bright soul ltd
bright soul ltd Company Information
Company Number
07889332
Website
-Registered Address
2 russell street, bath, somerset, BA1 2QF
Industry
Artistic creation
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Rachel Bright12 Years
Shareholders
rachel louise bright 100%
bright soul ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SOUL LTD at £26.4k based on a Turnover of £151.1k and 0.17x industry multiple (adjusted for size and gross margin).
bright soul ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SOUL LTD at £104.4k based on an EBITDA of £17.2k and a 6.08x industry multiple (adjusted for size and gross margin).
bright soul ltd Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SOUL LTD at £130.3k based on Net Assets of £517k and 0.25x industry multiple (adjusted for liquidity).
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Bright Soul Ltd Overview
Bright Soul Ltd is a live company located in somerset, BA1 2QF with a Companies House number of 07889332. It operates in the artistic creation sector, SIC Code 90030. Founded in December 2011, it's largest shareholder is rachel louise bright with a 100% stake. Bright Soul Ltd is a established, micro sized company, Pomanda has estimated its turnover at £151.1k with declining growth in recent years.
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Bright Soul Ltd Health Check
Pomanda's financial health check has awarded Bright Soul Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £151.1k, make it smaller than the average company (£295k)
- Bright Soul Ltd
£295k - Industry AVG
Growth
3 year (CAGR) sales growth of -66%, show it is growing at a slower rate (4.2%)
- Bright Soul Ltd
4.2% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
- Bright Soul Ltd
48.4% - Industry AVG
Profitability
an operating margin of 11.4% make it more profitable than the average company (7.3%)
- Bright Soul Ltd
7.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Bright Soul Ltd
6 - Industry AVG
Pay Structure
on an average salary of £25.9k, the company has an equivalent pay structure (£25.9k)
- Bright Soul Ltd
£25.9k - Industry AVG
Efficiency
resulting in sales per employee of £50.4k, this is less efficient (£71.4k)
- Bright Soul Ltd
£71.4k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is near the average (16 days)
- Bright Soul Ltd
16 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bright Soul Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bright Soul Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1719 weeks, this is more cash available to meet short term requirements (146 weeks)
1719 weeks - Bright Soul Ltd
146 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.5%, this is a lower level of debt than the average (24.5%)
1.5% - Bright Soul Ltd
24.5% - Industry AVG
BRIGHT SOUL LTD financials
Bright Soul Ltd's latest turnover from March 2023 is estimated at £151.1 thousand and the company has net assets of £517 thousand. According to their latest financial statements, we estimate that Bright Soul Ltd has 3 employees and maintains cash reserves of £258 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 312,404 | ||||||||||
| Other Income Or Grants | 0 | ||||||||||
| Cost Of Sales | 8,493 | ||||||||||
| Gross Profit | 303,911 | ||||||||||
| Admin Expenses | 57,881 | ||||||||||
| Operating Profit | 246,030 | ||||||||||
| Interest Payable | 0 | ||||||||||
| Interest Receivable | 0 | ||||||||||
| Pre-Tax Profit | 246,030 | ||||||||||
| Tax | -49,225 | ||||||||||
| Profit After Tax | 196,805 | ||||||||||
| Dividends Paid | 0 | ||||||||||
| Retained Profit | 196,805 | ||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | ||||||||||
| EBITDA* | 296,248 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 425 | 628 | 363 | 581 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,000 | 150,000 | 200,000 | 250,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,425 | 150,628 | 200,363 | 250,581 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,724 | 1,161 | 530,552 | 532,677 | 503,652 | 445,730 | 348,172 | 578 | 251 | 0 | 128 |
| Group Debtors | 250,474 | 250,058 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,453 | 277 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 257,978 | 249,719 | 0 | 0 | 0 | 0 | 0 | 501,622 | 454,627 | 293,010 | 230,192 |
| misc current assets | 156 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 524,785 | 501,215 | 530,552 | 532,677 | 503,652 | 445,730 | 348,172 | 502,200 | 454,878 | 293,010 | 230,320 |
| total assets | 524,785 | 501,215 | 530,552 | 532,677 | 503,652 | 445,730 | 348,172 | 562,625 | 605,506 | 493,373 | 480,901 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 8,802 | 58,565 | 63,033 | 73,790 | 82,843 | 398,168 | 92,206 | 176,876 | 343,870 |
| Group/Directors Accounts | 0 | 3,188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 7,803 | 3,320 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,803 | 6,508 | 8,802 | 58,565 | 63,033 | 73,790 | 82,843 | 398,168 | 92,206 | 176,876 | 343,870 |
| loans | 0 | 355 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 29,278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 116 |
| total long term liabilities | 0 | 355 | 30,178 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 116 |
| total liabilities | 7,803 | 6,863 | 38,980 | 58,565 | 63,033 | 73,790 | 82,843 | 398,168 | 92,206 | 176,876 | 343,986 |
| net assets | 516,982 | 494,352 | 491,572 | 474,112 | 440,619 | 371,940 | 265,329 | 164,457 | 513,300 | 316,497 | 136,915 |
| total shareholders funds | 516,982 | 494,352 | 491,572 | 474,112 | 440,619 | 371,940 | 265,329 | 164,457 | 513,300 | 316,497 | 136,915 |
| Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 246,030 | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 628 | 218 | 218 | 218 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 424 | 90,000 | 50,000 | 50,000 | 50,000 |
| Tax | -49,225 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 15,155 | 251,496 | -2,125 | 29,025 | 57,922 | 97,558 | 347,594 | 327 | 251 | -128 | 128 |
| Creditors | 0 | 0 | -49,763 | -4,468 | -10,757 | -9,053 | -315,325 | 305,962 | -84,670 | -166,994 | 343,870 |
| Accruals and Deferred Income | 4,483 | 3,320 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -116 | 116 |
| Cash flow from operations | 162,102 | ||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -3,188 | 3,188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -355 | 355 | 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 |
| other long term liabilities | 0 | 0 | 29,278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | ||||||||||
| cash flow from financing | -2 | ||||||||||
| cash and cash equivalents | |||||||||||
| cash | 8,259 | 249,719 | 0 | 0 | 0 | 0 | -501,622 | 46,995 | 161,617 | 62,818 | 230,192 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,259 | 249,719 | 0 | 0 | 0 | 0 | -501,622 | 46,995 | 161,617 | 62,818 | 230,192 |
bright soul ltd Credit Report and Business Information
Bright Soul Ltd Competitor Analysis
Perform a competitor analysis for bright soul ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bright soul ltd Ownership
BRIGHT SOUL LTD group structure
Bright Soul Ltd has no subsidiary companies.
Ultimate parent company
BRIGHT SOUL LTD
07889332
bright soul ltd directors
Bright Soul Ltd currently has 1 director, Ms Rachel Bright serving since Dec 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rachel Bright | United Kingdom | 47 years | Dec 2011 | - | Director |
P&L
March 2023turnover
151.1k
+445%
operating profit
17.2k
0%
gross margin
48.5%
-9.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
517k
+0.05%
total assets
524.8k
+0.05%
cash
258k
+0.03%
net assets
Total assets minus all liabilities
bright soul ltd company details
company number
07889332
Type
Private limited with Share Capital
industry
90030 - Artistic creation
incorporation date
December 2011
age
13
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
2 russell street, bath, somerset, BA1 2QF
last accounts submitted
March 2023
bright soul 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 soul ltd.
bright soul ltd Companies House Filings - See Documents
| date | description | view/download |
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