brightwave enterprises limited
brightwave enterprises limited Company Information
Company Number
07066783
Next Accounts
Dec 2024
Industry
Other information technology and computer service activities
Directors
Shareholders
brightwave holdings limited
Group Structure
View All
Contact
Registered Address
1 more london place, london, SE1 2AF
Website
www.brightwavegroup.combrightwave enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTWAVE ENTERPRISES LIMITED at £1.4m based on a Turnover of £1.8m and 0.8x industry multiple (adjusted for size and gross margin).
brightwave enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTWAVE ENTERPRISES LIMITED at £5.8m based on an EBITDA of £1m and a 5.6x industry multiple (adjusted for size and gross margin).
brightwave enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHTWAVE ENTERPRISES LIMITED at £3.2m based on Net Assets of £1.4m and 2.23x industry multiple (adjusted for liquidity).
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Brightwave Enterprises Limited Overview
Brightwave Enterprises Limited is a dissolved company that was located in london, SE1 2AF with a Companies House number of 07066783. It operated in the other information technology service activities sector, SIC Code 62090. Founded in November 2009, it's largest shareholder was brightwave holdings limited with a 100% stake. The last turnover for Brightwave Enterprises Limited was estimated at £1.8m.
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Brightwave Enterprises Limited Health Check
Pomanda's financial health check has awarded Brightwave Enterprises Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
3 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£5.9m)
£1.8m - Brightwave Enterprises Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4%)
16% - Brightwave Enterprises Limited
4% - Industry AVG
Production
with a gross margin of 63%, this company has a lower cost of product (51.7%)
63% - Brightwave Enterprises Limited
51.7% - Industry AVG
Profitability
an operating margin of 57.3% make it more profitable than the average company (4%)
57.3% - Brightwave Enterprises Limited
4% - Industry AVG
Employees
with 4 employees, this is below the industry average (39)
4 - Brightwave Enterprises Limited
39 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has a lower pay structure (£65.2k)
£34.8k - Brightwave Enterprises Limited
£65.2k - Industry AVG
Efficiency
resulting in sales per employee of £450.7k, this is more efficient (£153.7k)
£450.7k - Brightwave Enterprises Limited
£153.7k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (54 days)
16 days - Brightwave Enterprises Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (37 days)
0 days - Brightwave Enterprises Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Brightwave Enterprises Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (15 weeks)
25 weeks - Brightwave Enterprises Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.5%, this is a lower level of debt than the average (64.9%)
32.5% - Brightwave Enterprises Limited
64.9% - Industry AVG
BRIGHTWAVE ENTERPRISES LIMITED financials
Brightwave Enterprises Limited's latest turnover from December 2021 is £1.8 million and the company has net assets of £1.4 million. According to their latest financial statements, Brightwave Enterprises Limited has 4 employees and maintains cash reserves of £334.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,802,602 | 1,120,001 | 1,005,800 | 1,142,557 | 1,172,283 | 1,056,164 | 1,093,087 | 876,808 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 667,340 | 558,544 | 515,617 | 537,522 | 503,914 | 320,824 | 411,856 | 280,945 | ||||
| Gross Profit | 1,135,262 | 561,457 | 490,183 | 605,035 | 668,369 | 735,340 | 681,231 | 595,863 | ||||
| Admin Expenses | 103,307 | 423,030 | 700,256 | 588,907 | 540,492 | 581,618 | 544,886 | 495,888 | ||||
| Operating Profit | 1,031,955 | 138,427 | -210,073 | 16,128 | 127,877 | 153,722 | 136,345 | 99,975 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 259 | ||||
| Interest Receivable | 814 | 3,549 | 0 | 0 | 0 | 0 | 0 | 86 | ||||
| Pre-Tax Profit | 1,032,769 | 141,976 | -210,073 | 16,128 | 127,887 | 153,722 | 136,345 | 99,802 | ||||
| Tax | -194,973 | -28,227 | 39,914 | -1,827 | -20,970 | -36,611 | 4,902 | -11,510 | ||||
| Profit After Tax | 837,796 | 113,749 | -170,159 | 14,301 | 106,917 | 117,111 | 141,247 | 88,292 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 837,796 | 113,749 | -170,159 | 14,301 | 106,917 | 117,111 | 141,247 | 88,292 | ||||
| Employee Costs | 139,086 | 299,994 | 252,796 | 353,595 | 329,354 | 296,664 | 344,225 | 409,852 | ||||
| Number Of Employees | 4 | 7 | 9 | 9 | 8 | 8 | 9 | |||||
| EBITDA* | 1,031,955 | 138,427 | -210,073 | 16,128 | 127,877 | 153,897 | 136,354 | 99,986 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 375 | 650 | 1,047 | 339 | 857 | 794 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 52,740 | 0 | 0 | 0 | 0 | 0 | 75 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 52,740 | 375 | 650 | 1,047 | 339 | 857 | 869 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 83,090 | 80,549 | 241,874 | 125,645 | 89,602 | 49,804 | 137,745 | 93,404 | 752,047 | 385,377 | 240,429 | 237,338 |
| Group Debtors | 1,608,171 | 1,932,583 | 3,199,831 | 1,459,189 | 1,445,000 | 1,326,667 | 17,289 | 455,563 | 0 | 0 | 0 | 0 |
| Misc Debtors | 69,738 | 113,845 | 0 | 10 | 3,842 | 56,107 | 64,730 | 39,239 | 0 | 0 | 0 | 0 |
| Cash | 334,165 | 0 | 4,797 | 187,548 | 90,623 | 261,706 | 722,845 | 265,697 | 100,290 | 3,152 | 87,138 | 34,093 |
| misc current assets | 0 | 0 | 36,850 | 29,943 | 31,770 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,095,164 | 2,138,664 | 3,483,352 | 1,802,335 | 1,660,837 | 1,694,284 | 942,609 | 853,903 | 852,337 | 388,529 | 327,567 | 271,431 |
| total assets | 2,095,164 | 2,138,664 | 3,483,352 | 1,802,335 | 1,660,837 | 1,747,024 | 942,984 | 854,553 | 853,384 | 388,868 | 328,424 | 272,300 |
| Bank overdraft | 0 | 627,534 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 543 | 11,530 | 21,796 | 2,988 | 7,232 | 8,073 | 68,127 | 7,710 | 687,885 | 332,214 | 397,026 | 352,393 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 564,826 | 433 | 218,772 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 679,868 | 922,643 | 2,998,348 | 1,165,980 | 1,034,539 | 661,976 | 479,318 | 374,280 | 0 | 0 | 0 | 0 |
| total current liabilities | 680,411 | 1,561,707 | 3,020,144 | 1,168,968 | 1,041,771 | 1,234,875 | 547,878 | 600,762 | 687,885 | 332,214 | 397,026 | 352,393 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 68 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 68 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 680,411 | 1,561,707 | 3,020,144 | 1,168,968 | 1,041,771 | 1,234,875 | 547,946 | 600,762 | 687,885 | 332,214 | 397,026 | 352,393 |
| net assets | 1,414,753 | 576,957 | 463,208 | 633,367 | 619,066 | 512,149 | 395,038 | 253,791 | 165,499 | 56,654 | -68,602 | -80,093 |
| total shareholders funds | 1,414,753 | 576,957 | 463,208 | 633,367 | 619,066 | 512,149 | 395,038 | 253,791 | 165,499 | 56,654 | -68,602 | -80,093 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 1,031,955 | 138,427 | -210,073 | 16,128 | 127,877 | 153,722 | 136,345 | 99,975 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 175 | 9 | 11 | 495 | 518 | 386 | 310 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -194,973 | -28,227 | 39,914 | -1,827 | -20,970 | -36,611 | 4,902 | -11,510 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -365,978 | -1,314,728 | 1,856,861 | 46,400 | 105,866 | 1,212,814 | -532,283 | -163,841 | 366,670 | 144,948 | 3,091 | 237,338 |
| Creditors | -10,987 | -10,266 | 18,808 | -4,244 | -841 | -60,054 | -619,758 | -680,175 | 355,671 | -64,812 | 44,633 | 352,393 |
| Accruals and Deferred Income | -242,775 | -2,075,705 | 1,832,368 | 131,441 | 372,563 | 182,658 | 479,318 | 374,280 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -68 | 68 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 949,198 | -661,043 | -175,844 | 95,098 | 372,763 | -972,992 | 533,167 | -53,578 | ||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -52,740 | 52,740 | 0 | 0 | 0 | 0 | -75 | 75 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -564,826 | 564,393 | 433 | 218,772 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 814 | 3,549 | 0 | 0 | 0 | 0 | 0 | -173 | ||||
| cash flow from financing | 814 | 3,549 | 0 | 0 | -564,826 | 564,393 | 88,725 | 218,599 | ||||
| cash and cash equivalents | ||||||||||||
| cash | 334,165 | -4,797 | -182,751 | 96,925 | -171,083 | -461,139 | 622,555 | 165,407 | 97,138 | -83,986 | 53,045 | 34,093 |
| overdraft | -627,534 | 627,534 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 961,699 | -632,331 | -182,751 | 96,925 | -171,083 | -461,139 | 622,555 | 165,407 | 97,138 | -83,986 | 53,045 | 34,093 |
brightwave enterprises limited Credit Report and Business Information
Brightwave Enterprises Limited Competitor Analysis
Perform a competitor analysis for brightwave enterprises limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in SE1 area or any other competitors across 12 key performance metrics.
brightwave enterprises limited Ownership
BRIGHTWAVE ENTERPRISES LIMITED group structure
Brightwave Enterprises Limited has no subsidiary companies.
Ultimate parent company
2 parents
BRIGHTWAVE ENTERPRISES LIMITED
07066783
brightwave enterprises limited directors
Brightwave Enterprises Limited currently has 1 director, Mr Marc Williams serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Williams | United Kingdom | 51 years | Aug 2022 | - | Director |
P&L
December 2021turnover
1.8m
+61%
operating profit
1m
+645%
gross margin
63%
+25.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
1.4m
+1.45%
total assets
2.1m
-0.02%
cash
334.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
brightwave enterprises limited company details
company number
07066783
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
November 2009
age
15
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
1 more london place, london, SE1 2AF
Bank
-
Legal Advisor
-
brightwave enterprises 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 did not find charges/mortgages relating to brightwave enterprises limited.
brightwave enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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