Bright Associates Limited in Croydon, CR0 8EA

Description

Data updated on: 01-11-2023

Bright Associates came into being in 2003 as a company enlisted under no 04784154, located at CR0 8EA Croydon at 792 Wickham Road. The company has been in business for 21 years and its current status is active. This enterprise's classified under the NACE and SIC code 46900 - Non-specialised wholesale trade. Bright Associates Ltd filed its latest accounts for the period up to 2022-07-31. The firm's latest confirmation statement was filed on 2023-03-29.

As found in this firm's executives data, since 2020 there have been three directors: Hafiz R., Munawar M. and Khadija H..

Executives who have control over the firm are as follows: Munawar M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Khadija H. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	4 218	1 982	558	-570	-1 066	5 942

Balance Sheet
Cash Bank On Hand						14 659	15 215	65 752	609	45 558	40 111	3 702
Current Assets	10 706	4 169	5 745	751	685	533 252	570 269	774 026	1 208 960	1 918 638	1 792 912	2 977 734
Debtors					0	67 143	45 804	84 803	146 256	502 830	224 741	235 382
Net Assets Liabilities						5 942	14 006	27 026	44 041	95 703	199 448	231 401
Other Debtors						239			575			1 249
Property Plant Equipment						991	419 011	422 619	428 795	419 909	412 852	405 502
Total Inventories						451 450	509 250	623 471	1 087 095	1 370 250	1 528 060	2 738 650
Cash Bank In Hand	10 706	4 169	5 745	751	685	14 659
Net Assets Liabilities Including Pension Asset Liability	4 218	1 982	558	-570	-1 066	5 942
Stocks Inventory					0	451 450
Tangible Fixed Assets	870	2 421	1 937	1 549	1 240	991

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	4 118	1 882	458	-670	-1 166	5 842
Shareholder Funds	4 218	1 982	558	-570	-1 066	5 942

Other Financial Data
Total Fixed Assets Cost Or Valuation		4 365	4 365	4 365	4 365	4 365
Total Fixed Assets Depreciation		1 944	2 428	2 816	3 125	3 374
Total Fixed Assets Depreciation Charge In Period			484		309	249
Accrued Liabilities Not Expressed Within Creditors Subtotal							6 145	8 225
Accumulated Depreciation Impairment Property Plant Equipment						3 374	8 977	16 474	26 548	35 434	43 589	50 939
Additions Other Than Through Business Combinations Property Plant Equipment							423 623		16 250		1 098
Average Number Employees During Period						15	15	8	8	8	9	5
Bank Borrowings Overdrafts						490 000	882 476	944 845	1 284 845	1 487 634	1 417 554	2 688 957
Corporation Tax Payable						1 943	3 823	2 378	4 923	19 635	26 233	35 558
Creditors						38 301	92 798	173 774	257 869	312 210	474 762	358 878
Depreciation Rate Used For Property Plant Equipment							1		20	20	20	20
Fixed Assets	870	2 421	1 937	1 549	1 240	991	419 011	422 619
Increase From Depreciation Charge For Year Property Plant Equipment							5 603		10 074	8 886	8 155	7 350
Net Current Assets Liabilities	3 348	-439	-1 379	-2 119	-2 306	494 951	477 471	600 252	951 091	1 606 428	1 318 150	2 618 856
Other Creditors						7 438	51 422	71 685	88 821	118 412	315 863	281 667
Other Taxation Social Security Payable						268	2 192	4 394	3 534	11 399	10 554	5 540
Property Plant Equipment Gross Cost						4 365	427 988	439 093	455 343	455 343	456 441	456 441
Total Assets Less Current Liabilities	4 218	1 982	558	-570	-1 066	495 942	896 482	1 031 096	1 379 886	1 697 337	1 731 002	3 024 358
Trade Creditors Trade Payables						28 652	35 361	95 317	160 591	162 764	122 112	36 113
Trade Debtors Trade Receivables						66 904	45 804	84 803	120 681	502 830	224 741	234 133
Advances Credits Directors					842	3 368	45 277	114 460	132 701	554 597	422 898	377 294
Advances Credits Made In Period Directors						2 526	101 909	69 183	18 241	421 896	131 699
Creditors Due After One Year Total Noncurrent Liabilities					0	490 000
Creditors Due Within One Year Total Current Liabilities		4 608	7 124	2 870	2 991	38 301
Tangible Fixed Assets Cost Or Valuation	2 209	4 365	4 365	4 365	4 365	4 365
Tangible Fixed Assets Depreciation	1 339	1 944	2 428	2 816	3 125	3 374
Tangible Fixed Assets Depreciation Charge For Period			484		309	249
Creditors Due Within One Year	7 358	4 608	7 124	2 870
Number Shares Allotted		100
Par Value Share		1
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		2 156
Tangible Fixed Assets Depreciation Charged In Period		605		388