Selecta Systems Limited
01638655
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 31/12/2025
Due 14/01/2027
Industry
Officers
director · Since 01/04/2017
DIRECTOR
GERMAN · ENGLAND · Age 35
Also on 3 other boards
Former
director · Resigned 30/11/1993
director · Resigned 01/04/1994
director · Resigned 24/08/1994
secretary · Resigned 01/12/2000
director · Resigned 01/12/2000
secretary · Resigned 30/12/2011
director · Resigned 01/04/2017
Persons with Significant Control
Mr Mark Weihe
German · France · Age 62
20 Boulevard Rainer Iii, N.306, Monaco, 98 000
Notified 06/04/2016
Change History
Active
Private Limited Company
100 BOLDMERE ROAD
SUTTON COLDFIELD
CompanyRankvs 1661+ SIC 46900 peers75
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/12/2024
Turnover
£20.6M
Annual revenue
Net Worth
£3.6M
Balance sheet strength
Cash
£2.7M
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£2.7M
Working capital
Current Assets
£6.4M
Current Liabilities
£3.6M
Fixed Assets
£957k
Debtors
£1.3M
Cost of Sales
£12.9M
Gross Profit
£7.7M
Admin Expenses
£5.7M
Operating Profit
£2.0M
Profit After Tax
£1.5M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.75 | +£486k |
| 2023 | 1.73 | — |
Derived from filed accounts. Not audited figures.