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Bright (Hotels) Limited

10510767

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT D FOREST BUSINESS PARK WALKER ROAD, COALVILLE, LE67 1TU
Incorporated 05/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation
68209
Other letting and operating of own or leased real estate

Officers

Mr Ajmaer Singh Johal

director · Since 02/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Mr Vijay Pal Singh Johal

director · Since 02/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 6 other boards

Persons with Significant Control

Former PSCs

Mr Inderjit Singh Johal

Ceased 02/10/2020

Inderjit Singh Johal

Ceased 02/10/2020

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 13/04/2017Registered 24/04/2017Satisfied 01/09/2020
Charge
satisfied

HSBC BANK PLC

Created 15/02/2017Registered 16/02/2017Satisfied 01/09/2020

CompanyRankvs 5082+ SIC 55100 peers
51

Financial strength89th percentile among SIC peers · 22/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees2/15 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.

Longevity10/15 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 31/03/2025

Net Worth

£1.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£137k

Current Liabilities

£2.9M

Fixed Assets

£3.8M

0avg. employees

Tax at Year End(2024)

Corp tax£81k

Director Loans(2021)

Company owes directors£2.2M

People Costs(2021)

Wages & salaries£563k
NI contributions£26k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£267k
20240.04+£243k
20230.02+£42k
20220.02+£82k
20210.10+£167k

Derived from filed accounts. Not audited figures.