bright centres ltd
bright centres ltd Company Information
Group Structure
View All
Industry
Educational support activities
Registered Address
18 oakden street, london, SE11 4UG
Website
www.brightcentres.co.ukbright centres ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT CENTRES LTD at £57.9k based on a Turnover of £121.6k and 0.48x industry multiple (adjusted for size and gross margin).
bright centres ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT CENTRES LTD at £0 based on an EBITDA of £-11.7k and a 3.1x industry multiple (adjusted for size and gross margin).
bright centres ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT CENTRES LTD at £0 based on Net Assets of £-28.3k and 2.43x industry multiple (adjusted for liquidity).
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Bright Centres Ltd Overview
Bright Centres Ltd is a live company located in london, SE11 4UG with a Companies House number of 06772491. It operates in the educational support services sector, SIC Code 85600. Founded in December 2008, it's largest shareholder is unknown. Bright Centres Ltd is a established, micro sized company, Pomanda has estimated its turnover at £121.6k with declining growth in recent years.
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Bright Centres Ltd Health Check
Pomanda's financial health check has awarded Bright Centres Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £121.6k, make it smaller than the average company (£371.6k)
- Bright Centres Ltd
£371.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.9%)
- Bright Centres Ltd
6.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a higher cost of product (69.6%)
- Bright Centres Ltd
69.6% - Industry AVG
Profitability
an operating margin of -9.6% make it less profitable than the average company (2.9%)
- Bright Centres Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
- Bright Centres Ltd
9 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has an equivalent pay structure (£28.8k)
- Bright Centres Ltd
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £60.8k, this is equally as efficient (£54.7k)
- Bright Centres Ltd
£54.7k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (23 days)
- Bright Centres Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 137 days, this is slower than average (22 days)
- Bright Centres Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bright Centres Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bright Centres Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 176.5%, this is a higher level of debt than the average (33.6%)
176.5% - Bright Centres Ltd
33.6% - Industry AVG
BRIGHT CENTRES LTD financials
Bright Centres Ltd's latest turnover from December 2023 is estimated at £121.6 thousand and the company has net assets of -£28.3 thousand. According to their latest financial statements, we estimate that Bright Centres Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 61,100 | 53,100 | 40,900 | 52,000 | 8,200 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 666 | 419 | -417 | 9,619 | -9,549 | ||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 666 | 419 | -417 | 9,619 | -9,549 | ||||||||||
| Tax | |||||||||||||||
| Profit After Tax | 666 | 419 | -417 | 9,619 | -9,549 | ||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 666 | 419 | -417 | 9,619 | -9,549 | ||||||||||
| Employee Costs | 19,689 | 22,689 | 13,689 | 17,000 | 7,434 | ||||||||||
| Number Of Employees | 2 | ||||||||||||||
| EBITDA* | 1,084 | 941 | 236 | 10,435 | -8,529 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 14,145 | 17,681 | 22,101 | 27,288 | 24,038 | 13,230 | 6,376 | 3,264 | 4,080 | 5,101 | 1,670 | 2,089 | 2,611 | 3,264 | 4,080 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 14,145 | 17,681 | 22,101 | 27,288 | 24,038 | 13,230 | 6,376 | 3,264 | 4,080 | 5,101 | 1,670 | 2,089 | 2,611 | 3,264 | 4,080 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 22,903 | 31,048 | 23,075 | 23,430 | 32,374 | 22,279 | 8,412 | 8,989 | 4,700 | 2,825 | |||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 84,262 | 56,690 | 4,620 | 3,981 | 7,351 | 125 | 425 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 22,903 | 31,048 | 23,075 | 23,430 | 32,374 | 22,279 | 8,412 | 8,989 | 84,262 | 61,390 | 4,620 | 3,981 | 10,176 | 125 | 425 |
| total assets | 37,048 | 48,729 | 45,176 | 50,718 | 56,412 | 35,509 | 14,788 | 12,253 | 88,342 | 66,491 | 6,290 | 6,070 | 12,787 | 3,389 | 4,505 |
| Bank overdraft | 800 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 30,550 | 30,750 | 30,500 | 41,526 | 17,311 | 3,750 | 4,945 | 4,079 | 37,323 | ||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,900 | 3,320 | 800 | 140 | 100 | ||||||||||
| total current liabilities | 30,550 | 30,750 | 30,500 | 41,526 | 17,311 | 3,750 | 4,945 | 4,079 | 37,323 | 3,900 | 3,320 | 800 | 140 | 900 | |
| loans | 2,678 | 12,404 | 3,179 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 34,823 | 34,613 | 11,195 | 4,368 | |||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 34,823 | 34,613 | 11,195 | 4,368 | 2,678 | 12,404 | 3,179 | ||||||||
| total liabilities | 65,373 | 65,363 | 41,695 | 45,894 | 17,311 | 3,750 | 4,945 | 4,079 | 37,323 | 3,900 | 5,998 | 13,204 | 3,319 | 900 | |
| net assets | -28,325 | -16,634 | 3,481 | 4,824 | 39,101 | 31,759 | 9,843 | 8,174 | 88,342 | 29,168 | 2,390 | 72 | -417 | 70 | 3,605 |
| total shareholders funds | -28,325 | -16,634 | 3,481 | 4,824 | 39,101 | 31,759 | 9,843 | 8,174 | 88,342 | 29,168 | 2,390 | 72 | -417 | 70 | 9,549 |
| Dec 2023 | 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 | 666 | 419 | -417 | 9,619 | -9,549 | ||||||||||
| Depreciation | 1,021 | 1,275 | 418 | 522 | 653 | 816 | 1,020 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -8,145 | 7,973 | -355 | -8,944 | 10,095 | 13,867 | -577 | 8,989 | -4,700 | 4,700 | -2,825 | 2,825 | |||
| Creditors | -200 | 250 | -11,026 | 24,215 | 13,561 | -1,195 | 866 | 4,079 | -37,323 | 37,323 | |||||
| Accruals and Deferred Income | -3,900 | 580 | 2,520 | 660 | 40 | 100 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 1,664 | 6,286 | -1,929 | 10,475 | -8,429 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,678 | -9,726 | 9,225 | 3,179 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 210 | 23,418 | 6,827 | 4,368 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -1,026 | -9,656 | 9,155 | -15,919 | 19,098 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -84,262 | 27,572 | 52,070 | 639 | -3,370 | 7,226 | -300 | 425 | |||||||
| overdraft | -800 | 800 | |||||||||||||
| change in cash | -84,262 | 27,572 | 52,070 | 639 | -3,370 | 7,226 | 500 | -375 |
bright centres ltd Credit Report and Business Information
Bright Centres Ltd Competitor Analysis
Perform a competitor analysis for bright centres ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in SE11 area or any other competitors across 12 key performance metrics.
bright centres ltd Ownership
BRIGHT CENTRES LTD group structure
Bright Centres Ltd has no subsidiary companies.
Ultimate parent company
BRIGHT CENTRES LTD
06772491
bright centres ltd directors
Bright Centres Ltd currently has 4 directors. The longest serving directors include Miss Muna Ibrahim (Jul 2018) and Mr Neil Brindley (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Muna Ibrahim | 40 years | Jul 2018 | - | Director | |
| Mr Neil Brindley | 75 years | Jun 2020 | - | Director | |
| Mr Yazeed Muawia Elbadwai-Hamad | 48 years | Jun 2020 | - | Director | |
| Dr Liban Elmi | 30 years | Feb 2021 | - | Director |
P&L
December 2023turnover
121.6k
-23%
operating profit
-11.7k
0%
gross margin
33.2%
+9.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-28.3k
+0.7%
total assets
37k
-0.24%
cash
0
0%
net assets
Total assets minus all liabilities
bright centres ltd company details
company number
06772491
Type
Private Ltd By Guarantee w/o Share Cap
industry
85600 - Educational support activities
incorporation date
December 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
bright education centres limited (July 2018)
accountant
-
auditor
-
address
18 oakden street, london, SE11 4UG
Bank
-
Legal Advisor
-
bright centres ltd 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 did not find charges/mortgages relating to bright centres ltd.
bright centres ltd 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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bright centres ltd Companies House Filings - See Documents
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