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Brightseed Development Ltd

09726729

active
Private Limited Company
wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

21 BRYN EGLUR ROAD, SWANSEA, SA6 7PG
Incorporated 11/08/2015

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

Overdue

Industry

62012
Business and domestic software development

Officers

Mr Andrew William George Thomas

director · Since 11/08/2015

TECHNICAL DIRECTOR

BRITISH · WALES

Also on 3 other boards

Miss Michaela Svikeris

secretary · Since 11/08/2015

Also on 1 other board

Miss Michaela Svikeris

director · Since 30/09/2018

DIRECTOR

BRITISH · WALES

Also on 1 other board

Persons with Significant Control

Mr Andrew William George Thomas

25–50% shares
25–50% votes

British · Wales

Notified 06/04/2016

Miss Michaela Svikeris

25–50% shares
25–50% votes

British · Wales

Notified 25/08/2017

Insolvency History1 case

creditors voluntary liquidation15/09/2026

Darren Edwards (practitioner)

CompanyRankvs 31555+ SIC 62012 peers
38

Financial strength50th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength13/25 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.

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.

Longevity11/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

£533

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£105k

Current Liabilities

£116k

Fixed Assets

£3k

0avg. employees

Balance Sheet

Total assets£137k

EstimatesDerived

YearCurrent Ratio
20240.90
20230.91

Derived from filed accounts. Not audited figures.