BRIGHT STREET LTD

Executive Summary

Bright Street Ltd, a recently incorporated private company, shows early signs of financial distress with net liabilities and negative working capital. While regulatory compliance is up to date and the director maintains full control, the lack of assets and operational history raises concerns about solvency and business sustainability. Further due diligence on funding and business plans is essential before considering investment.

BRIGHT STREET LTD - Analysis Report

Company Number: 14808807

Analysis Date: 2025-07-29 21:00 UTC

1. Risk Rating: HIGH
   Bright Street Ltd exhibits significant solvency risk as demonstrated by negative net current assets and net liabilities shortly after incorporation. The company's financial position indicates it cannot meet short-term obligations without additional funding.

2. Key Concerns:

• Negative net current assets of £-363 and net liabilities indicate immediate solvency challenges.
• The company operates with a single director who is also the sole shareholder and secretary, which may limit governance oversight.
• Limited operational history (just over one year) and absence of reported revenue or assets beyond minimal cash suggest uncertain business viability.

3. Positive Indicators:

• The company is current with all statutory filings, including accounts and confirmation statements, reflecting compliance with regulatory requirements.
• The director, Mr. Daniel Bradshaw, is actively involved and holds full control, potentially facilitating swift decision-making.
• The business operates in diversified real estate activities, including development and letting, which could offer multiple revenue streams if successfully developed.

4. Due Diligence Notes:

• Investigate the source and sustainability of working capital given the negative net current assets and absence of fixed assets.
• Review any underlying contracts, leases, or pipeline projects related to property development and letting to assess future revenue prospects.
• Confirm whether additional financing or capital injections are planned to address the current deficit and support ongoing operations.
• Assess director background and capacity to manage and grow the business given the sole control and limited staff.