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Select Fashion Ltd

11788458

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

ARUNDEL HOUSE 1 AMBERLEY COURT, CRAWLEY, RH11 7XL
Incorporated 25/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
47721
47721
47910
Retail sale via mail order houses or via Internet

Officers

Mr Theophilus Okpoti Odamtten

director · Since 25/01/2019

DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Emre Gokce Gonc

director · Since 09/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Persons with Significant Control

Bustech Arac Bakim Onarim Hizmetleri

voting-rights-75-to-100-percent-as-firm
Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

Kapi No 4a, Fevzipasa Mh, Silivri

Reg: 1911178311 · Turkish Chamber Of Commerce · Limited Company

Notified 30/03/2023

Former PSCs

Mr Theophilus Okpoti Odamtten

Ceased 30/03/2023

Charges1 outstanding

Charge
outstanding

BUSTECH ARAC BAKIM ONARIM HIZMETLERI A.A.

Created 01/06/2022Registered 09/06/2022

CompanyRankvs 15+ SIC 47710 peers
8

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 pts

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

Longevity7/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 03/02/2023

Turnover

£23.6M

Annual revenue

Net Worth

-£1.1M

Balance sheet strength

Cash

£71k

Cash in the bank

Profit Before Tax

-£1.1M

Bottom line earnings

Net Current Assets

-£2.0M

Working capital

Current Assets

£9.3M

Current Liabilities

£11.3M

Fixed Assets

£908k

Debtors

£5.7M

Cost of Sales

£11.5M

Gross Profit

£12.2M

Admin Expenses

£13.2M

Operating Profit

-£1.1M

Profit After Tax

-£1.1M

766avg. employees

People Costs

Wages & salaries£6.0M
NI contributions£283k

Balance Sheet

Intangible assets£8
Interest payable£2k
Assets less current liabilities-£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.83

Derived from filed accounts. Not audited figures.