Selmech Supplies Limited

Selmech Supplies Ltd, based in Salisbury, UK, is a small, family-run business with an active status. Founded 21 years ago, the company employs six people and holds £236,592 in assets. With a real registered address and three directors, plus two owners, it's a tight-knit operation. Selmech is an irregular importer of machinery, boilers, and mechanical appliances, parts, with the latest import operation made in June 2023, and a regular exporter of the same, with the last export operation made in September 2024.

The company’s website reveals a specialist in liquid and powder additive applicators for grass and maize silage, crimping, and moist grain treatments. Selmech manufactures and supplies these applicators to various customers, including large manufacturers of additives in the UK and Europe. They supply applicators for trailed and self-propelled forage harvesters, round or square balers, mini balers, and forage wagons, as well as for crimping and moist grain application. All applicators are manufactured in-house, with a well-equipped machine shop ensuring high-quality products. The company prides itself on having products in stock for quick dispatch, often with next-day delivery in the UK.

Financially, Selmech Supplies Ltd shows some concerning trends. Accumulated depreciation has fallen significantly, with Land Buildings dropping by 68%, and Plant Machinery down 28%. Cash bank on hand has also decreased by 34% to £92,000. Creditors within one year have plummeted by 78%, which is positive, but the decrease in net assets by 5.9% to £280,000 and a drop in current assets by 14% to £240,000 suggests the company is burning through money. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in equity raises questions. No auditor is mentioned, likely due to its small company status, so the figures rely on unaudited statements.

Registered in England/Wales under the registration number 05060085, with a registered address at SP2 7YS, Salisbury, Wiltshire, 19 Norton Enterprise Park, Whittle Road.

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