BRIGHT SCIENCE ACADEMY LTD

Executive Summary

Bright Science Academy Ltd shows solid financial growth with increasing net assets and strong liquidity for its size. The company’s simple structure and clean balance sheet support approval for credit, with emphasis on monitoring revenue performance and cash flow as it develops. No current risks or filing issues are evident, making it a low-risk borrower at this stage.

BRIGHT SCIENCE ACADEMY LTD - Analysis Report

Company Number: 14121011

Analysis Date: 2025-07-20 19:07 UTC

1. Credit Opinion: APPROVE
   Bright Science Academy Ltd demonstrates a positive and improving financial position with growing net assets and a solid net current asset position. The company is micro-sized, with no audit requirement, and is led by a single director who also holds full control of shares and voting rights. There is no indication of financial distress or negative signals such as overdue filings or director misconduct. Given the company’s improving balance sheet and active status, it is considered creditworthy for modest credit facilities, assuming the loan purpose aligns with its operational needs.

2. Financial Strength:
   The company’s net assets increased from £469 in 2023 to £4,643 in 2024, showing a strong upward trajectory. Fixed assets are minimal (£999), typical for a service/education entity, and current assets have nearly doubled from £2,905 to £5,247, while current liabilities remain low (£1,353). The company has positive shareholders’ funds matching net assets, indicating no hidden liabilities. The absence of employees and audit exemptions suggest a lean operational structure, which may limit scale but reduces fixed overhead risk.

3. Cash Flow Assessment:
   Bright Science Academy holds a healthy working capital position with net current assets of £3,894, up from £2,297 the prior year, suggesting good short-term liquidity. Current liabilities are well covered by current assets, and the relatively low level of accruals/deferred income (£250) indicates manageable obligations. The company’s cash flow appears sufficient to service short-term debt or credit lines, but detailed cash flow statements are unavailable. Continued monitoring of cash inflows from operations will be important as the company grows.

4. Monitoring Points:

• Maintain awareness of revenue generation and profitability as the company scales, since the profit and loss account is currently not publicly filed.
• Monitor cash flow trends to ensure liquidity remains robust, especially if credit facilities are extended.
• Watch for any changes in director or ownership structure since control is concentrated.
• Verify ongoing compliance with filing deadlines to avoid penalties or reputational risk.
• Track business growth indicators, such as expanding customer base or new educational offerings, to assess sustainability.