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Future Brighter Ltd.

14928349

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

THE OCTAGON, ILKLEY, LS29 9JB
Incorporated 12/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Daniel Turner

director · Since 12/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mrs Donna Louise Turner

director · Since 12/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Daniel Turner

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 51

The Octagon, Wells Road, Ilkley, LS29 9JB

Notified 12/06/2023

Mrs Donna Louise Turner

25–50% shares
25–50% votes

British · United Kingdom · Age 52

The Octagon, Wells Road, Ilkley, LS29 9JB

Notified 12/06/2023

CompanyRankvs 9066+ SIC 71129 peers
49

Financial strength69th percentile among SIC peers · 17/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.15× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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.

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 30/04/2025

Net Worth

£25k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£36k

Current Liabilities

£12k

Debtors

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£25k
Signed by Mr Daniel Turner 1 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.15+£7k
20241.83—

Derived from filed accounts. Not audited figures.