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Bright Futures Experience Limited

09301856

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

36A MARKET STREET, NEW MILLS, SK22 4AA
Incorporated 10/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85600
Educational support services

Officers

Mr Matthew Thomas Watson

director · Since 10/11/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 14 other boards

Persons with Significant Control

Mr Matthew Thomas Watson

25–50% shares
25–50% votes

British · England · Age 51

36a Market Street, New Mills, SK22 4AA

Notified 01/06/2016

Mrs Zoe Watson

25–50% shares
25–50% votes

British · England · Age 47

36a Market Street, New Mills, SK22 4AA

Notified 01/11/2016

CompanyRankvs 19298+ SIC 85600 peers
34

Financial strength8th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity12/15 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 30/11/2024

Net Worth

-£9k

Balance sheet strength

Cash

£600

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£1k

Current Liabilities

£7k

Debtors

£467

0avg. employees

Tax at Year End

Corp tax£86

Balance Sheet

Assets less current liabilities-£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15-£3k
20231.07
20221.44
20211.30
20201.07
20190.92
20181.29

Derived from filed accounts. Not audited figures.