Selectequip Limited

Selectequip Limited, based in Lichfield, UK, is a small holding company with an active status, having operated for 36 years. The company, employing 27 people, holds assets valued at £3,011,001. With four directors and a single owner, Selectequip is a regular importer of machinery, boilers, and mechanical appliances, parts, with 17 months of import activity, the latest in February 2025. It’s an irregular exporter of the same, with just two months of export activity recorded in December 2023.

The company’s website, Selectequip, functions as an online store selling PPE workwear, tools, LED lighting, and rail products. It boasts a “Reputable supplier for over 25 years” claim and highlights its status as the “Exclusive UK supplier of VIZ300”. The site offers free delivery on orders over £60 and provides contact details including a phone number and email address.

Financially, Selectequip Limited’s report shows a mixed picture. Current assets have fallen by 21%, dropping to £3,000,000. Net assets have also decreased by 21%, settling at £1,200,000. Bank borrowings have fallen by 19%, reaching £780,000. Trade debtors have fallen by 23%, settling at £1,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in equity raises questions. There's no mention of an auditor, likely due to its small company status.

The company’s reliance on imported goods, coupled with relatively low export activity, suggests a business focused on domestic wholesale. The decrease in assets and net assets, while concerning, could reflect strategic investments or increased operational expenses. It’s possible the company is expanding its product range or improving its online presence, which would require additional funding.

Registered in England/Wales under the registration number 02353074, with a registered address at WS14 9UY, Lichfield, Staffordshire, Unit 7 Brittannia Way, Britannia Enterprise Park.

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