SWIFT CLAIMS LTD

Executive Summary

Swift Claims Ltd is a newly formed private tax consultancy exhibiting high financial risk due to significant negative net assets and working capital deficits. While regulatory filings are current and the business focus is clear, the company’s operational viability and liquidity position require close examination. Investors should proceed cautiously and seek detailed financial and operational information before engagement.

SWIFT CLAIMS LTD - Analysis Report

Company Number: 14457306

Analysis Date: 2025-07-20 16:17 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk, with net current liabilities of £26,518 and negative shareholders' funds of the same amount. The lack of net assets and the relatively large current liabilities compared to minimal current assets indicate poor financial health and potential difficulty meeting short-term obligations.

2. Key Concerns:

• Negative Net Assets and Working Capital: The company’s net liabilities and negative working capital highlight an immediate solvency concern.
• Zero Employees and Early Stage Business: With no employees reported and incorporation only in late 2022, operational sustainability is unproven and likely dependent on minimal resources.
• Concentration of Control: Single individual (Mr. Yisroel Kenig) holds 75-100% control, which may present governance risks, especially in a high-risk financial position.

3. Positive Indicators:

• Compliance with Filings: The company is up to date on both accounts and confirmation statement filings, showing regulatory compliance to date.
• Clear Business Focus: The company operates in tax consultancy, a service industry with potential for scalable revenue streams if managed properly.
• Active Website and Contact Information: Presence of an active website and contact channels suggests engagement with the market and clients.

4. Due Diligence Notes:

• Review Detailed Cash Flow and Revenue Generation: Limited data on turnover or profitability is available; assessing cash inflows and client contracts is critical.
• Investigate Nature of Creditors and Payment Terms: Understanding the £28,050 current liabilities composition and payment timelines will clarify liquidity pressures.
• Evaluate Director Backgrounds and Related Party Transactions: Given the control concentration, check for any related party debts or transactions that could affect financial health.
• Assess Business Model Viability and Plans for Capital Injection: The company’s strategy to address negative equity and fund operations warrants scrutiny.