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Selection Stores Limited

06527601

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

22 SHIRLEY AVENUE, CHATHAM, ME5 9UR
Incorporated 07/03/2008

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/03/2026

Due 22/03/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Jotika Patel

director · Since 07/03/2008

DIRECTOR

BRITISH · ENGLAND · Age 66

Mr Ronak Patel

director · Since 01/06/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mrs Jotika Patel

25–50% shares
25–50% votes

British · England · Age 66

22, Shirley Avenue, Chatham, ME5 9UR

Notified 06/04/2016

Mr Ronak Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 38

22, Shirley Avenue, Chatham, ME5 9UR

Notified 01/06/2016

Former PSCs

Mr Rajesh Patel

Ceased 01/06/2016

Charges1 outstanding

Charge
satisfied

NATIONWIDE FINANCE LIMITED

Created 13/04/2021Registered 13/04/2021Satisfied 16/08/2023
Charge
satisfied

BLUEROCK SECURED FINANCE LIMITED

Created 23/09/2019Registered 24/09/2019Satisfied 16/08/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/04/2014Registered 16/04/2014

CompanyRankvs 13829+ SIC 47110 peers
33

Financial strength14th percentile among SIC peers · 4/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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13829Selection Stores Limited
43
How is this score calculated?
Financial strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/05/2025

Net Worth

-£5k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£187k

Working capital

Current Assets

£70k

Current Liabilities

£257k

Fixed Assets

£190k

Debtors

£13k

3avg. employees

Tax at Year End

Corp tax£13k

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27+£0
20250.27-£6k
20240.31—
20230.40—
20220.44-£14k
20210.40+£4k
20200.41-£4k
20190.32-£7k
20180.32—

Derived from filed accounts. Not audited figures.