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Brighter Wash Ltd

11379453

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

264 PLUNGINGTON ROAD, PRESTON, PR2 3PR
Incorporated 24/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96010
Washing and (dry-)cleaning of textile and fur products

Officers

Mr Mehboob Desai

director · Since 24/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr Ayub Laly

director · Since 24/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Mehboob Desai

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

264, Plungington Road, Preston, PR2 3PR

Notified 24/05/2018

Mr Ayub Laly

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 54

264, Plungington Road, Preston, PR2 3PR

Notified 24/05/2018

CompanyRankvs 3032+ SIC 96010 peers
28

Financial strength7th percentile among SIC peers · 2/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 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.

Longevity8/15 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 31/05/2024

Net Worth

-£34k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

£6k

Current Liabilities

£59k

Fixed Assets

£19k

Debtors

£365

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10+£2k
20230.13+£625
2022-£3k
20210.33-£36k
20200.84

Derived from filed accounts. Not audited figures.