M Bright Transport Limited
07073602
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Matthew Bright
British · England · Age 41
7 Salcey Close, Barton Seagrave, NN15 6TS
Notified 06/04/2016
CompanyRankvs 32789+ SIC 49410 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Advances/ (credits) to the director Amounts repaid Balance outstanding £ £ £ £ Mr M Bright 6,421 17,148 ( 16,537 ) 7,032 ------- -------- -------- ------- The loan was repaid on 31 March 2025. 10. GOING CONCERN The director has considered the period to 31 May 2026 when assessing the company's ability to continue as a going concern. It is believed that the company will either be able to satisfy
Key FinancialsYear ending 30/11/2024
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
—
Current Liabilities
£15k
Fixed Assets
£12k
Debtors
£6k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.70 |
Derived from filed accounts. Not audited figures.