Back to search

Brights (Electrical Services) Limited

04286645

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1 WHITEBEAM CLOSE, PAIGNTON, TQ3 3GA
Incorporated 13/09/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Mark Elton Cheer

director · Since 01/04/2020

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 52

Mr Russell Mark Wheeler

director · Since 01/04/2020

ELETRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Mark Elton Cheer

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Willow Ridge, 1 Whitebeam Close, Paignton, TQ3 3GA

Notified 01/04/2020

Mr Russell Mark Wheeler

25–50% shares
25–50% votes

British · United Kingdom · Age 56

Willow Ridge, 1 Whitebeam Close, Paignton, TQ3 3GA

Notified 01/04/2020

Former PSCs

Mr Robert Jeffery Hughes

Ceased 01/04/2020

Mr Christopher John Peace

Ceased 01/04/2020

Mr Scott Cole

Ceased 31/01/2026

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/04/2007Registered 20/04/2007

CompanyRankvs 26030+ SIC 43210 peers
39

Financial strength41th percentile among SIC peers · 10/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength10/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2025

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£81k

Current Liabilities

£98k

Fixed Assets

£27k

1avg. employees+1

Tax at Year End(2023)

VAT£13k

Balance Sheet

Assets less current liabilities£11k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.83-£848
20240.77-£7k
20230.77-£2k£251k
20220.69+£1k£140k
20210.66£146k

Derived from filed accounts. Not audited figures.