Back to search

Brightx Accounting Ltd

08731531

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

ST JAMES HOUSE, ROMFORD, RM1 3NH
Incorporated 14/10/2013

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 22/02/2026

Due 08/03/2027

On track

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
69203
Tax consultancy

Officers

Mr Arshad Mahmood

director · Since 14/02/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Arshad Mahmood

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

British · England · Age 40

St James House, 27-43 Eastern Road, Romford, RM1 3NH

Notified 14/02/2023

Former PSCs

Muhammad Naveed Akhtar

Ceased 14/02/2023

Sobia Naveed

Ceased 14/02/2023

CompanyRankvs 16440+ SIC 69201 peers
62

Financial strength59th percentile among SIC peers · 15/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength15/25 pts

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

Employees13/15 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.

Longevity13/15 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.

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

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£26k

Current Liabilities

£28k

Fixed Assets

£486

5avg. employees+2

Balance Sheet

Assets less current liabilities£10k
Signed by Mr A Mahmood 30 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£7k
20231.10-£363
20220.11-£5k
20210.48-£9k
20201.33-£29k
20192.33+£13k
20181.96

Derived from filed accounts. Not audited figures.