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Brightseed Development Ltd

09726729

active
Private Limited Company
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

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Miss Michaela Svikeris

secretary · Since 11/08/2015

Also on 1 other board

Mr Andrew William George Thomas

director · Since 11/08/2015

TECHNICAL DIRECTOR

BRITISH · WALES · Age 48

Also on 3 other boards

Miss Michaela Svikeris

director · Since 30/09/2018

DIRECTOR

BRITISH · WALES · Age 41

Also on 1 other board

Persons with Significant Control

Mr Andrew William George Thomas

25–50% shares
25–50% votes

British · Wales · Age 48

21, Bryn Eglur Road, Swansea, SA6 7PG

Notified 06/04/2016

Miss Michaela Svikeris

25–50% shares
25–50% votes

British · Wales · Age 41

21, Bryn Eglur Road, Swansea, SA6 7PG

Notified 25/08/2017

CompanyRankvs 32564+ SIC 62012 peers
47

Financial strength49th percentile among SIC peers · 12/25
Employees17th 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
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How is this score calculated?
Financial strength12/25 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.

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
20220.96
20211.19
20201.68
20190.86
20180.78

Derived from filed accounts. Not audited figures.