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Brightwells Limited

02052714

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

EASTERS COURT, LEOMINSTER, HR6 0DE
Incorporated 04/09/1986

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/08/2025

Due 07/09/2026

On track

Industry

46190
Agents involved in the sale of a variety of goods

Officers

Mr Nicholas William Eldon Gorst

director · Since 01/01/2002

AUCTIONEER

BRITISH · UNITED KINGDOM · Age 64

Also on 5 other boards

Mr Richard John Binnersley Bsc

director · Since 02/01/2007

AUCTIONEER

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Mr Gregor Percy Michael Fitzgerald

secretary · Since 13/01/2014

Mr Richard Andrew Bound

director · Since 01/05/2018

SOLICITOR

BRITISH · UNITED KINGDOM · Age 61

Also on 22 other boards

Persons with Significant Control

Brightwells Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

C/O Berry Smith, Haywood House, Cardiff, CF10 3GA

Reg: 13786591 · Register Of Companies · Private Limited Company

Notified 01/12/2022

Former PSCs

Mr Nicholas William Eldon Gorst

Ceased 21/09/2022

Mr Richard John Binnersley

Ceased 21/09/2022

Bids Estates Limited

Ceased 01/12/2022

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 01/07/2025Registered 02/07/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 22/05/2019Registered 30/05/2019Satisfied 10/08/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 08/05/2018Registered 11/05/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 01/08/2014Registered 06/08/2014Satisfied 07/07/2025
charge
satisfied

BARCLAYS BANK PLC

Created 10/01/2001Registered 16/01/2001Satisfied 18/08/2014
charge
satisfied

BARCLAYS BANK PLC

Created 27/04/1993Registered 11/05/1993Satisfied 04/02/1997

CompanyRankvs 374+ SIC 46190 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£11.7M

Annual revenue

Net Worth

£4.7M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£4.0M

Current Liabilities

£2.4M

Fixed Assets

£3.3M

Debtors

£1.6M

Cost of Sales

£5.9M

Gross Profit

£5.8M

Admin Expenses

£3.6M

Operating Profit

£2.4M

Profit After Tax

£2.0M

80avg. employees+16

Tax at Year End

Corp tax£584k
Dividends paid£325k

People Costs

Wages & salaries£3.0M
NI contributions£466k

Balance Sheet

Intangible assets£3
Assets less current liabilities£4.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.67+£2.0M
20231.01-£313k
20220.99-£6.8M
20211.11+£3.7M
20200.93-£427k
20190.89

Derived from filed accounts. Not audited figures.