bright sparks led nursery group limited
bright sparks led nursery group limited Company Information
Company Number
10354339
Website
-Registered Address
16 cookgate, nunthorpe, middlesbrough, TS7 0LP
Industry
Pre-primary education
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
laura bradley 50%
kelly haigh 50%
bright sparks led nursery group limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SPARKS LED NURSERY GROUP LIMITED at £464.6k based on a Turnover of £1.1m and 0.42x industry multiple (adjusted for size and gross margin).
bright sparks led nursery group limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SPARKS LED NURSERY GROUP LIMITED at £0 based on an EBITDA of £-54.2k and a 2.21x industry multiple (adjusted for size and gross margin).
bright sparks led nursery group limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT SPARKS LED NURSERY GROUP LIMITED at £131.1k based on Net Assets of £66.5k and 1.97x industry multiple (adjusted for liquidity).
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Bright Sparks Led Nursery Group Limited Overview
Bright Sparks Led Nursery Group Limited is a live company located in middlesbrough, TS7 0LP with a Companies House number of 10354339. It operates in the pre-primary education sector, SIC Code 85100. Founded in September 2016, it's largest shareholder is laura bradley with a 50% stake. Bright Sparks Led Nursery Group Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.
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Bright Sparks Led Nursery Group Limited Health Check
Pomanda's financial health check has awarded Bright Sparks Led Nursery Group Limited a 2.5 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 £1.1m, make it larger than the average company (£704.9k)
- Bright Sparks Led Nursery Group Limited
£704.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (3.1%)
- Bright Sparks Led Nursery Group Limited
3.1% - Industry AVG
Production
with a gross margin of 36.5%, this company has a higher cost of product (46.5%)
- Bright Sparks Led Nursery Group Limited
46.5% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (8.5%)
- Bright Sparks Led Nursery Group Limited
8.5% - Industry AVG
Employees
with 32 employees, this is similar to the industry average (32)
32 - Bright Sparks Led Nursery Group Limited
32 - Industry AVG
Pay Structure
on an average salary of £21.5k, the company has an equivalent pay structure (£21.5k)
- Bright Sparks Led Nursery Group Limited
£21.5k - Industry AVG
Efficiency
resulting in sales per employee of £34.5k, this is equally as efficient (£30.5k)
- Bright Sparks Led Nursery Group Limited
£30.5k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (3 days)
- Bright Sparks Led Nursery Group Limited
3 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (20 days)
- Bright Sparks Led Nursery Group Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bright Sparks Led Nursery Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bright Sparks Led Nursery Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.9%, this is a higher level of debt than the average (19.1%)
80.9% - Bright Sparks Led Nursery Group Limited
19.1% - Industry AVG
BRIGHT SPARKS LED NURSERY GROUP LIMITED financials
Bright Sparks Led Nursery Group Limited's latest turnover from September 2022 is estimated at £1.1 million and the company has net assets of £66.5 thousand. According to their latest financial statements, Bright Sparks Led Nursery Group Limited has 32 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 32 | 32 | 34 | 34 | 39 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 251,005 | 255,924 | 262,134 | 264,725 | 202,789 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 18,750 | 0 | 0 | 0 |
| Total Fixed Assets | 251,005 | 255,924 | 280,884 | 264,725 | 202,789 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 96,694 | 123,506 | 0 | 0 | 86,620 | 2 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 267,719 | 137,952 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 96,694 | 123,506 | 267,719 | 137,952 | 86,620 | 2 |
| total assets | 347,699 | 379,430 | 548,603 | 402,677 | 289,409 | 2 |
| Bank overdraft | 0 | 0 | 0 | 63,140 | 76,562 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 223,001 | 175,662 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 96,583 | 97,620 | 74,146 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 96,876 | 105,079 | 0 | 0 |
| total current liabilities | 223,001 | 175,662 | 193,459 | 265,839 | 265,723 | 0 |
| loans | 0 | 0 | 98,490 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 80,337 | 0 |
| other liabilities | 58,187 | 83,092 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 58,187 | 83,092 | 98,490 | 0 | 0 | 0 |
| total liabilities | 281,188 | 258,754 | 291,949 | 265,839 | 265,723 | 0 |
| net assets | 66,511 | 120,676 | 256,654 | 136,838 | 23,686 | 2 |
| total shareholders funds | 66,511 | 120,676 | 256,654 | 136,838 | 23,686 | 2 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 6,531 | 8,164 | 0 | |||
| Amortisation | 0 | 0 | 0 | |||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -26,812 | 104,756 | 18,750 | -86,620 | 86,618 | 2 |
| Creditors | 47,339 | 175,662 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -96,876 | -8,203 | 24,742 | 80,337 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -96,583 | -1,037 | 23,474 | 74,146 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -98,490 | 98,490 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -24,905 | 83,092 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | -267,719 | 129,767 | 137,952 | 0 | 0 |
| overdraft | 0 | 0 | -63,140 | -13,422 | 76,562 | 0 |
| change in cash | 0 | -267,719 | 192,907 | 151,374 | -76,562 | 0 |
bright sparks led nursery group limited Credit Report and Business Information
Bright Sparks Led Nursery Group Limited Competitor Analysis
Perform a competitor analysis for bright sparks led nursery group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bright sparks led nursery group limited Ownership
BRIGHT SPARKS LED NURSERY GROUP LIMITED group structure
Bright Sparks Led Nursery Group Limited has no subsidiary companies.
Ultimate parent company
BRIGHT SPARKS LED NURSERY GROUP LIMITED
10354339
bright sparks led nursery group limited directors
Bright Sparks Led Nursery Group Limited currently has 2 directors. The longest serving directors include Mrs Kelly Haigh (Sep 2016) and Miss Laura Bradley (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kelly Haigh | England | 44 years | Sep 2016 | - | Director |
| Miss Laura Bradley | England | 40 years | Sep 2016 | - | Director |
P&L
September 2022turnover
1.1m
-20%
operating profit
-54.2k
0%
gross margin
36.6%
+25.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
66.5k
-0.45%
total assets
347.7k
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
bright sparks led nursery group limited company details
company number
10354339
Type
Private limited with Share Capital
industry
85100 - Pre-primary education
incorporation date
September 2016
age
8
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
16 cookgate, nunthorpe, middlesbrough, TS7 0LP
last accounts submitted
September 2022
bright sparks led nursery group 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 sparks led nursery group limited.
bright sparks led nursery group limited Companies House Filings - See Documents
| date | description | view/download |
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