Back to search

Brite Advice Ltd

07446641

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

12 SHALLOWFORD GROVE, MILTON KEYNES, MK4 1ND
Incorporated 22/11/2010

Compliance

Last accounts

30/11/2025

total exemption full

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 18/11/2025

Due 02/12/2026

On track

Industry

46510
Wholesale of computers, computer peripheral equipment and software
70229
Management consultancy activities

Officers

Mr Kulvinder Singh Reyatt

director · Since 22/11/2010

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 9 other boards

Persons with Significant Control

Mr Kulvinder Singh Reyatt

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

British · England · Age 58

12, Shallowford Grove, Milton Keynes, MK4 1ND

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

ALFANDARI PRIVATE EQUITIES LTD

Created 31/05/2018Registered 05/06/2018Satisfied 14/10/2021

CompanyRankvs 1639+ SIC 46510 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio -0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Employees7/15 pts

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

Liquidity2/20 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

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

Going Concern Doubt

the company has experienced significant operating losses and negative cash flows, raising substantial doubt about its ability to continue as a going concern. Management plans to address these issues by securing additional financing through a private placement of securities and implementing cost-cutting measures. The financial statements do not include an

Key FinancialsYear ending 30/11/2025

Net Worth

-£62k

Balance sheet strength

Cash

-£15k

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

-£11k

Current Liabilities

£47k

Fixed Assets

£12k

Debtors

£3k

1avg. employees

Tax at Year End(2024)

VAT-£809

Balance Sheet

Assets less current liabilities-£46k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2025-0.24+£0
2025-0.24-£31k
2024-0.32-£34k
20231.00+£25k£227k
2022-0.15-£24k£75k
20210.62£57k
20201.89£96k
20190.12+£71k
2018-1.77

Derived from filed accounts. Not audited figures.