Brite Safety Solutions Limited
11212428
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Paul Michael Mcglynn
British · England · Age 45
The Octagon, Wells Road, Ilkley, LS29 9JB
Notified 19/02/2018
Mrs Susan Lindsay Mcglynn
British · United Kingdom · Age 47
The Octagon, Wells Road, Ilkley, LS29 9JB
Notified 09/02/2026
CompanyRankvs 18358+ SIC 43210 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going conce
Key FinancialsYear ending 31/03/2025
Net Worth
£4k
Balance sheet strength
Cash
£176
Cash in the bank
Net Current Assets
£4k
Working capital
Current Assets
£10k
Current Liabilities
£6k
Debtors
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.63 |
| 2024 | 1.00 |
| 2023 | 1.00 |
| 2023 | 1.00 |
| 2022 | 1.00 |
Derived from filed accounts. Not audited figures.