brightgen limited
brightgen limited Company Information
Company Number
05994605
Next Accounts
184 days late
Shareholders
brightgen holdings limited
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
bankside 3, 90 - 100 southwark street, london, SE1 0SW
Website
www.brightgen.combrightgen limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTGEN LIMITED at £12.3m based on a Turnover of £14.8m and 0.84x industry multiple (adjusted for size and gross margin).
brightgen limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTGEN LIMITED at £6.3m based on an EBITDA of £1.1m and a 5.89x industry multiple (adjusted for size and gross margin).
brightgen limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTGEN LIMITED at £21.8m based on Net Assets of £9.6m and 2.29x industry multiple (adjusted for liquidity).
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Brightgen Limited Overview
Brightgen Limited is a live company located in london, SE1 0SW with a Companies House number of 05994605. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2006, it's largest shareholder is brightgen holdings limited with a 100% stake. Brightgen Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.8m with declining growth in recent years.
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Brightgen Limited Health Check
Pomanda's financial health check has awarded Brightgen Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £14.8m, make it larger than the average company (£2.6m)
£14.8m - Brightgen Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.9%)
-1% - Brightgen Limited
4.9% - Industry AVG
Production
with a gross margin of 38.5%, this company has a comparable cost of product (46.1%)
38.5% - Brightgen Limited
46.1% - Industry AVG
Profitability
an operating margin of 7.1% make it as profitable than the average company (6.7%)
7.1% - Brightgen Limited
6.7% - Industry AVG
Employees
with 155 employees, this is above the industry average (20)
155 - Brightgen Limited
20 - Industry AVG
Pay Structure
on an average salary of £78.1k, the company has a higher pay structure (£58.7k)
£78.1k - Brightgen Limited
£58.7k - Industry AVG
Efficiency
resulting in sales per employee of £95.4k, this is less efficient (£131.4k)
£95.4k - Brightgen Limited
£131.4k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (63 days)
57 days - Brightgen Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (30 days)
4 days - Brightgen Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Brightgen Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 180 weeks, this is more cash available to meet short term requirements (18 weeks)
180 weeks - Brightgen Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.4%, this is a lower level of debt than the average (59.8%)
20.4% - Brightgen Limited
59.8% - Industry AVG
BRIGHTGEN LIMITED financials
Brightgen Limited's latest turnover from December 2022 is £14.8 million and the company has net assets of £9.6 million. According to their latest financial statements, Brightgen Limited has 155 employees and maintains cash reserves of £8.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,780,243 | 15,873,798 | 13,692,997 | 15,116,886 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 9,095,791 | 9,342,933 | 8,311,729 | 9,524,514 | ||||||||||
| Gross Profit | 5,684,452 | 6,530,865 | 5,381,268 | 5,592,372 | ||||||||||
| Admin Expenses | 4,637,334 | 3,909,176 | 3,329,619 | 4,079,155 | ||||||||||
| Operating Profit | 1,047,118 | 2,621,689 | 2,051,649 | 1,513,217 | ||||||||||
| Interest Payable | 860 | 32,700 | 16,249 | 12,182 | ||||||||||
| Interest Receivable | 2,765 | 1,864 | 1,127 | 2,863 | ||||||||||
| Pre-Tax Profit | 1,049,023 | 2,590,853 | 2,036,527 | 1,503,898 | ||||||||||
| Tax | -11,409 | 952,253 | -213,089 | -149,845 | ||||||||||
| Profit After Tax | 1,037,614 | 3,543,106 | 1,823,438 | 1,354,053 | ||||||||||
| Dividends Paid | 600,000 | 1,012,000 | ||||||||||||
| Retained Profit | 1,037,614 | 3,543,106 | 1,223,438 | 342,053 | ||||||||||
| Employee Costs | 12,103,654 | 11,772,706 | 9,654,785 | 8,558,190 | ||||||||||
| Number Of Employees | 155 | 163 | 127 | 121 | 101 | 89 | 76 | 62 | ||||||
| EBITDA* | 1,070,832 | 2,621,689 | 2,051,649 | 1,532,867 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 148,428 | 159,387 | 636,208 | 651,513 | 621,932 | 632,526 | 601,975 | 608,851 | 577,303 | 557,723 | 539,456 | 18,049 | 13,612 | 14,637 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 17,500 | 97,156 | ||||||||||||
| Total Fixed Assets | 148,428 | 176,887 | 636,208 | 651,513 | 719,088 | 632,526 | 601,975 | 608,851 | 577,303 | 557,723 | 539,456 | 18,049 | 13,612 | 14,637 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 2,333,254 | 1,793,523 | 3,094,579 | 3,268,999 | 2,708,326 | 2,003,462 | 1,592,521 | 1,648,029 | 1,457,549 | 1,195,126 | 255,810 | 458,191 | 314,618 | 289,888 |
| Group Debtors | 2,822 | |||||||||||||
| Misc Debtors | 1,112,704 | 1,017,688 | 131,457 | 311,010 | 94,801 | 49,625 | 116,268 | 69,912 | ||||||
| Cash | 8,413,501 | 6,688,327 | 3,734,753 | 2,470,601 | 2,302,164 | 2,303,394 | 1,511,884 | 1,963,451 | 1,503,148 | 582,888 | 324,248 | 317,713 | 292,897 | 127,870 |
| misc current assets | ||||||||||||||
| total current assets | 11,862,281 | 9,499,538 | 6,960,789 | 6,050,610 | 5,105,291 | 4,356,481 | 3,220,673 | 3,681,392 | 2,960,697 | 1,778,014 | 580,058 | 775,904 | 607,515 | 417,758 |
| total assets | 12,010,709 | 9,676,425 | 7,596,997 | 6,702,123 | 5,824,379 | 4,989,007 | 3,822,648 | 4,290,243 | 3,538,000 | 2,335,737 | 1,119,514 | 793,953 | 621,127 | 432,395 |
| Bank overdraft | 8,655 | 8,336 | 7,962 | |||||||||||
| Bank loan | 14,236 | 12,316 | 8,952 | |||||||||||
| Trade Creditors | 99,820 | 121,242 | 78,257 | 858,928 | 727,216 | 577,034 | 370,625 | 338,836 | 1,515,057 | 1,023,716 | 430,755 | 390,934 | 271,760 | 166,652 |
| Group/Directors Accounts | 132,520 | |||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 11,372 | |||||||||||||
| other current liabilities | 2,178,259 | 1,036,755 | 2,278,900 | 1,816,737 | 1,411,417 | 1,385,829 | 758,108 | 1,065,509 | ||||||
| total current liabilities | 2,421,971 | 1,157,997 | 2,371,393 | 2,687,981 | 2,147,585 | 1,971,518 | 1,137,069 | 1,412,307 | 1,515,057 | 1,023,716 | 430,755 | 390,934 | 271,760 | 166,652 |
| loans | 226,297 | 236,292 | 245,777 | 254,785 | 263,530 | 236,025 | 245,320 | 262,621 | 263,611 | |||||
| hp & lease commitments | 32,696 | |||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 35,849 | 34,245 | 31,375 | 30,966 | ||||||||||
| provisions | 23,985 | 25,966 | 21,186 | 17,374 | 17,351 | 19,609 | 13,272 | 10,696 | 7,589 | 3,590 | 2,703 | 2,457 | ||
| total long term liabilities | 32,696 | 250,282 | 262,258 | 266,963 | 272,159 | 280,881 | 291,483 | 292,837 | 304,692 | 302,166 | 3,590 | 2,703 | 2,457 | |
| total liabilities | 2,454,667 | 1,157,997 | 2,621,675 | 2,950,239 | 2,414,548 | 2,243,677 | 1,417,950 | 1,703,790 | 1,807,894 | 1,328,408 | 732,921 | 394,524 | 274,463 | 169,109 |
| net assets | 9,556,042 | 8,518,428 | 4,975,322 | 3,751,884 | 3,409,831 | 2,745,330 | 2,404,698 | 2,586,453 | 1,730,106 | 1,007,329 | 386,593 | 399,429 | 346,664 | 263,286 |
| total shareholders funds | 9,556,042 | 8,518,428 | 4,975,322 | 3,751,884 | 3,409,831 | 2,745,330 | 2,404,698 | 2,586,453 | 1,730,106 | 1,007,329 | 386,593 | 399,429 | 346,664 | 263,286 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,047,118 | 2,621,689 | 2,051,649 | 1,513,217 | ||||||||||
| Depreciation | 23,714 | 19,650 | 17,962 | 19,035 | 12,045 | 15,738 | 11,883 | 8,428 | 5,476 | 3,186 | 2,394 | 2,572 | ||
| Amortisation | ||||||||||||||
| Tax | -11,409 | 952,253 | -213,089 | -149,845 | ||||||||||
| Stock | ||||||||||||||
| Debtors | 620,069 | -397,325 | -353,973 | 679,726 | 847,196 | 344,298 | -9,152 | 260,392 | 262,423 | 939,316 | -202,381 | 143,573 | 24,730 | 289,888 |
| Creditors | -21,422 | 42,985 | -780,671 | 131,712 | 150,182 | 206,409 | 31,789 | -1,176,221 | 491,341 | 592,961 | 39,821 | 119,174 | 105,108 | 166,652 |
| Accruals and Deferred Income | 1,141,504 | -1,242,145 | 462,163 | 405,320 | 25,588 | 627,721 | -307,401 | 1,065,509 | ||||||
| Deferred Taxes & Provisions | -23,985 | -1,981 | 4,780 | 3,812 | 23 | -2,258 | 6,337 | 2,576 | 3,107 | 3,999 | 887 | 246 | 2,457 | |
| Cash flow from operations | 1,559,436 | 2,748,122 | 1,872,044 | 1,245,108 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -14,236 | 1,920 | 3,364 | 8,952 | ||||||||||
| Group/Directors Accounts | 132,520 | |||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -226,297 | -9,995 | -9,485 | -9,008 | -8,745 | 27,505 | -9,295 | -17,301 | -990 | 263,611 | ||||
| Hire Purchase and Lease Commitments | 44,068 | |||||||||||||
| other long term liabilities | -35,849 | 1,604 | 2,870 | 409 | 30,966 | |||||||||
| share issue | ||||||||||||||
| interest | 1,905 | -30,836 | -15,122 | -9,319 | ||||||||||
| cash flow from financing | 178,493 | -271,369 | -23,197 | -15,440 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,725,174 | 2,953,574 | 1,264,152 | 168,437 | -1,230 | 791,510 | -451,567 | 460,303 | 920,260 | 258,640 | 6,535 | 24,816 | 165,027 | 127,870 |
| overdraft | -8,655 | 319 | 374 | 7,962 | ||||||||||
| change in cash | 1,725,174 | 2,953,574 | 1,264,152 | 168,437 | 7,425 | 791,191 | -451,941 | 452,341 | 920,260 | 258,640 | 6,535 | 24,816 | 165,027 | 127,870 |
brightgen limited Credit Report and Business Information
Brightgen Limited Competitor Analysis
Perform a competitor analysis for brightgen limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
brightgen limited Ownership
BRIGHTGEN LIMITED group structure
Brightgen Limited has no subsidiary companies.
Ultimate parent company
OMNICOM GROUP INC
#0053407
2 parents
BRIGHTGEN LIMITED
05994605
brightgen limited directors
Brightgen Limited currently has 5 directors. The longest serving directors include Mr Justin Bell (Nov 2021) and Mr Justin Bell (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Justin Bell | England | 46 years | Nov 2021 | - | Director |
| Mr Justin Bell | United Kingdom | 46 years | Nov 2021 | - | Director |
| Mr John Betts | England | 54 years | Nov 2021 | - | Director |
| Mr John Wardle | England | 57 years | Nov 2021 | - | Director |
| Mr Dejon Yeoman | England | 48 years | Apr 2023 | - | Director |
P&L
December 2022turnover
14.8m
-7%
operating profit
1m
-60%
gross margin
38.5%
-6.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
9.6m
+0.12%
total assets
12m
+0.24%
cash
8.4m
+0.26%
net assets
Total assets minus all liabilities
brightgen limited company details
company number
05994605
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
November 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
PRICE BAILEY LLP
address
bankside 3, 90 - 100 southwark street, london, SE1 0SW
Bank
-
Legal Advisor
-
brightgen 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 2 charges/mortgages relating to brightgen limited. Currently there are 0 open charges and 2 have been satisfied in the past.
brightgen 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.
Click to start generating capital raising & share issue transactions for BRIGHTGEN LIMITED. This can take several minutes, an email will notify you when this has completed.
brightgen limited Companies House Filings - See Documents
| date | description | view/download |
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