622-swiftchain-ltd