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Selaco Ltd

09985319

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 4 OAKS COURT, BOREHAMWOOD, WD6 1GS
Incorporated 03/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Michael Ioannou

director · Since 23/03/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Persons with Significant Control

Gmmi (Uk) Ltd

75–100% shares
75–100% votes
Appoint directors

6th Floor 2, 2 London Wall Place, London, EC2Y 5AU

Reg: 12465170 · Companies House · Private Limited Company

Notified 10/03/2020

Former PSCs

Mr Brian Morrisroe

Ceased 10/03/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/12/2023Registered 05/12/2023

CompanyRankvs 41973+ SIC 70229 peers
56

Financial strength90th percentile among SIC peers · 23/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity10 years trading (max 15) · 10/15
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.

Employees6/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/10/2024

Net Worth

£125k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£125k

Working capital

Current Assets

£1.8M

Current Liabilities

£1.6M

Debtors

£1.8M

1avg. employees-1

Tax at Year End(2020)

Corp tax£6k
Dividends paid-£1.6M

Balance Sheet

Assets less current liabilities£125k
Signed by Mr Michael Ioannou 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.08+£114k
20201.00-£1.6M
20193.84+£397k£1.5M
20182.41£2.5M

Derived from filed accounts. Not audited figures.