Select Gb Limited

Select Gb Ltd from Stanmore UK is a small, active company founded 17 years ago, in February 2008. With eleven employees and £1,660,883 in assets, it operates as a family business with three directors and two owners. The company has a virtual address, registered at Devonshire House, 582 Honeypot Lane, HA7 1JS, though 194 other companies are also registered at this address. It runs an e-commerce site and regularly imports electrical machinery and equipment, with 16 months of import activity recorded, the last operation being in October 2021. The company’s activities include wholesale of household goods and other human health activities.

The company's website is not available to analyze.

Financially, Select Gb Ltd shows a mixed picture. Current assets have decreased by 3.6% to £1,700,000, while net assets have fallen by 9.7% to £870,000. Bank borrowings have decreased slightly, and cash reserves have dropped by 18% to £170,000. Trade debtors have plummeted by 65%, which could indicate better collection practices, but also a slowdown in sales. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity suggests potential financial pressures. The company is exempt from an audit as a small company, so the figures are unaudited. The decrease in average number of employees during the period is also a concern.

Registered in England/Wales under the registration number 06502437, with a registered address at HA7 1JS, England, Stanmore, Middlesex, Devonshire House, 582 Honeypot Lane.

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