brite advice ltd
brite advice ltd Company Information
Company Number
07446641
Next Accounts
Aug 2025
Industry
Management consultancy activities (other than financial management)
Directors
Shareholders
kulvinder singh reyatt
Group Structure
View All
Contact
Registered Address
12 shallowford grove, furzton, milton keynes, buckinghamshire mk41nd, MK4 1ND
Website
www.briteadvice.combrite advice ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITE ADVICE LTD at £78.5k based on a Turnover of £122.7k and 0.64x industry multiple (adjusted for size and gross margin).
brite advice ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITE ADVICE LTD at £229.2k based on an EBITDA of £50.2k and a 4.56x industry multiple (adjusted for size and gross margin).
brite advice ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITE ADVICE LTD at £10.4k based on Net Assets of £4k and 2.58x industry multiple (adjusted for liquidity).
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Brite Advice Ltd Overview
Brite Advice Ltd is a live company located in milton keynes, MK4 1ND with a Companies House number of 07446641. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in November 2010, it's largest shareholder is kulvinder singh reyatt with a 100% stake. Brite Advice Ltd is a established, micro sized company, Pomanda has estimated its turnover at £122.7k with high growth in recent years.
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Brite Advice Ltd Health Check
Pomanda's financial health check has awarded Brite Advice Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £122.7k, make it smaller than the average company (£269.7k)
- Brite Advice Ltd
£269.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (7.8%)
- Brite Advice Ltd
7.8% - Industry AVG
Production
with a gross margin of 56.2%, this company has a comparable cost of product (56.2%)
- Brite Advice Ltd
56.2% - Industry AVG
Profitability
an operating margin of 32.9% make it more profitable than the average company (8.4%)
- Brite Advice Ltd
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Brite Advice Ltd
3 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
- Brite Advice Ltd
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £122.7k, this is equally as efficient (£110.1k)
- Brite Advice Ltd
£110.1k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (70 days)
- Brite Advice Ltd
70 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (27 days)
- Brite Advice Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Brite Advice Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Brite Advice Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.8%, this is a higher level of debt than the average (55.8%)
94.8% - Brite Advice Ltd
55.8% - Industry AVG
BRITE ADVICE LTD financials
Brite Advice Ltd's latest turnover from November 2023 is estimated at £122.7 thousand and the company has net assets of £4 thousand. According to their latest financial statements, Brite Advice Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 95,484 | 24,895 | |||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||
| Cost Of Sales | 33,867 | 486 | |||||||||||
| Gross Profit | 61,617 | 24,409 | |||||||||||
| Admin Expenses | 38,965 | 25,747 | |||||||||||
| Operating Profit | 22,652 | -1,338 | |||||||||||
| Interest Payable | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | |||||||||||
| Pre-Tax Profit | 22,652 | -1,338 | |||||||||||
| Tax | -4,901 | 0 | |||||||||||
| Profit After Tax | 17,751 | -1,338 | |||||||||||
| Dividends Paid | 20,000 | 0 | |||||||||||
| Retained Profit | -2,249 | -1,338 | |||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 2 | 2 | 4 | ||||||
| EBITDA* | 22,977 | -852 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,518 | 33,569 | 42,941 | 38,021 | 4,312 | 2,818 | 4,364 | 2,023 | 306 | 668 | 857 | 1,085 | 1,410 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 6,047 | 6,047 | 675 | 675 | 0 | 0 | 0 | 0 | 0 | 0 | 43,428 | 0 | 0 |
| Total Fixed Assets | 36,565 | 39,616 | 43,616 | 38,696 | 4,312 | 2,818 | 4,364 | 2,023 | 306 | 668 | 44,285 | 1,085 | 1,410 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,042 | 0 | 2,908 | 10,660 | 16,320 | 420 | 19,153 | 17,480 | 7,300 | 0 | 0 | 79,689 | 756 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,680 | 1,504 | 15,786 | 0 | 0 | 0 | 0 | 1,823 | 36,294 | 36,541 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 3,633 | 0 | 0 | 0 | 3,723 | 17,256 | 159 | 0 | 0 | 4,374 |
| misc current assets | 5,994 | 15,916 | 1 | 24,505 | 40,908 | 8,506 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 40,716 | 17,420 | 18,695 | 38,798 | 57,228 | 8,926 | 19,153 | 23,026 | 60,850 | 36,700 | 0 | 79,689 | 5,130 |
| total assets | 77,281 | 57,036 | 62,311 | 77,494 | 61,540 | 11,744 | 23,517 | 25,049 | 61,156 | 37,368 | 44,285 | 80,774 | 6,540 |
| Bank overdraft | 28,087 | 32,449 | 17,775 | 9,535 | 13,826 | 14,750 | 14,087 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 870 | 3,673 | 1,718 | 14,046 | 1,992 | 14,607 | 5,980 | 8,665 | 0 | 16,615 | 16,615 | 49,853 | 969 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 4,623 | 2,827 | 27,729 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 17,783 | 10,607 | 4,512 | 8,832 | 18,469 | 2,669 | 16,987 | 12,558 | 11,861 | 0 | 0 | 0 | 6,029 |
| total current liabilities | 46,740 | 46,729 | 24,005 | 32,413 | 34,287 | 32,026 | 41,677 | 24,050 | 39,590 | 16,615 | 16,615 | 49,853 | 6,998 |
| loans | 26,507 | 31,507 | 36,000 | 45,000 | 25,881 | 49,294 | 9,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 850 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 780 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,507 | 31,507 | 36,000 | 45,000 | 25,881 | 49,294 | 9,167 | 0 | 0 | 0 | 0 | 850 | 780 |
| total liabilities | 73,247 | 78,236 | 60,005 | 77,413 | 60,168 | 81,320 | 50,844 | 24,050 | 39,590 | 16,615 | 16,615 | 50,703 | 7,778 |
| net assets | 4,034 | -21,200 | 2,306 | 81 | 1,372 | -69,576 | -27,327 | 999 | 21,566 | 20,753 | 27,670 | 30,071 | -1,238 |
| total shareholders funds | 4,034 | -21,200 | 2,306 | 81 | 1,372 | -69,576 | -27,327 | 999 | 21,566 | 20,753 | 27,670 | 30,071 | -1,238 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 22,652 | -1,338 | |||||||||||
| Depreciation | 9,903 | 9,666 | 9,443 | 5,887 | 1,951 | 2,161 | 1,336 | 678 | 474 | 189 | 228 | 325 | 486 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,901 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 33,218 | -11,818 | 8,034 | -4,985 | 15,900 | -18,733 | -150 | -24,291 | 7,053 | -6,887 | -36,261 | 78,933 | 756 |
| Creditors | -2,803 | 1,955 | -12,328 | 12,054 | -12,615 | 8,627 | -2,685 | 8,665 | -16,615 | 0 | -33,238 | 48,884 | 969 |
| Accruals and Deferred Income | 7,176 | 6,095 | -4,320 | -9,637 | 15,800 | -14,318 | 4,429 | 697 | 11,861 | 0 | -850 | -5,179 | 6,029 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -17,152 | 5,390 | |||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -4,623 | 1,796 | -24,902 | 27,729 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,000 | -4,493 | -9,000 | 19,119 | -23,413 | 40,127 | 9,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | -780 | 780 |
| share issue | |||||||||||||
| interest | 0 | 0 | |||||||||||
| cash flow from financing | 32,778 | 880 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | -3,633 | 3,633 | 0 | 0 | -3,723 | -13,533 | 17,097 | 159 | 0 | -4,374 | 4,374 |
| overdraft | -4,362 | 14,674 | 8,240 | -4,291 | -924 | 663 | 14,087 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,362 | -14,674 | -11,873 | 7,924 | 924 | -663 | -17,810 | -13,533 | 17,097 | 159 | 0 | -4,374 | 4,374 |
brite advice ltd Credit Report and Business Information
Brite Advice Ltd Competitor Analysis
Perform a competitor analysis for brite advice ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in MK4 area or any other competitors across 12 key performance metrics.
brite advice ltd Ownership
BRITE ADVICE LTD group structure
Brite Advice Ltd has no subsidiary companies.
Ultimate parent company
BRITE ADVICE LTD
07446641
brite advice ltd directors
Brite Advice Ltd currently has 1 director, Mr Kulvinder Reyatt serving since Nov 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kulvinder Reyatt | England | 57 years | Nov 2010 | - | Director |
P&L
November 2023turnover
122.7k
+76%
operating profit
40.3k
0%
gross margin
56.2%
+2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
4k
-1.19%
total assets
77.3k
+0.35%
cash
0
0%
net assets
Total assets minus all liabilities
brite advice ltd company details
company number
07446641
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
November 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
ARTH LIMITED
auditor
-
address
12 shallowford grove, furzton, milton keynes, buckinghamshire mk41nd, MK4 1ND
Bank
-
Legal Advisor
-
brite advice 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 found 1 charges/mortgages relating to brite advice ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
brite advice ltd Companies House Filings - See Documents
| date | description | view/download |
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