SELNET LTD Financials
- Company number
- 05671228CopyCopy
- Registered office
- Brentwood House Victoria Road, Fulwood, Preston PR2 8PS
- Incorporated
- 10/01/2006
Company snapshot
- Status
- Active
- Employees
- 16 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-11.84%vs 20242024: £368.90K
Total Assets
-2.90%vs 20242024: £406.14K
Cash in Bank
-64.09%vs 20242024: £241.02K
Total Liabilities
85.65%vs 20242024: £37.24K
Employees
-5vs 20242024: 21
In 2025, SELNET LTD reported net assets of £325.23K. The same filing shows total assets of £394.37K, cash in bank of £86.55K and total liabilities of £69.14K. Reported headcount was 16 in 2025. Cash in Bank fell from £241.02K in 2024 to £86.55K in 2025 (-64.09%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-11.84%from £368.90K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SELNET LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-42.5%vs 2023-24.2% a year compound (CAGR)
Cash in Bank
-90.2%vs 2023-68.7% a year compound (CAGR)
Total Assets
-57.4%vs 2023-34.8% a year compound (CAGR)
Total Liabilities
-80.8%vs 2023-56.2% a year compound (CAGR)
Employees
-30.4%vs 2023-7Biggest decrease
Cash in Bank-90.2%
£883.83K in 2023 to £86.55K in 2025
Every indicator Okredo holds for SELNET LTD fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SELNET LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 82.47%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 17.53%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 125.18%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 21.95%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £96.18K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SELNET LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 229.09K | 565.67K | 368.90K | 325.23K |
| Total Assets£ | 279.02K | 926.32K | 406.14K | 394.37K |
| Cash in Bank£ | 249.12K | 883.83K | 241.02K | 86.55K |
| Total Liabilities£ | 49.92K | 360.64K | 37.24K | 69.14K |
| Employees | 20 | 23 | 21 | 16 |
SELNET LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SELNET LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
SELNET LTD reported net assets of £325.23K for 2025. That compares with £368.90K in 2024, a change of -11.84%.
SELNET LTD reported total assets of £394.37K for 2025. That compares with £406.14K in 2024, a change of -2.90%.
SELNET LTD reported cash in bank of £86.55K for 2025. That compares with £241.02K in 2024, a change of -64.09%.
SELNET LTD reported 16 employees in 2025, compared with 21 in 2024.
Between 2023 and 2025, SELNET LTD's net assets fell by 42.5%, cash in bank fell by 90.2%, total assets fell by 57.4% and total liabilities fell by 80.8%. Net assets contracted at 24.2% a year across the two years to 2025, from £565.67K to £325.23K. Reported headcount went from 23 in 2023 to 16 in 2025 (-7).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.