bright spark trading (uk) ltd

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bright spark trading (uk) ltd Company Information

Share BRIGHT SPARK TRADING (UK) LTD

Company Number

11045033

Shareholders

matthew joseph spark

anne-sophie elizabeth spark

Group Structure

View All

Industry

Development of building projects

 

Registered Address

100 liverpool road cadishead, manchester, greater manchester, M44 5AN

Website

-

bright spark trading (uk) ltd Estimated Valuation

£207.6k

Pomanda estimates the enterprise value of BRIGHT SPARK TRADING (UK) LTD at £207.6k based on a Turnover of £646.4k and 0.32x industry multiple (adjusted for size and gross margin).

bright spark trading (uk) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BRIGHT SPARK TRADING (UK) LTD at £0 based on an EBITDA of £-57.4k and a 2.54x industry multiple (adjusted for size and gross margin).

bright spark trading (uk) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BRIGHT SPARK TRADING (UK) LTD at £0 based on Net Assets of £-57.4k and 1.41x industry multiple (adjusted for liquidity).

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Bright Spark Trading (uk) Ltd Overview

Bright Spark Trading (uk) Ltd is a live company located in greater manchester, M44 5AN with a Companies House number of 11045033. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2017, it's largest shareholder is matthew joseph spark with a 51% stake. Bright Spark Trading (uk) Ltd is a young, small sized company, Pomanda has estimated its turnover at £646.4k with rapid growth in recent years.

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Bright Spark Trading (uk) Ltd Health Check

Pomanda's financial health check has awarded Bright Spark Trading (Uk) Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £646.4k, make it smaller than the average company (£2.3m)

£646.4k - Bright Spark Trading (uk) Ltd

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1007%, show it is growing at a faster rate (6.1%)

1007% - Bright Spark Trading (uk) Ltd

6.1% - Industry AVG

production

Production

with a gross margin of 9.1%, this company has a higher cost of product (26.4%)

9.1% - Bright Spark Trading (uk) Ltd

26.4% - Industry AVG

profitability

Profitability

an operating margin of -8.9% make it less profitable than the average company (7.6%)

-8.9% - Bright Spark Trading (uk) Ltd

7.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Bright Spark Trading (uk) Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Bright Spark Trading (uk) Ltd

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £323.2k, this is more efficient (£277.7k)

£323.2k - Bright Spark Trading (uk) Ltd

£277.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Bright Spark Trading (uk) Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 158 days, this is slower than average (31 days)

158 days - Bright Spark Trading (uk) Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bright Spark Trading (uk) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bright Spark Trading (uk) Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 111.2%, this is a higher level of debt than the average (73.6%)

111.2% - Bright Spark Trading (uk) Ltd

73.6% - Industry AVG

BRIGHT SPARK TRADING (UK) LTD financials

EXPORTms excel logo

Bright Spark Trading (Uk) Ltd's latest turnover from March 2024 is estimated at £646.4 thousand and the company has net assets of -£57.4 thousand. According to their latest financial statements, Bright Spark Trading (Uk) Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Turnover646,387527,650477517508510
Other Income Or Grants
Cost Of Sales587,641475,900435466456456
Gross Profit58,74651,75042515254
Admin Expenses116,18280,374425152-69
Operating Profit-57,436-28,624123
Interest Payable
Interest Receivable
Pre-Tax Profit-57,436-28,624123
Tax-23
Profit After Tax-57,436-28,624100
Dividends Paid
Retained Profit-57,436-28,624100
Employee Costs96,63090,23943,95343,21942,66442,168
Number Of Employees221111
EBITDA*-57,436-28,624123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Tangible Assets512,423483,740
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets512,423483,740
Stock & work in progress
Trade Debtors100100100100
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets100100100100
total assets512,423483,740100100100100
Bank overdraft
Bank loan
Trade Creditors 255,209197,614
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities255,209197,614
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities314,650314,650
provisions
total long term liabilities314,650314,650
total liabilities569,859512,264
net assets-57,436-28,524100100100100
total shareholders funds-57,436-28,524100100100100
Mar 2024Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Operating Activities
Operating Profit-57,436-28,624123
Depreciation
Amortisation
Tax-23
Stock
Debtors-100100
Creditors255,209197,614
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations197,773169,090
Investing Activities
capital expenditure-512,423-483,740
Change in Investments
cash flow from investments-512,423-483,740
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities314,650314,650
share issue
interest
cash flow from financing314,650314,650
cash and cash equivalents
cash
overdraft
change in cash

bright spark trading (uk) ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bright Spark Trading (uk) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bright spark trading (uk) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in M44 area or any other competitors across 12 key performance metrics.

bright spark trading (uk) ltd Ownership

BRIGHT SPARK TRADING (UK) LTD group structure

Bright Spark Trading (Uk) Ltd has no subsidiary companies.

Ultimate parent company

BRIGHT SPARK TRADING (UK) LTD

11045033

BRIGHT SPARK TRADING (UK) LTD Shareholders

matthew joseph spark 51%
anne-sophie elizabeth spark 49%

bright spark trading (uk) ltd directors

Bright Spark Trading (Uk) Ltd currently has 2 directors. The longest serving directors include Mr Matthew Spark (Nov 2017) and Mrs Anne-Sophie Spark (Nov 2017).

officercountryagestartendrole
Mr Matthew SparkUnited Kingdom51 years Nov 2017- Director
Mrs Anne-Sophie SparkEngland48 years Nov 2017- Director

P&L

March 2024

turnover

646.4k

0%

operating profit

-57.4k

0%

gross margin

9.1%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-57.4k

0%

total assets

512.4k

0%

cash

0

0%

net assets

Total assets minus all liabilities

bright spark trading (uk) ltd company details

company number

11045033

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

100 liverpool road cadishead, manchester, greater manchester, M44 5AN

Bank

-

Legal Advisor

-

bright spark trading (uk) 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 bright spark trading (uk) ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

bright spark trading (uk) ltd Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for BRIGHT SPARK TRADING (UK) LTD. This can take several minutes, an email will notify you when this has completed.

bright spark trading (uk) ltd Companies House Filings - See Documents

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