my bright group ltd
my bright group ltd Company Information
Company Number
10485345
Next Accounts
Dec 2025
Industry
Advertising agencies
Shareholders
robert daniel lowry
victoria amanda lowry
Group Structure
View All
Contact
Registered Address
33 foley street, work life fitzrovia, fitzrovia, london, W1W 7TL
Website
-my bright group ltd Estimated Valuation
Pomanda estimates the enterprise value of MY BRIGHT GROUP LTD at £154.5k based on a Turnover of £311.3k and 0.5x industry multiple (adjusted for size and gross margin).
my bright group ltd Estimated Valuation
Pomanda estimates the enterprise value of MY BRIGHT GROUP LTD at £49.9k based on an EBITDA of £17.2k and a 2.91x industry multiple (adjusted for size and gross margin).
my bright group ltd Estimated Valuation
Pomanda estimates the enterprise value of MY BRIGHT GROUP LTD at £76.7k based on Net Assets of £38.9k and 1.97x industry multiple (adjusted for liquidity).
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My Bright Group Ltd Overview
My Bright Group Ltd is a live company located in fitzrovia, W1W 7TL with a Companies House number of 10485345. It operates in the advertising agencies sector, SIC Code 73110. Founded in November 2016, it's largest shareholder is robert daniel lowry with a 50% stake. My Bright Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £311.3k with healthy growth in recent years.
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My Bright Group Ltd Health Check
Pomanda's financial health check has awarded My Bright Group 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
4 Regular
4 Weak
Size
annual sales of £311.3k, make it smaller than the average company (£7.2m)
- My Bright Group Ltd
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.9%)
- My Bright Group Ltd
8.9% - Industry AVG
Production
with a gross margin of 42%, this company has a comparable cost of product (42%)
- My Bright Group Ltd
42% - Industry AVG
Profitability
an operating margin of 4.3% make it as profitable than the average company (4.8%)
- My Bright Group Ltd
4.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (34)
4 - My Bright Group Ltd
34 - Industry AVG
Pay Structure
on an average salary of £60.7k, the company has an equivalent pay structure (£60.7k)
- My Bright Group Ltd
£60.7k - Industry AVG
Efficiency
resulting in sales per employee of £77.8k, this is less efficient (£176.9k)
- My Bright Group Ltd
£176.9k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (51 days)
- My Bright Group Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (42 days)
- My Bright Group Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Bright Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (17 weeks)
44 weeks - My Bright Group Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.3%, this is a similar level of debt than the average (66.9%)
71.3% - My Bright Group Ltd
66.9% - Industry AVG
MY BRIGHT GROUP LTD financials
My Bright Group Ltd's latest turnover from March 2024 is estimated at £311.3 thousand and the company has net assets of £38.9 thousand. According to their latest financial statements, My Bright Group Ltd has 4 employees and maintains cash reserves of £72.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 6 | 6 | 3 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,819 | 12,154 | 17,589 | 4,257 | 2,269 | 836 | 866 |
| Intangible Assets | 0 | 0 | 0 | 2,000 | 4,000 | 6,000 | 8,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,819 | 12,154 | 17,589 | 6,257 | 6,269 | 6,836 | 8,866 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,920 | 17,386 | 17,342 | 30,029 | 27,378 | 20,708 | 6,663 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 30,925 | 3,034 | 15,000 | 11,448 | 0 | 0 | 0 |
| Cash | 72,105 | 79,569 | 57,380 | 116,435 | 25,567 | 7,895 | 34,313 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 127,950 | 99,989 | 89,722 | 157,912 | 52,945 | 28,603 | 40,976 |
| total assets | 135,769 | 112,143 | 107,311 | 164,169 | 59,214 | 35,439 | 49,842 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 1,069 |
| Bank loan | 8,519 | 8,519 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,197 | 1,921 | 1,213 | 6,823 | 2,340 | 1,215 | 1,001 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 75,108 | 55,749 | 41,571 | 79,059 | 43,855 | 21,781 | 31,488 |
| total current liabilities | 84,824 | 66,189 | 42,784 | 85,882 | 46,195 | 22,996 | 33,558 |
| loans | 10,080 | 18,043 | 33,611 | 40,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,955 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,035 | 18,043 | 33,611 | 40,000 | 0 | 0 | 0 |
| total liabilities | 96,859 | 84,232 | 76,395 | 125,882 | 46,195 | 22,996 | 33,558 |
| net assets | 38,910 | 27,911 | 30,916 | 38,287 | 13,019 | 12,443 | 16,284 |
| total shareholders funds | 38,910 | 27,911 | 30,916 | 38,287 | 13,019 | 12,443 | 16,284 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 3,942 | 5,986 | 8,663 | 1,064 | 1,117 | 412 | 500 |
| Amortisation | 0 | 0 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 35,425 | -11,922 | -9,135 | 14,099 | 6,670 | 14,045 | 6,663 |
| Creditors | -724 | 708 | -5,610 | 4,483 | 1,125 | 214 | 1,001 |
| Accruals and Deferred Income | 19,359 | 14,178 | -37,488 | 35,204 | 22,074 | -9,707 | 31,488 |
| Deferred Taxes & Provisions | 1,955 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 8,519 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -7,963 | -15,568 | -6,389 | 40,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -7,464 | 22,189 | -59,055 | 90,868 | 17,672 | -26,418 | 34,313 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -1,069 | 1,069 |
| change in cash | -7,464 | 22,189 | -59,055 | 90,868 | 17,672 | -25,349 | 33,244 |
my bright group ltd Credit Report and Business Information
My Bright Group Ltd Competitor Analysis
Perform a competitor analysis for my bright group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in W1W area or any other competitors across 12 key performance metrics.
my bright group ltd Ownership
MY BRIGHT GROUP LTD group structure
My Bright Group Ltd has no subsidiary companies.
Ultimate parent company
MY BRIGHT GROUP LTD
10485345
my bright group ltd directors
My Bright Group Ltd currently has 2 directors. The longest serving directors include Mrs Victoria Lowry (Nov 2016) and Mr Robert Lowry (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Victoria Lowry | England | 42 years | Nov 2016 | - | Director |
| Mr Robert Lowry | England | 45 years | Nov 2016 | - | Director |
P&L
March 2024turnover
311.3k
-17%
operating profit
13.2k
0%
gross margin
42.1%
-4.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
38.9k
+0.39%
total assets
135.8k
+0.21%
cash
72.1k
-0.09%
net assets
Total assets minus all liabilities
Similar Companies
my bright group ltd company details
company number
10485345
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
November 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
33 foley street, work life fitzrovia, fitzrovia, london, W1W 7TL
Bank
-
Legal Advisor
-
my bright group 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 my bright group ltd.
my bright group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
