Pomanda estimates the enterprise value of BRIGHTWISE (MANCHESTER) LIMITED at £120.8k based on a Turnover of £408.4k and 0.3x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BRIGHTWISE (MANCHESTER) LIMITED at £0 based on an EBITDA of £-174.8k and a 3.02x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BRIGHTWISE (MANCHESTER) LIMITED at £230.7k based on Net Assets of £118.7k and 1.94x industry multiple (adjusted for liquidity).
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Brightwise (manchester) LimitedOverview
Brightwise (manchester) Limited is a live company located in lancashire, M8 8LZ with a Companies House number of 02903983. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in March 1994, it's largest shareholder is
abid hussain
with a 35% stake. Brightwise (manchester) Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£408.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Brightwise (Manchester) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £408.4k, make it smaller than the average company (£16m)
£408.4k - Brightwise (manchester) Limited
£16m - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (8.1%)
-50% - Brightwise (manchester) Limited
8.1% - Industry AVG
Production
with a gross margin of 21.6%, this company has a higher cost of product (31.6%)
21.6% - Brightwise (manchester) Limited
31.6% - Industry AVG
Profitability
an operating margin of -42.8% make it less profitable than the average company (3.8%)
-42.8% - Brightwise (manchester) Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (49)
1 - Brightwise (manchester) Limited
49 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
£39.1k - Brightwise (manchester) Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £408.4k, this is more efficient (£310.6k)
£408.4k - Brightwise (manchester) Limited
£310.6k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (39 days)
107 days - Brightwise (manchester) Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
1 days - Brightwise (manchester) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Brightwise (manchester) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Brightwise (manchester) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1%, this is a lower level of debt than the average (54.3%)
1% - Brightwise (manchester) Limited
54.3% - Industry AVG
BRIGHTWISE (MANCHESTER) LIMITED financials
EXPORT
Brightwise (Manchester) Limited's latest turnover from March 2024 is estimated at £408.4 thousand and the company has net assets of £118.7 thousand. According to their latest financial statements, we estimate that Brightwise (Manchester) Limited has 1 employee and maintains cash reserves of 0 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
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
408,384
1,201,465
1,788,368
3,365,867
1,581,630
1,104,068
961,867
4,544,457
2,102,519
732,522
886,428
1,769,371
892,532
2,256,823
2,142,818
Other Income Or Grants
Cost Of Sales
320,167
948,394
1,411,959
2,688,683
1,262,999
883,634
778,463
3,688,645
1,675,051
577,729
692,737
1,388,739
704,827
1,780,780
1,668,407
Gross Profit
88,217
253,071
376,409
677,185
318,631
220,434
183,404
855,812
427,469
154,793
193,691
380,633
187,705
476,044
474,411
Admin Expenses
262,980
375,595
442,001
656,763
333,668
240,206
114,255
843,453
438,668
156,609
212,481
342,393
175,125
453,284
-90,596
Operating Profit
-174,763
-122,524
-65,592
20,422
-15,037
-19,772
69,149
12,359
-11,199
-1,816
-18,790
38,240
12,580
22,760
565,007
Interest Payable
2
15
15
Interest Receivable
59
123
831
233
101
384
367
625
902
709
356
108
Pre-Tax Profit
-174,763
-122,524
-65,592
20,479
-14,930
-18,956
69,383
12,460
-10,815
-1,449
-18,165
39,142
13,289
23,117
565,115
Tax
-3,891
-13,183
-2,492
-9,394
-3,455
-6,473
-158,232
Profit After Tax
-174,763
-122,524
-65,592
16,588
-14,930
-18,956
56,200
9,968
-10,815
-1,449
-18,165
29,748
9,834
16,644
406,883
Dividends Paid
Retained Profit
-174,763
-122,524
-65,592
16,588
-14,930
-18,956
56,200
9,968
-10,815
-1,449
-18,165
29,748
9,834
16,644
406,883
Employee Costs
39,104
185,681
249,661
247,476
176,288
176,225
64,456
314,164
155,350
60,859
59,351
118,834
56,730
146,515
170,842
Number Of Employees
1
5
7
7
5
5
2
10
5
2
2
4
2
5
6
EBITDA*
-174,763
-122,524
-65,592
20,422
-14,327
-19,772
69,149
12,359
-6,250
11,436
-3,288
53,742
27,997
37,828
580,006
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
10,571
10,638
11,992
6,392
2,504
4,949
17,672
33,174
47,827
59,755
74,138
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
10,571
10,638
11,992
6,392
2,504
4,949
17,672
33,174
47,827
59,755
74,138
Stock & work in progress
336,025
436,390
384,335
432,920
397,860
490,575
498,195
420,655
542,970
516,425
Trade Debtors
119,822
389,810
629,436
1,114,289
495,473
242,482
198,380
1,149,340
450,609
83,322
83,305
349,191
121,857
548,085
463,078
Group Debtors
Misc Debtors
7,000
7,000
Cash
117,209
128,254
93,290
80,709
73,021
73,909
176,256
184,390
99,215
43,271
misc current assets
147,243
147,243
169,100
169,100
165,400
total current assets
119,822
389,810
629,436
1,114,289
1,102,950
961,369
823,248
1,149,340
1,133,338
723,303
813,189
1,023,642
726,902
1,190,270
1,022,774
total assets
119,822
400,381
640,074
1,126,281
1,109,342
963,873
823,248
1,149,340
1,133,338
728,252
830,861
1,056,816
774,729
1,250,025
1,096,912
Bank overdraft
63
442
Bank loan
Trade Creditors
1,151
106,947
219,198
640,823
507,910
388,771
271,183
706,692
699,658
283,757
384,917
592,707
340,368
825,498
689,029
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
135,407
93,768
52,217
total current liabilities
1,151
106,947
219,198
640,823
643,380
482,981
323,400
706,692
699,658
283,757
384,917
592,707
340,368
825,498
689,029
loans
hp & lease commitments
Accruals and Deferred Income
4,918
3,908
other liabilities
provisions
total long term liabilities
4,918
3,908
total liabilities
1,151
106,947
224,116
644,731
643,380
482,981
323,400
706,692
699,658
283,757
384,917
592,707
340,368
825,498
689,029
net assets
118,671
293,434
415,958
481,550
465,962
480,892
499,848
442,648
433,680
444,495
445,944
464,109
434,361
424,527
407,883
total shareholders funds
118,671
293,434
415,958
481,550
465,962
480,892
499,848
442,648
433,680
444,495
445,944
464,109
434,361
424,527
407,883
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
-174,763
-122,524
-65,592
20,422
-15,037
-19,772
69,149
12,359
-11,199
-1,816
-18,790
38,240
12,580
22,760
565,007
Depreciation
710
4,949
13,252
15,502
15,502
15,417
15,068
14,999
Amortisation
Tax
-3,891
-13,183
-2,492
-9,394
-3,455
-6,473
-158,232
Stock
-336,025
-100,365
52,055
384,335
-432,920
35,060
-92,715
-7,620
77,540
-122,315
26,545
516,425
Debtors
-269,988
-239,626
-484,853
611,816
252,991
51,102
-950,960
698,731
367,287
17
-265,886
227,334
-426,228
85,007
463,078
Creditors
-105,796
-112,251
-421,625
132,913
119,139
117,588
-435,509
7,034
415,901
-101,160
-207,790
252,339
-485,130
136,469
689,029
Accruals and Deferred Income
-4,918
1,010
-131,499
41,639
41,551
52,217
Deferred Taxes & Provisions
Cash flow from operations
-10,571
-67
-1,354
-257,846
-6,175
36,210
239,299
-248,910
7,304
2,974
62,428
-8,187
87,955
56,272
131,300
Investing Activities
capital expenditure
10,571
67
1,354
-5,600
-4,598
-2,504
-529
-849
-3,489
-685
-89,137
Change in Investments
cash flow from investments
10,571
67
1,354
-5,600
-4,598
-2,504
-529
-849
-3,489
-685
-89,137
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1,000
1,000
-1,000
1,000
interest
57
108
816
233
101
384
367
625
902
709
356
108
cash flow from financing
-943
108
816
1,233
-899
384
367
625
902
709
356
1,108
cash and cash equivalents
cash
-117,209
-11,045
34,964
93,290
-80,709
7,688
-888
-102,347
-8,134
85,175
55,944
43,271
overdraft
-63
-379
442
change in cash
-117,146
-10,666
34,522
93,290
-80,709
7,688
-888
-102,347
-8,134
85,175
55,944
43,271
brightwise (manchester) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for brightwise (manchester) limited. Get real-time insights into brightwise (manchester) limited's credit score, group structure and payment trends.
Perform a competitor analysis for brightwise (manchester) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in M 8 area or any other competitors across 12 key performance metrics.
brightwise (manchester) limited Ownership
BRIGHTWISE (MANCHESTER) LIMITED group structure
Brightwise (Manchester) Limited has no subsidiary companies.
Ultimate parent company
BRIGHTWISE (MANCHESTER) LIMITED
02903983
BRIGHTWISE (MANCHESTER) LIMITED Shareholders
The largest shareholders in Brightwise (Manchester) Limited include Abid Hussain and Faizan Sardar Saleemi.
abid hussain
35%
faizan sardar saleemi
20%
samera saleemi
15%
rameesah aisha saleemi
10%
zaynu-l'abidin saleemi
10%
liyba zuhra saleemi
10%
brightwise (manchester) limited directors
Brightwise (Manchester) Limited currently has 3 directors.
The longest serving directors include
Mr Abid Hussain (Oct 2004) and
Mr Zaynu-L'abidin Saleemi (Feb 2021).
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 did not find charges/mortgages relating to brightwise (manchester) limited.
brightwise (manchester) 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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brightwise (manchester) limitedCompanies House Filings - See Documents
