brightsun travel (uk) limited
brightsun travel (uk) limited Company Information
Company Number
02024271
Next Accounts
Dec 2025
Shareholders
deepak nangla
payal nangla
View AllGroup Structure
View All
Industry
Travel agency activities
+2Registered Address
14 hanworth road, hounslow, middlesex, TW3 1UA
Website
www.brightsun.co.ukbrightsun travel (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTSUN TRAVEL (UK) LIMITED at £305.1m based on a Turnover of £382.2m and 0.8x industry multiple (adjusted for size and gross margin).
brightsun travel (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTSUN TRAVEL (UK) LIMITED at £10m based on an EBITDA of £2.4m and a 4.25x industry multiple (adjusted for size and gross margin).
brightsun travel (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTSUN TRAVEL (UK) LIMITED at £30.6m based on Net Assets of £12.7m and 2.42x industry multiple (adjusted for liquidity).
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Brightsun Travel (uk) Limited Overview
Brightsun Travel (uk) Limited is a live company located in middlesex, TW3 1UA with a Companies House number of 02024271. It operates in the freight air transport sector, SIC Code 51210. Founded in May 1986, it's largest shareholder is deepak nangla with a 62.5% stake. Brightsun Travel (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £382.2m with rapid growth in recent years.
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Brightsun Travel (uk) Limited Health Check
Pomanda's financial health check has awarded Brightsun Travel (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £382.2m, make it larger than the average company (£11.5m)
£382.2m - Brightsun Travel (uk) Limited
£11.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 94%, show it is growing at a faster rate (19.2%)
94% - Brightsun Travel (uk) Limited
19.2% - Industry AVG
Production
with a gross margin of 1.8%, this company has a higher cost of product (24.6%)
1.8% - Brightsun Travel (uk) Limited
24.6% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.8%)
0.6% - Brightsun Travel (uk) Limited
5.8% - Industry AVG
Employees
with 31 employees, this is similar to the industry average (33)
31 - Brightsun Travel (uk) Limited
33 - Industry AVG
Pay Structure
on an average salary of £31.7k, the company has a lower pay structure (£47.6k)
£31.7k - Brightsun Travel (uk) Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £12.3m, this is more efficient (£265.8k)
£12.3m - Brightsun Travel (uk) Limited
£265.8k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (36 days)
2 days - Brightsun Travel (uk) Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (26 days)
28 days - Brightsun Travel (uk) Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Brightsun Travel (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 66 weeks, this is more cash available to meet short term requirements (22 weeks)
66 weeks - Brightsun Travel (uk) Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71%, this is a similar level of debt than the average (67.9%)
71% - Brightsun Travel (uk) Limited
67.9% - Industry AVG
BRIGHTSUN TRAVEL (UK) LIMITED financials
Brightsun Travel (Uk) Limited's latest turnover from March 2024 is £382.2 million and the company has net assets of £12.7 million. According to their latest financial statements, Brightsun Travel (Uk) Limited has 31 employees and maintains cash reserves of £39.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 382,154,533 | 349,107,919 | 154,735,304 | 52,354,006 | 195,959,846 | 194,782,220 | 161,433,228 | 134,144,024 | 119,405,184 | 107,540,729 | 94,206,713 | 79,944,121 | 63,062,853 | 46,270,216 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 375,282,046 | 340,839,823 | 150,650,580 | 51,057,524 | 190,881,414 | 190,350,165 | 156,784,764 | 130,007,857 | 115,910,688 | 104,717,546 | 91,520,347 | 77,685,845 | 61,273,704 | 44,876,659 | |
| Gross Profit | 6,872,487 | 8,268,096 | 4,084,724 | 1,296,482 | 5,078,432 | 4,432,055 | 4,648,464 | 4,136,167 | 3,494,496 | 2,823,183 | 2,686,366 | 2,258,276 | 1,789,149 | 1,393,557 | |
| Admin Expenses | 4,565,967 | 4,511,099 | 2,486,183 | 1,280,698 | 3,382,765 | 3,098,125 | 2,985,064 | 2,641,914 | -7,711,568 | 1,913,503 | 1,830,022 | 1,568,061 | 1,359,848 | 1,171,837 | |
| Operating Profit | 2,306,520 | 3,756,997 | 1,598,541 | 15,784 | 1,695,667 | 1,333,930 | 1,663,400 | 1,494,253 | 11,206,064 | 909,680 | 856,344 | 690,215 | 429,301 | 221,720 | |
| Interest Payable | 805 | 18,231 | 4,931 | 152 | |||||||||||
| Interest Receivable | 627,691 | 153,032 | 38,792 | 54,320 | 38,322 | 63,474 | 34,371 | 40,653 | 85,494 | 51,585 | 67,041 | 13,974 | 7,851 | 2,965 | |
| Pre-Tax Profit | 2,933,406 | 3,910,029 | 1,619,102 | 70,104 | 1,729,058 | 1,397,404 | 1,697,771 | 1,534,906 | 1,291,558 | 961,265 | 923,233 | 704,189 | 437,152 | 224,685 | |
| Tax | -732,595 | -735,283 | -311,554 | 22,917 | -233,980 | -267,157 | -328,727 | -319,106 | -270,461 | -208,473 | -218,338 | -171,876 | -105,864 | -58,234 | |
| Profit After Tax | 2,200,811 | 3,174,746 | 1,307,548 | 93,021 | 1,495,078 | 1,130,247 | 1,369,044 | 1,215,800 | 1,021,097 | 752,792 | 704,895 | 532,313 | 331,288 | 166,451 | |
| Dividends Paid | 126,200 | 123,000 | 123,200 | 100,000 | 5,262 | 10,000 | 240,000 | 270,000 | 330,000 | 275,000 | 120,000 | 54,000 | |||
| Retained Profit | 2,074,611 | 3,051,746 | 1,184,348 | -6,979 | 1,495,078 | 1,130,247 | 1,363,782 | 1,205,800 | 781,097 | 482,792 | 374,895 | 257,313 | 211,288 | 112,451 | |
| Employee Costs | 983,570 | 848,383 | 739,272 | 903,147 | 1,095,381 | 993,338 | 950,720 | 984,253 | 827,544 | 699,474 | 659,065 | 627,635 | 583,817 | 587,581 | |
| Number Of Employees | 31 | 43 | 25 | 44 | 48 | 47 | 42 | 50 | 47 | 39 | 38 | 40 | 36 | 35 | |
| EBITDA* | 2,358,487 | 3,792,470 | 1,634,342 | 53,497 | 1,738,102 | 1,380,333 | 1,733,790 | 1,574,368 | 11,292,430 | 970,077 | 927,366 | 744,153 | 472,967 | 261,447 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 131,750 | 175,940 | 91,360 | 92,029 | 116,690 | 103,468 | 132,635 | 95,399 | 133,147 | 98,722 | 112,318 | 114,908 | 90,543 | 85,180 | 104,352 |
| Intangible Assets | 15,545 | 17,529 | 17,944 | 23,346 | 30,403 | 39,632 | 51,712 | 60,523 | 72,053 | 90,066 | 101,399 | 112,732 | 124,065 | 135,398 | 146,731 |
| Investments & Other | 1,323,212 | 1,323,212 | 1,323,212 | 110,000 | 110,000 | 110,000 | 110,000 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,470,507 | 1,516,681 | 1,432,516 | 225,375 | 257,093 | 253,100 | 294,347 | 155,922 | 205,200 | 188,788 | 213,717 | 227,640 | 214,608 | 220,578 | 251,083 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,535,703 | 1,859,080 | 1,388,258 | 182,323 | 6,111,695 | 5,032,539 | 4,287,094 | 3,226,987 | 3,050,561 | 1,990,160 | 2,390,864 | 2,326,662 | 2,231,295 | 2,375,701 | 2,250,651 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 38,945 | 1,791,345 | 202,542 | 463,433 | 317,393 | 144,581 | 96,793 | 1,238,826 | 27,425 | 37,759 | 48,803 | 42,279 | 45,135 | 38,046 | |
| Cash | 39,608,885 | 23,302,713 | 29,730,742 | 16,046,335 | 11,449,934 | 16,343,974 | 14,392,573 | 8,690,247 | 10,211,485 | 8,438,611 | 6,785,169 | 4,301,993 | 3,064,051 | 1,915,089 | |
| misc current assets | 12,471,182 | ||||||||||||||
| total current assets | 42,183,533 | 26,953,138 | 31,321,542 | 16,692,091 | 17,879,022 | 21,521,094 | 18,776,460 | 16,936,995 | 11,768,233 | 12,239,404 | 10,878,278 | 9,154,110 | 6,578,423 | 5,477,798 | 4,165,740 |
| total assets | 43,654,040 | 28,469,819 | 32,754,058 | 16,917,466 | 18,136,115 | 21,774,194 | 19,070,807 | 17,092,917 | 11,973,433 | 12,428,192 | 11,091,995 | 9,381,750 | 6,793,031 | 5,698,376 | 4,416,823 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 29,715,602 | 16,209,445 | 24,564,746 | 10,413,277 | 11,233,582 | 16,173,470 | 14,646,819 | 13,386,072 | 9,545,820 | 9,409,117 | 8,871,754 | 7,416,099 | 5,307,666 | 4,578,130 | 3,516,174 |
| Group/Directors Accounts | 143,307 | 140,187 | 120,382 | 262 | 262 | 262 | 5,524 | 101,063 | 90,847 | 847 | 80,847 | 5,572 | 20,145 | ||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,108,268 | 1,504,041 | 523,785 | 145,975 | 537,403 | 730,672 | 678,921 | 1,331,084 | 1,156,592 | 538,841 | 312,797 | 353,103 | 205,405 | 87,001 | |
| total current liabilities | 30,967,177 | 17,853,673 | 25,208,913 | 10,559,514 | 11,771,247 | 16,904,404 | 15,331,264 | 14,717,156 | 10,803,475 | 10,038,805 | 9,185,398 | 7,850,049 | 5,518,643 | 4,685,276 | 3,516,174 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 63 | ||||||||||||||
| provisions | 18,268 | 22,162 | 2,908 | ||||||||||||
| total long term liabilities | 18,268 | 22,162 | 2,908 | 63 | |||||||||||
| total liabilities | 30,985,445 | 17,875,835 | 25,211,821 | 10,559,577 | 11,771,247 | 16,904,404 | 15,331,264 | 14,717,156 | 10,803,475 | 10,038,805 | 9,185,398 | 7,850,049 | 5,518,643 | 4,685,276 | 3,516,174 |
| net assets | 12,668,595 | 10,593,984 | 7,542,237 | 6,357,889 | 6,364,868 | 4,869,790 | 3,739,543 | 2,375,761 | 1,169,958 | 2,389,387 | 1,906,597 | 1,531,701 | 1,274,388 | 1,013,100 | 900,649 |
| total shareholders funds | 12,668,595 | 10,593,984 | 7,542,237 | 6,357,889 | 6,364,868 | 4,869,790 | 3,739,543 | 2,375,761 | 1,169,958 | 2,389,387 | 1,906,597 | 1,531,701 | 1,274,388 | 1,013,100 | 900,649 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,306,520 | 3,756,997 | 1,598,541 | 15,784 | 1,695,667 | 1,333,930 | 1,663,400 | 1,494,253 | 11,206,064 | 909,680 | 856,344 | 690,215 | 429,301 | 221,720 | |
| Depreciation | 47,567 | 30,678 | 30,399 | 30,655 | 33,206 | 34,323 | 54,566 | 64,984 | 68,353 | 49,064 | 59,689 | 42,605 | 32,333 | 28,394 | 26,178 |
| Amortisation | 4,400 | 4,795 | 5,402 | 7,058 | 9,229 | 12,080 | 15,824 | 15,131 | 18,013 | 11,333 | 11,333 | 11,333 | 11,333 | 11,333 | 11,333 |
| Tax | -732,595 | -735,283 | -311,554 | 22,917 | -233,980 | -267,157 | -328,727 | -319,106 | -270,461 | -208,473 | -218,338 | -171,876 | -105,864 | -58,234 | |
| Stock | |||||||||||||||
| Debtors | -1,075,777 | 2,059,625 | 945,044 | -5,783,332 | 1,251,968 | 793,233 | -81,926 | 1,387,827 | 1,050,067 | -411,748 | 70,726 | 92,511 | -137,317 | 163,096 | 2,250,651 |
| Creditors | 13,506,157 | -8,355,301 | 14,151,469 | -820,305 | -4,939,888 | 1,526,651 | 1,260,747 | 3,840,252 | 136,703 | 537,363 | 1,455,655 | 2,108,433 | 729,536 | 1,061,956 | 3,516,174 |
| Accruals and Deferred Income | -395,773 | 980,256 | 377,810 | -391,428 | -193,269 | 51,751 | -652,163 | 174,492 | 617,751 | 226,044 | -40,306 | 147,698 | 118,404 | 87,001 | |
| Deferred Taxes & Provisions | -3,894 | 19,254 | 2,908 | ||||||||||||
| Cash flow from operations | 15,808,159 | -6,358,229 | 14,909,931 | 4,648,013 | -4,881,003 | 1,898,345 | 2,095,573 | 3,882,179 | 10,726,356 | 1,936,759 | 2,053,651 | 2,735,897 | 1,352,360 | 1,189,074 | |
| Investing Activities | |||||||||||||||
| capital expenditure | -208,815 | -30,838 | -102,778 | -35,468 | -57,099 | -66,969 | -37,696 | -9,222 | |||||||
| Change in Investments | 1,213,212 | 110,000 | |||||||||||||
| cash flow from investments | -1,213,212 | -318,815 | -30,838 | -102,778 | -35,468 | -57,099 | -66,969 | -37,696 | -9,222 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 3,120 | 19,805 | 120,120 | -5,262 | 5,524 | -101,063 | 10,216 | 90,000 | -80,000 | 75,275 | -14,573 | 20,145 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -63 | 63 | |||||||||||||
| share issue | |||||||||||||||
| interest | 626,886 | 153,032 | 20,561 | 54,320 | 33,391 | 63,474 | 34,371 | 40,653 | 85,494 | 51,585 | 66,889 | 13,974 | 7,851 | 2,965 | |
| cash flow from financing | 630,006 | 172,838 | 140,618 | 54,383 | 33,391 | 58,212 | 39,895 | -60,407 | -1,904,816 | 141,583 | -13,110 | 89,249 | 43,278 | 23,110 | |
| cash and cash equivalents | |||||||||||||||
| cash | 16,306,172 | -6,428,029 | 13,684,407 | 4,596,401 | -4,894,040 | 1,951,401 | 14,392,573 | -8,690,247 | -1,521,238 | 1,772,874 | 1,653,442 | 2,483,176 | 1,237,942 | 1,148,962 | 1,915,089 |
| overdraft | |||||||||||||||
| change in cash | 16,306,172 | -6,428,029 | 13,684,407 | 4,596,401 | -4,894,040 | 1,951,401 | 14,392,573 | -8,690,247 | -1,521,238 | 1,772,874 | 1,653,442 | 2,483,176 | 1,237,942 | 1,148,962 | 1,915,089 |
brightsun travel (uk) limited Credit Report and Business Information
Brightsun Travel (uk) Limited Competitor Analysis
Perform a competitor analysis for brightsun travel (uk) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mega companies, companies in TW3 area or any other competitors across 12 key performance metrics.
brightsun travel (uk) limited Ownership
BRIGHTSUN TRAVEL (UK) LIMITED group structure
Brightsun Travel (Uk) Limited has no subsidiary companies.
Ultimate parent company
BRIGHTSUN TRAVEL (UK) LIMITED
02024271
brightsun travel (uk) limited directors
Brightsun Travel (Uk) Limited currently has 2 directors. The longest serving directors include Mr Deepak Nangla (Apr 1999) and Mrs Payal Nangla (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Deepak Nangla | 55 years | Apr 1999 | - | Director | |
| Mrs Payal Nangla | 54 years | Jun 2020 | - | Director |
P&L
March 2024turnover
382.2m
+9%
operating profit
2.3m
-39%
gross margin
1.8%
-24.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
12.7m
+0.2%
total assets
43.7m
+0.53%
cash
39.6m
+0.7%
net assets
Total assets minus all liabilities
Similar Companies
brightsun travel (uk) limited company details
company number
02024271
Type
Private limited with Share Capital
industry
52242 - Cargo handling for air transport activities of division 51
79110 - Travel agency activities
51210 - Freight air transport
incorporation date
May 1986
age
39
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
skylord travel (u.k.) limited (March 1990)
accountant
-
auditor
PEARLMAN ROSE
address
14 hanworth road, hounslow, middlesex, TW3 1UA
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
brightsun travel (uk) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 19 charges/mortgages relating to brightsun travel (uk) limited. Currently there are 3 open charges and 16 have been satisfied in the past.
brightsun travel (uk) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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brightsun travel (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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