SWITCH MOBILITY LIMITED

Active Leeds

Manufacture of motor vehicles

645 employees website.com
Manufacture of motor vehicles
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SWITCH MOBILITY LIMITED

Manufacture of motor vehicles

Founded 22 May 1984 Active Leeds, United Kingdom 645 employees website.com
Manufacture of motor vehicles

Previous Company Names

OPTARE GROUP LTD 1 Dec 1998 — 3 Nov 2020
OPTARE LIMITED 29 Mar 1985 — 1 Dec 1998
SIMCO NO 49 LIMITED 25 Jan 1985 — 29 Mar 1985
ORION OF LEEDS LIMITED 9 Jan 1985 — 25 Jan 1985
SIMCO NO. 49 LIMITED 22 May 1984 — 9 Jan 1985
Accounts Due 31 Dec 2026 6 months remaining
Confirmation
Net assets £-68M £49M 2024 year on year
Total assets £174M £1M 2024 year on year
Total Liabilities £242M £50M 2024 year on year
Charges 25
25 satisfied

Contact & Details

Contact

Registered Address

Unit 3 Hurricane Way South Sherburn In Elmet Leeds North Yorkshire LS25 6PT

Telephone

0800 000 0000

Website

www.example.com

Full company profile for SWITCH MOBILITY LIMITED (01818255), an active company based in Leeds, United Kingdom. Incorporated 22 May 1984. Manufacture of motor vehicles. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Apr → 31 Mar 2025
Type group
Next accounts 31 Mar 2026
Due by 31 Dec 2026 6 months remaining

Balance Sheet & P&L (2020–2024)

Cash in Bank

£6.91M

Decreased by £5.38M (-44%)

Net Assets

-£68.12M

Decreased by £48.96M (-255%)

Total Liabilities

£241.84M

Increased by £50.08M (+26%)

Turnover

£112.00M

Increased by £45.45M (+68%)

Employees

645

Increased by 77 (+14%)

Debt Ratio

139%

Increased by 28 (+25%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
31 Mar Year End
2024
31 Mar Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Grants 1

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

14 Allotments 109,631,751 Shares £251.28m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
27 Mar 20264,458,562£30.00m£6.729
19 Feb 2026418,406£3.00m£7.17
26 Nov 2025554,938£4.00m£7.21
23 Sept 2025620,611£4.50m£7.25
22 Aug 2025548,751£4.00m£7.29

Officers

Officers

1 active 2 resigned
Status
Venkataramani SumantranDirectorIndianIndia6717 Sept 2021Active

Shareholders

Shareholders (3)

Optare Plc
99.6%
104,988,566
Hinduja Automotive Limited
0.4%
444,444

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Optare Plc

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

OPTARE PLC united kingdom
SWITCH MOBILITY LIMITED Current Company

Charges

Charges

25 satisfied

Properties

Properties

2 leasehold 2 total
AddressTenurePrice PaidDate Added
Campbell House, Heathcote Way, Heathcote Industrial Estate, Warwick (CV34 6TE) WARWICK
Leasehold-7 Jul 2022
9, Euro Court, Oliver Close, Grays (RM20 3EE) THURROCK
Leasehold-27 Mar 2018
Campbell House, Heathcote Way, Heathcote Industrial Estate, Warwick (CV34 6TE)
Leasehold
Added 7 Jul 2022
District WARWICK
9, Euro Court, Oliver Close, Grays (RM20 3EE)
Leasehold
Added 27 Mar 2018
District THURROCK

Documents

Company Filings

DateCategoryDescriptionDocument
14 Apr 2026CapitalAllotment of shares (GBP 11,030,998) on 27 Mar 2026
10 Apr 2026IncorporationMemorandum Articles
10 Apr 2026ResolutionResolutions
10 Apr 2026ResolutionResolutions
10 Apr 2026IncorporationMemorandum Articles
14 Apr 2026 Capital

Allotment of shares (GBP 11,030,998) on 27 Mar 2026

10 Apr 2026 Incorporation

Memorandum Articles

10 Apr 2026 Resolution

Resolutions

10 Apr 2026 Resolution

Resolutions

10 Apr 2026 Incorporation

Memorandum Articles

Recent Activity

Latest Activity

Allotment of shares (GBP 11,030,998) on 27 Mar 2026

1 months ago on 14 Apr 2026

Memorandum Articles

1 months ago on 10 Apr 2026

Resolutions

1 months ago on 10 Apr 2026

Resolutions

1 months ago on 10 Apr 2026

Memorandum Articles

1 months ago on 10 Apr 2026