Selecta Tyre Limited
01093373
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 26/09/2025
Due 10/10/2026
Industry
Officers
secretary · Since 11/07/2022
director · Since 11/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 43 other boards
director · Since 01/10/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 43 other boards
Persons with Significant Control
Micheldever Tyre Services Limited
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 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 2.16 | -£235k |
| 2021 | 2.32 | +£138k |
| 2020 | 2.17 | +£288k |
| 2019 | 149.76 | — |
Derived from filed accounts. Not audited figures.