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Bright Blast Ltd

11104017

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)
  • Negative net worth (-10)

Details

BRIGHT'S YARD NEW ROAD, KING'S LYNN, PE34 4QF
Incorporated 08/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Steven Andrew Bright

director · Since 08/12/2017

ENGINEER

BRITISH · ENGLAND · Age 70

Mr Daniel Angus Bright

director · Since 01/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 42

Mrs Dianah Margaret Bright

director · Since 01/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Persons with Significant Control

Mr Steven Andrew Bright

75–100% shares

British · England · Age 70

Bright's Yard, New Road, King's Lynn, PE34 4QF

Notified 08/12/2017

CompanyRankvs 18045+ SIC 71129 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity9/15 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 31/12/2024

Net Worth

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£15k

Current Liabilities

£106k

Fixed Assets

£50k

3avg. employees

Balance Sheet

Assets less current liabilities-£39k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14-£10k
20230.07

Derived from filed accounts. Not audited figures.