Pomanda estimates the enterprise value of BRIGHT TIDE LTD at £83.2k based on a Turnover of £145k and 0.57x industry multiple (adjusted for size and gross margin).
bright tide ltdEstimated Valuation
£1.5k
Pomanda estimates the enterprise value of BRIGHT TIDE LTD at £1.5k based on an EBITDA of £296 and a 5.19x industry multiple (adjusted for size and gross margin).
bright tide ltdEstimated Valuation
£236.3k
Pomanda estimates the enterprise value of BRIGHT TIDE LTD at £236.3k based on Net Assets of £99.5k and 2.38x industry multiple (adjusted for liquidity).
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Bright Tide LtdOverview
Bright Tide Ltd is a live company located in london, SW3 2ND with a Companies House number of 13239982. It operates in the environmental consulting activities sector, SIC Code 74901. Founded in March 2021, it's largest shareholder is
harry wright
with a 50% stake. Bright Tide Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£145k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Bright Tide Ltd a 4 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 Rating4out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £145k, make it smaller than the average company (£762.2k)
£145k - Bright Tide Ltd
£762.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Bright Tide Ltd
- - Industry AVG
Production
with a gross margin of 41.4%, this company has a comparable cost of product (41.4%)
41.4% - Bright Tide Ltd
41.4% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (6.1%)
-0.2% - Bright Tide Ltd
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Bright Tide Ltd
9 - Industry AVG
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)
£38.9k - Bright Tide Ltd
£38.9k - Industry AVG
Efficiency
resulting in sales per employee of £145k, this is more efficient (£86.9k)
£145k - Bright Tide Ltd
£86.9k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (49 days)
86 days - Bright Tide Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (23 days)
4 days - Bright Tide Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bright Tide Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 97 weeks, this is more cash available to meet short term requirements (43 weeks)
97 weeks - Bright Tide Ltd
43 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.7%, this is a lower level of debt than the average (55.2%)
41.7% - Bright Tide Ltd
55.2% - Industry AVG
BRIGHT TIDE LTD financials
EXPORT
Bright Tide Ltd's latest turnover from March 2024 is estimated at £145 thousand and the company has net assets of £99.5 thousand. According to their latest financial statements, Bright Tide Ltd has 1 employee and maintains cash reserves of £132.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
144,981
55,914
70,853
Other Income Or Grants
Cost Of Sales
85,020
30,768
41,415
Gross Profit
59,961
25,146
29,438
Admin Expenses
60,229
32,495
32,980
Operating Profit
-268
-7,349
-3,542
Interest Payable
1
Interest Receivable
6,390
5,255
511
Pre-Tax Profit
6,120
-2,094
-3,031
Tax
-1,530
Profit After Tax
4,590
-2,094
-3,031
Dividends Paid
Retained Profit
4,590
-2,094
-3,031
Employee Costs
38,931
36,981
33,773
Number Of Employees
1
1
1
EBITDA*
297
-7,349
-3,542
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
3,505
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,505
Stock & work in progress
Trade Debtors
34,386
16,175
Group Debtors
Misc Debtors
358
1
Cash
132,492
110,921
136,368
misc current assets
total current assets
167,236
110,921
152,544
total assets
170,741
110,921
152,544
Bank overdraft
22
Bank loan
Trade Creditors
1,142
36
1,895
Group/Directors Accounts
95
107
other short term finances
hp & lease commitments
other current liabilities
69,350
15,902
53,679
total current liabilities
70,609
16,045
55,574
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
666
total long term liabilities
666
total liabilities
71,275
16,045
55,574
net assets
99,466
94,876
96,970
total shareholders funds
99,466
94,876
96,970
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
-268
-7,349
-3,542
Depreciation
565
Amortisation
Tax
-1,530
Stock
Debtors
34,744
-16,176
16,176
Creditors
1,106
-1,859
1,895
Accruals and Deferred Income
53,448
-37,777
53,679
Deferred Taxes & Provisions
666
Cash flow from operations
19,243
-30,809
35,856
Investing Activities
capital expenditure
-4,070
Change in Investments
cash flow from investments
-4,070
Financing Activities
Bank loans
Group/Directors Accounts
-12
107
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100,001
interest
6,389
5,255
511
cash flow from financing
6,377
5,362
100,512
cash and cash equivalents
cash
21,571
-25,447
136,368
overdraft
22
change in cash
21,549
-25,447
136,368
bright tide ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for bright tide ltd. Get real-time insights into bright tide ltd's credit score, group structure and payment trends.
Perform a competitor analysis for bright tide ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SW3 area or any other competitors across 12 key performance metrics.
bright tide ltd Ownership
BRIGHT TIDE LTD group structure
Bright Tide Ltd has no subsidiary companies.
Ultimate parent company
BRIGHT TIDE LTD
13239982
BRIGHT TIDE LTD Shareholders
The largest shareholders in Bright Tide Ltd include Harry Wright and Beth Nahrin Bisso Blood.
harry wright
50%
beth nahrin bisso blood
50%
bright tide ltd directors
Bright Tide Ltd currently has 3 directors.
The longest serving directors include
Mr Harry Wright (Mar 2021) and
Mr Jonathan Baillie (Jul 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
99.5k
+0.05%
total assets
170.7k
+0.54%
cash
132.5k
+0.19%
net assets
Total assets minus all liabilities
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bright tide ltd company details
company number
13239982
Type
Private limited with Share Capital
industry
74901 - Environmental consulting activities
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ANDREW DONALDSON
auditor
-
address
25 ives street, london, SW3 2ND
Bank
-
Legal Advisor
-
bright tide 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 bright tide ltd.
bright tide 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.
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bright tide ltdCompanies House Filings - See Documents
