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Selectequip Limited

02353074

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

UNIT 7 BRITTANNIA WAY, LICHFIELD, WS14 9UY
Incorporated 27/02/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Henry Spence

secretary · Since 30/04/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Mr Henry Eadie Spence

director · Since 30/04/2008

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Mr Tony Mcgovern

director · Since 03/05/2019

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Selectequip Holdings Limited

75–100% shares
75–100% votes

Unit 7, Brittania Way, Staffordshire, WS14 9UY

Reg: 10014294 · England & Wales · Limited Company

Notified 30/11/2019

Former PSCs

Coolsign Limited

Ceased 30/11/2019

Charges3 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 18/10/2023Registered 31/10/2023
Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 20/11/2019Registered 29/11/2019
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 31/10/2018Registered 05/11/2018Satisfied 05/02/2020
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 31/10/2018Registered 05/11/2018Satisfied 05/02/2020
Charge
outstanding

PETER RYAN · ANN RYAN

Created 10/09/2018Registered 13/09/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 18/11/2008Registered 19/11/2008Satisfied 18/04/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 18/11/2008Registered 19/11/2008Satisfied 18/04/2019
charge
satisfied

PETER ROBERT PHILLIPSON AND LINDA DOROTHY PHILLIPSON, KENNETH ARTHUR RUDMAN AND JULIA ANN RUDMA

Created 30/04/2008Registered 03/05/2008Satisfied 22/06/2016
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 30/04/2008Registered 02/05/2008Satisfied 08/10/2018
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 30/04/2008Registered 02/05/2008Satisfied 18/04/2019
charge
satisfied

BIBBY FACTORS SLOUGH LIMITED

Created 20/02/2004Registered 26/02/2004Satisfied 11/09/2008
charge
satisfied

LLOYDS BANK PLC

Created 30/07/1990Registered 13/08/1990Satisfied 11/09/2008

CompanyRankvs 1952+ SIC 46900 peers
74

Financial strength92th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£969k

Balance sheet strength

Cash

£116k

Cash in the bank

Net Current Assets

£973k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.5M

Fixed Assets

£319k

Debtors

£1.8M

31avg. employees-4

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.65-£219k
20231.51-£284k
20221.50+£28k
20211.92-£150k
20201.85-£68k
20191.84+£240k
20181.73+£305k
20171.59

Derived from filed accounts. Not audited figures.