Slec Limited

Slec Ltd from Horbury UK: a small, active company founded 24 years ago, employs 12 people, and holds £156,343 in assets. With three directors and two owners, it maintains a stellar 5.0 Google rating based on 43 reviews. It’s an irregular importer of toys, games, and sports equipment (just two months of imports recorded) and a regular exporter of wood and wood products (16 months of exports).

The company's website, salesslecuk.com, showcases a wide range of aircraft and boat kits, balsa wood, and related accessories. It operates as a manufacturer and supplier of these materials, offering laser cutting and CNC milling services, and even assisting with plan tracing for model makers. The site highlights a commitment to quality and caters to both hobbyists and professionals in the modeling community. It's clear they are selling online.

Financially, Slec Ltd presents a mixed picture. While current assets have decreased by 24% to £160,000, the company's bank balance remains stable at £64,000. However, a significant drop in equity – 9.6% - and a sharp increase in net current liabilities (-£21,000) suggest potential cash flow challenges. Trade debtors have also decreased by 32%, which could be a good thing, but creditors have increased by 30%. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the decline in equity is something to keep an eye on. As a small company, they are exempt from an audit, so the figures are unaudited.

It seems Slec Ltd is navigating a period of change, balancing its established export business with the demands of the online retail market.

Registered in England/Wales under the registration number 04126653, with a registered address at WF4 5RA, England, Horbury, Unit 6, Second Floor, Benton Office Park.

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