Select Components Limited

Select Components Limited, based in Skipton, UK, is a small, active company founded 27 years ago. With seven employees and £1,787,972 in assets, it’s a well-established player in its sector. The company operates from a real address within a business park and is overseen by two directors and one owner. It regularly imports miscellaneous metal items—a consistent activity over the past 127 months—but exports furniture, lighting, and prefabricated buildings only sporadically, with just one month of export activity recorded in October 2024.

The company’s website reveals it’s a wholesale supplier of furniture fittings, architectural hardware, and ironmongery, catering primarily to kitchen, bathroom, and bedroom furniture manufacturers. It emphasizes high-quality products, competitive pricing, and exceptional customer service, positioning itself as a trusted name in the trade. The site showcases a wide range of handles, storage solutions, and hinges, with a focus on providing bulk discounts and next-day delivery.

Financially, Select Components Limited’s recent performance presents a mixed picture. Current assets have declined by 38%, falling to £1,800,000, while net assets remain steady at £2,100,000. Bank borrowings have increased slightly, reaching £930, and creditors have decreased significantly, dropping 73% to £240,000. Trade debtors have also decreased, suggesting improved debt collection. Despite these changes, the company’s small size—meeting two of three conditions for being classified as small—allows it to remain agile. The company’s accounts are unaudited, a common practice for small companies.

The decrease in current assets, however, warrants attention. It’s possible this reflects a strategic shift, such as increased investment in inventory or a temporary slowdown in sales. The company’s long-standing presence and focus on customer relationships suggest it’s well-positioned to navigate these challenges, but close monitoring of its financial health will be crucial going forward.

Registered in England/Wales under the registration number 03449099, with a registered address at BD23 2QR, United Kingdom, Skipton, Bd23 2qr, Unit 8, Union Business Park Snaygill Industrial Estate, Keighley Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.