Select Commerce Limited
04158916
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 13/02/2026
Due 27/02/2027
Industry
Officers
secretary · Since 13/02/2001
IT MANAGER
BRITISH · ENGLAND · Age 52
Also on 3 other boards
director · Since 13/02/2001
OPERATIONS DIRECTOR
BRITISH · SINGAPORE · Age 55
Also on 9 other boards
director · Since 13/02/2001
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 3 other boards
Persons with Significant Control
Mr Deep Nandlal Valecha
British · Singapore · Age 54
Regent House, Kendal Avenue, London, W3 0XA
Notified 06/04/2016
Mrs Shalini Valecha
British · England · Age 52
Regent House, Kendal Avenue, London, W3 0XA
Notified 06/04/2016
Charges1 outstanding
SKIPTON BUILDING SOCIETY
LEGAL CHARGE
SKIPTON BUILDING SOCIETY
Change History
Active
Private Limited Company
REGENT HOUSE
LONDON
CompanyRankvs 281+ SIC 64991 peers55
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going concern The directors have identified no material uncertainties that cast significant doubt about the ability of the company to continue as a going concern. Significant judgements and estimates
Key FinancialsYear ending 31/05/2023
Net Worth
£1.0M
Balance sheet strength
Cash
£1.9M
Cash in the bank
Net Current Assets
£1.0M
Working capital
Current Assets
£2.0M
Current Liabilities
£968k
Debtors
£13k
Profit After Tax
-£79k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 2.07 |
Derived from filed accounts. Not audited figures.