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Selecta Tyre Limited

01093373

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

MICHELDEVER STATION, HANTS, SO21 3AP
Incorporated 31/01/1973

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/09/2025

Due 10/10/2026

On track

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Will Goring

secretary · Since 11/07/2022

Mr Will James Frederick Goring

director · Since 11/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 43 other boards

Mr Graham Mitchell

director · Since 01/10/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 43 other boards

Persons with Significant Control

Micheldever Tyre Services Limited

75–100% shares
75–100% votes
Appoint directors

Micheldever Station, Micheldever Station, Winchester, SO21 3AP

Reg: 01817398 · Companies House Register (Uk) · Private Company Limited By Shares

Notified 11/07/2022

Former PSCs

Mr Simon John Grant Pashley

Ceased 11/07/2022

Charges0 outstanding

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CompanyRankvs 105+ SIC 45320 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operati

Key FinancialsYear ending 10/07/2022

Turnover

£4.3M

Annual revenue

Net Worth

£4.9M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

-£320k

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.2M

Fixed Assets

£3.6M

Debtors

£237k

Cost of Sales

£3.6M

Gross Profit

£666k

Admin Expenses

£1.0M

Operating Profit

-£320k

Profit After Tax

-£233k

72avg. employees-1

Tax at Year End

Corp tax£12k
Dividends paid£21k

People Costs

Wages & salaries£1.2M
NI contributions£108k

Balance Sheet

Assets less current liabilities£5.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20222.16-£235k
20212.32+£138k
20202.17+£288k
2019149.76

Derived from filed accounts. Not audited figures.