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Bright Future Housing Ltd

12236572

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

OFFICE 3 SOUTH STAFFS FREIGHT TERMINAL LYNN LANE, LICHFIELD, WS14 0ED
Incorporated 01/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Gohar Rehman

director · Since 01/10/2019

PASTORAL MANAGER

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Persons with Significant Control

Mr Gohar Rehman

75–100% shares
75–100% votes
Appoint directors

British · England · Age 43

Office 3 South Staffs Freight Terminal, Lynn Lane, Lichfield, WS14 0ED

Notified 01/10/2019

CompanyRankvs 6316+ SIC 68201 peers
47

Financial strength78th percentile among SIC peers · 20/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

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.

Longevity7/15 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 31/10/2023

Net Worth

£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£5k

Current Liabilities

£46k

Fixed Assets

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.10+£77k
20220.20+£6k
20210.05-£64k
2020Infinity

Derived from filed accounts. Not audited figures.