bright spark tuition limited
bright spark tuition limited Company Information
Company Number
08252362
Website
www.brightsparktuition.comRegistered Address
20 hill lane, southampton, SO15 5AX
Industry
Other education n.e.c.
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
connie leung & chau fung leung 100%
bright spark tuition limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SPARK TUITION LIMITED at £376k based on a Turnover of £612.5k and 0.61x industry multiple (adjusted for size and gross margin).
bright spark tuition limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SPARK TUITION LIMITED at £106.5k based on an EBITDA of £35.4k and a 3.01x industry multiple (adjusted for size and gross margin).
bright spark tuition limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SPARK TUITION LIMITED at £553.4k based on Net Assets of £244k and 2.27x industry multiple (adjusted for liquidity).
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Bright Spark Tuition Limited Overview
Bright Spark Tuition Limited is a live company located in southampton, SO15 5AX with a Companies House number of 08252362. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in October 2012, it's largest shareholder is connie leung & chau fung leung with a 100% stake. Bright Spark Tuition Limited is a established, small sized company, Pomanda has estimated its turnover at £612.5k with rapid growth in recent years.
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Bright Spark Tuition Limited Health Check
Pomanda's financial health check has awarded Bright Spark Tuition 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
2 Regular
4 Weak
Size
annual sales of £612.5k, make it larger than the average company (£482.7k)
- Bright Spark Tuition Limited
£482.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (5.7%)
- Bright Spark Tuition Limited
5.7% - Industry AVG
Production
with a gross margin of 31.5%, this company has a higher cost of product (57.3%)
- Bright Spark Tuition Limited
57.3% - Industry AVG
Profitability
an operating margin of 5.8% make it as profitable than the average company (5.1%)
- Bright Spark Tuition Limited
5.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Bright Spark Tuition Limited
13 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Bright Spark Tuition Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £306.3k, this is more efficient (£51.3k)
- Bright Spark Tuition Limited
£51.3k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (18 days)
- Bright Spark Tuition Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (24 days)
- Bright Spark Tuition Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bright Spark Tuition Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bright Spark Tuition Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (23.6%)
12.8% - Bright Spark Tuition Limited
23.6% - Industry AVG
BRIGHT SPARK TUITION LIMITED financials
Bright Spark Tuition Limited's latest turnover from October 2023 is estimated at £612.5 thousand and the company has net assets of £244 thousand. According to their latest financial statements, Bright Spark Tuition Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 105,292 | 129,005 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | |||||||||
| Pre-Tax Profit | 47,864 | 67,725 | |||||||||
| Tax | -9,094 | -13,395 | |||||||||
| Profit After Tax | 38,770 | 54,330 | |||||||||
| Dividends Paid | 0 | 0 | |||||||||
| Retained Profit | 38,770 | 54,330 | |||||||||
| Employee Costs | 938 | 6,622 | |||||||||
| Number Of Employees | 2 | 2 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,219 | 3,175 | 2,080 | 2,896 | 4,499 | 3,859 | 2,902 | 2,577 | 985 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 54 | 104 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 34,219 | 3,175 | 2,080 | 2,896 | 4,499 | 3,859 | 2,956 | 2,681 | 1,985 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 230,018 | 205,753 | 194,315 | 132,013 | 74,161 | 15,430 | 15,430 | 0 | 2,270 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 15,699 | 15,699 | 2,664 | 0 | 0 | 269 | 0 | 0 | 0 | 1,000 | 1,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 40,305 | 9,157 | 24,582 | 0 | 2,739 | 282 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 245,717 | 221,452 | 196,979 | 132,013 | 74,161 | 56,004 | 24,587 | 24,582 | 2,270 | 3,739 | 1,282 |
| total assets | 279,936 | 224,627 | 199,059 | 134,909 | 78,660 | 59,863 | 27,543 | 27,263 | 4,255 | 3,739 | 1,282 |
| 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 | 20,548 | 6,167 | 35,039 | 9,705 | 7,823 | 0 | 0 | 0 | 657 | 558 | 68 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 486 | 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 | 0 | 0 | 0 | 0 | 0 | 7,806 | 4,161 | 0 | 0 | 0 | 0 |
| total current liabilities | 20,548 | 6,167 | 35,039 | 9,705 | 7,823 | 8,292 | 4,161 | 0 | 657 | 558 | 68 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 15,364 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,364 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 35,912 | 7,167 | 35,039 | 9,705 | 7,823 | 8,292 | 4,161 | 0 | 657 | 558 | 68 |
| net assets | 244,024 | 217,460 | 164,020 | 125,204 | 70,837 | 51,571 | 23,382 | 27,263 | 3,598 | 3,181 | 1,214 |
| total shareholders funds | 244,024 | 217,460 | 164,020 | 125,204 | 70,837 | 51,571 | 23,382 | 27,263 | 3,598 | 3,181 | 1,214 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 1,442 | 1,969 | 1,761 | 1,851 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | -9,094 | -13,395 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 24,265 | 24,473 | 64,966 | 57,852 | 58,462 | 269 | 15,430 | -2,270 | 1,270 | 0 | 1,000 |
| Creditors | 14,381 | -28,872 | 25,334 | 1,882 | 7,823 | 0 | 0 | -657 | 99 | 490 | 68 |
| Accruals and Deferred Income | -1,000 | 1,000 | 0 | 0 | -7,806 | 3,645 | 4,161 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | 1,000 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -486 | 486 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 15,364 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | |||||||||
| cash flow from financing | 46 | 37 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | -40,305 | 31,148 | -15,425 | 24,582 | -2,739 | 2,457 | 282 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -40,305 | 31,148 | -15,425 | 24,582 | -2,739 | 2,457 | 282 |
bright spark tuition limited Credit Report and Business Information
Bright Spark Tuition Limited Competitor Analysis
Perform a competitor analysis for bright spark tuition limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in SO15 area or any other competitors across 12 key performance metrics.
bright spark tuition limited Ownership
BRIGHT SPARK TUITION LIMITED group structure
Bright Spark Tuition Limited has no subsidiary companies.
Ultimate parent company
BRIGHT SPARK TUITION LIMITED
08252362
bright spark tuition limited directors
Bright Spark Tuition Limited currently has 3 directors. The longest serving directors include Mrs Chau Leung (Jun 2015) and Miss Connie Leung (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Chau Leung | England | 61 years | Jun 2015 | - | Director |
| Miss Connie Leung | England | 32 years | Jul 2015 | - | Director |
| Mr Arnold Leung | England | 29 years | Aug 2022 | - | Director |
P&L
October 2023turnover
612.5k
+23%
operating profit
35.4k
0%
gross margin
31.5%
+5.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
244k
+0.12%
total assets
279.9k
+0.25%
cash
0
0%
net assets
Total assets minus all liabilities
bright spark tuition limited company details
company number
08252362
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
October 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
20 hill lane, southampton, SO15 5AX
Bank
-
Legal Advisor
-
bright spark tuition 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 bright spark tuition limited.
bright spark tuition limited Companies House Filings - See Documents
| date | description | view/download |
|---|
