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Select Specs Limited

06435182

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LOCKWOODS YARD, WESTGATE-ON-SEA, CT8 8AS
Incorporated 22/11/2007

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 22/11/2025

Due 06/12/2026

On track

Industry

47782
Retail sale by opticians

Officers

David Malcolm Mcmillan

secretary · Since 22/11/2007

British

David Malcolm Mcmillan

director · Since 22/11/2007

British

Jason James Mcmillan

director · Since 22/11/2007

British

Antony James Russell

director · Since 22/11/2007

British

CompanyRankvs 105+ SIC 47782 peers
90

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.55× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£3.1M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£3.0M

Current Liabilities

£858k

Fixed Assets

£926k

Debtors

£1.4M

Profit After Tax

£492k

28avg. employees

Tax at Year End

Corp tax£147k

Balance Sheet

Assets less current liabilities£3.1M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20243.55

Derived from filed accounts. Not audited figures.