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Brightlite Electrical Services Limited

04308303

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

36 BULFORD CLOSE, BRAINTREE, CM77 8HH
Incorporated 22/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Susan Jayne Turner

secretary · Since 25/10/2001

SECRETARY

BRITISH · ENGLAND · Age 67

Also on 3 other boards

Mr David Turner

director · Since 25/10/2001

ELECTRICIAN

BRITISH · ENGLAND · Age 68

Susan Jayne Turner

director · Since 14/01/2005

SECRETARY

BRITISH · ENGLAND · Age 67

Also on 3 other boards

Persons with Significant Control

Mr David Turner

Significant control
significant-influence-or-control-as-firm

British · England · Age 68

36 Bulford Close, Braintree, CM77 8HH

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 20/05/2003Registered 24/05/2003

CompanyRankvs 24425+ SIC 43210 peers
41

Financial strength4th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

-£24k

Balance sheet strength

Cash

-£35k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£14k

Current Liabilities

£27k

Fixed Assets

£7k

Debtors

£47k

7avg. employees

Balance Sheet

Bank loans & overdrafts£18k
Assets less current liabilities-£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53-£26k
20231.70+£20k
20220.96-£22k
20211.62

Derived from filed accounts. Not audited figures.