brown & bright holdings limited
brown & bright holdings limited Company Information
Company Number
11092721
Website
brightbrown.comRegistered Address
unit 3 south quay the harbour, paignton, devon, TQ4 6DT
Industry
Activities of head offices
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
nicholas allan bright 30%
paul brown 30%
View Allbrown & bright holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN & BRIGHT HOLDINGS LIMITED at £512k based on a Turnover of £732.2k and 0.7x industry multiple (adjusted for size and gross margin).
brown & bright holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN & BRIGHT HOLDINGS LIMITED at £317k based on an EBITDA of £67.6k and a 4.69x industry multiple (adjusted for size and gross margin).
brown & bright holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN & BRIGHT HOLDINGS LIMITED at £1.2m based on Net Assets of £436.7k and 2.68x industry multiple (adjusted for liquidity).
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Brown & Bright Holdings Limited Overview
Brown & Bright Holdings Limited is a live company located in devon, TQ4 6DT with a Companies House number of 11092721. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2017, it's largest shareholder is nicholas allan bright with a 30% stake. Brown & Bright Holdings Limited is a young, small sized company, Pomanda has estimated its turnover at £732.2k with rapid growth in recent years.
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Brown & Bright Holdings Limited Health Check
Pomanda's financial health check has awarded Brown & Bright Holdings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £732.2k, make it smaller than the average company (£19.9m)
- Brown & Bright Holdings Limited
£19.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (4.4%)
- Brown & Bright Holdings Limited
4.4% - Industry AVG
Production
with a gross margin of 32.6%, this company has a comparable cost of product (32.6%)
- Brown & Bright Holdings Limited
32.6% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (5.9%)
- Brown & Bright Holdings Limited
5.9% - Industry AVG
Employees
with 7 employees, this is below the industry average (117)
7 - Brown & Bright Holdings Limited
117 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
- Brown & Bright Holdings Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £104.6k, this is less efficient (£187.7k)
- Brown & Bright Holdings Limited
£187.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Brown & Bright Holdings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (45 days)
- Brown & Bright Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is more than average (48 days)
- Brown & Bright Holdings Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Brown & Bright Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.7%, this is a higher level of debt than the average (57%)
70.7% - Brown & Bright Holdings Limited
57% - Industry AVG
BROWN & BRIGHT HOLDINGS LIMITED financials
Brown & Bright Holdings Limited's latest turnover from March 2023 is estimated at £732.2 thousand and the company has net assets of £436.7 thousand. According to their latest financial statements, Brown & Bright Holdings Limited has 7 employees and maintains cash reserves of £42.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 7 | 9 | 10 | 2 | 8 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 19,481 | 24,540 | 38,080 | 52,640 | 54,287 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 500 | 500 | 500 | 400 | 400 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,981 | 25,040 | 38,580 | 53,040 | 54,687 |
| Stock & work in progress | 96,827 | 88,504 | 88,504 | 88,278 | 85,000 |
| Trade Debtors | 0 | 0 | 24,825 | 51,686 | 58,925 |
| Group Debtors | 1,303,577 | 1,576,454 | 1,366,947 | 564,403 | 397,975 |
| Misc Debtors | 18,901 | 13,948 | 40,195 | 145,608 | 134,169 |
| Cash | 42,740 | 160,520 | 415,341 | 1,564 | 10,026 |
| misc current assets | 9,874 | 0 | 3,052 | 0 | 0 |
| total current assets | 1,471,919 | 1,839,426 | 1,938,864 | 851,539 | 686,095 |
| total assets | 1,491,900 | 1,864,466 | 1,977,444 | 904,579 | 740,782 |
| Bank overdraft | 0 | 0 | 0 | 7,521 | 0 |
| Bank loan | 416,667 | 516,667 | 100,000 | 0 | 0 |
| Trade Creditors | 27,973 | 22,277 | 31,632 | 15,610 | 59,677 |
| Group/Directors Accounts | 307,124 | 403,582 | 534,851 | 443,167 | 134,383 |
| other short term finances | 0 | 0 | 517 | 767 | 0 |
| hp & lease commitments | 3,048 | 11,302 | 9,019 | 8,940 | 8,861 |
| other current liabilities | 8,763 | 51,089 | 67,475 | 123,729 | 347,520 |
| total current liabilities | 763,575 | 1,004,917 | 743,494 | 599,734 | 550,441 |
| loans | 291,667 | 391,668 | 900,000 | 0 | 0 |
| hp & lease commitments | 0 | 3,048 | 14,350 | 23,885 | 32,246 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 4,673 | 4,960 | 5,366 | 5,366 |
| total long term liabilities | 291,667 | 399,389 | 919,310 | 29,251 | 37,612 |
| total liabilities | 1,055,242 | 1,404,306 | 1,662,804 | 628,985 | 588,053 |
| net assets | 436,658 | 460,160 | 314,640 | 275,594 | 152,729 |
| total shareholders funds | 436,658 | 460,160 | 314,640 | 275,594 | 152,729 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 12,559 | 13,540 | 14,560 | 14,210 | 4,313 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 8,323 | 0 | 226 | 3,278 | 85,000 |
| Debtors | -267,924 | 158,435 | 670,270 | 170,628 | 591,069 |
| Creditors | 5,696 | -9,355 | 16,022 | -44,067 | 59,677 |
| Accruals and Deferred Income | -42,326 | -16,386 | -56,254 | -223,791 | 347,520 |
| Deferred Taxes & Provisions | -4,673 | -287 | -406 | 0 | 5,366 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 100 | 0 | 400 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | -100,000 | 416,667 | 100,000 | 0 | 0 |
| Group/Directors Accounts | -96,458 | -131,269 | 91,684 | 308,784 | 134,383 |
| Other Short Term Loans | 0 | -517 | -250 | 767 | 0 |
| Long term loans | -100,001 | -508,332 | 900,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | -11,302 | -9,019 | -9,456 | -8,282 | 41,107 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -117,780 | -254,821 | 413,777 | -8,462 | 10,026 |
| overdraft | 0 | 0 | -7,521 | 7,521 | 0 |
| change in cash | -117,780 | -254,821 | 421,298 | -15,983 | 10,026 |
brown & bright holdings limited Credit Report and Business Information
Brown & Bright Holdings Limited Competitor Analysis
Perform a competitor analysis for brown & bright holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in TQ4 area or any other competitors across 12 key performance metrics.
brown & bright holdings limited Ownership
BROWN & BRIGHT HOLDINGS LIMITED group structure
Brown & Bright Holdings Limited has 5 subsidiary companies.
Ultimate parent company
BROWN & BRIGHT HOLDINGS LIMITED
11092721
5 subsidiaries
brown & bright holdings limited directors
Brown & Bright Holdings Limited currently has 4 directors. The longest serving directors include Mr Nicholas Bright (Dec 2017) and Mr Nicholas Bright (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Bright | United Kingdom | 60 years | Dec 2017 | - | Director |
| Mr Nicholas Bright | England | 60 years | Dec 2017 | - | Director |
| Mr Paul Brown | United Kingdom | 45 years | Dec 2017 | - | Director |
| Mrs Alice Bessell | England | 31 years | Feb 2023 | - | Director |
P&L
March 2023turnover
732.2k
-6%
operating profit
55k
0%
gross margin
32.6%
+0.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
436.7k
-0.05%
total assets
1.5m
-0.2%
cash
42.7k
-0.73%
net assets
Total assets minus all liabilities
Similar Companies
brown & bright holdings limited company details
company number
11092721
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
December 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
unit 3 south quay the harbour, paignton, devon, TQ4 6DT
accountant
-
auditor
-
brown & bright holdings 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 brown & bright holdings limited.
brown & bright holdings limited Companies House Filings - See Documents
| date | description | view/download |
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