SWITCHEDONSAVINGS LTD
Company number 07738398 · Monitor this company
Executive summary
SwitchedOnSavings Ltd is a micro-scale electricity trading business that has survived the UK energy crisis but at significant cost—shareholder value was nearly wiped out between 2016-2022, falling 98% from £138,391 to £2,511. While recent recovery to £32,970 in net assets and improved leverage ratios demonstrate stabilisation, the company remains a peripheral niche player in a sector dominated by substantially larger, better-capitalised operators. The minimal fixed asset base (£594) and declining current assets suggest limited capacity for strategic investment or competitive differentiation, leaving the business vulnerable to further market disruption in an industry undergoing rapid regulatory and structural change.
Shareholders' funds
£32,970
Balance sheet as at 2025-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-08-12
- Employees
- 2 (2025 accounts)
- Registered office
- 6 Tadden Walk, Broadstone, Dorset, BH18 9NU
- Postcode
- BH18 9NU
- Capital
- 1 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-08-31
- Next due by
- 2027-05-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2026-08-12
- Next due by
- 2027-08-26
Nature of business (SIC)
- 35140 Trade of electricity
Officers 2 current
Among its peers
Top 25%
by shareholders' funds, of 12 similar companies in BH
Among the oldest 25% of its local peers, trading since 2011.
Competitors Bournemouth
This company ranks 3 among trade of electricity in Bournemouth.
The class of 2011
20%
of the 450,454 companies incorporated in 2011 are still active today; 77% have since been dissolved.
A fact about the year, not a forecast for this company.