Selectt Limited

Selectt Limited is a small, active company based in London, UK, founded three years ago in July 2021. It’s a solo venture, managed by a single director and owner, Turna Baris, and employs just one person. The company holds £6,960 in assets, but its registered address is likely virtual, as 753 other companies share the same location.

Selectt Limited operates across several industries: retail sale via mail order houses or via internet, information technology service activities, management consultancy, and advertising agencies. While no website is available to analyze, its diverse range of activities suggests a flexible business model, perhaps offering a mix of online sales, consulting services, and digital marketing support.

Financially, Selectt Limited presents a mixed picture. Cash reserves have declined significantly, dropping 88% to just £640. Trade debtors have also decreased by 35%, indicating a reduction in outstanding customer payments. However, creditors have fallen by 54%, suggesting improved debt management. Equity has seen a modest increase of 35%, and net assets are up 15%, but the sharp drop in cash is a concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. It's a little bit worrying that the company is burning through cash.

Registered in England/Wales under the registration number 13506106, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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