BRIGHT UP LTD

Executive Summary

Bright Up Ltd is a dormant company with minimal financial substance, showing only nominal share capital and no trading activity. Due to the lack of operational history, cash flow, and assets, it does not currently meet criteria for credit approval. Any future credit consideration should await evidence of business commencement and financial viability.

BRIGHT UP LTD - Analysis Report

Company Number: 13086922

Analysis Date: 2025-07-20 17:46 UTC

1. Credit Opinion: DECLINE
   Bright Up Ltd is a dormant company with no trading activity or financial transactions reported in the latest accounts. The balance sheet shows minimal net assets (£1), representing only the nominal share capital. There is no evidence of revenue, profitability, or cash flow generation. As such, the company currently lacks the financial substance and operational history necessary to support any credit facility. Extending credit would pose a high risk given the absence of financial performance or assets to secure repayment.

2. Financial Strength:
   The company's financial position is extremely limited. With net assets of just £1 and no recorded liabilities or current assets, the balance sheet comprises solely the nominal share capital. There are no fixed or current assets, no retained earnings, and no equity beyond the initial share issuance. This indicates no financial buffer or capacity to absorb losses or fund operations.

3. Cash Flow Assessment:
   There is no cash flow data to analyze due to the dormant status. The company has not engaged in any business activities that generate inflows or outflows of cash. Working capital is nonexistent, and there is no liquidity to meet operational or debt obligations.

4. Monitoring Points:

• Should Bright Up Ltd commence trading, closely monitor turnover, gross margins, and cash flow statements to assess operational viability.
• Review subsequent accounts for signs of revenue generation, profitability, and working capital management.
• Track any changes in director appointments or ownership that might indicate a change in business strategy or credit risk profile.
• Confirm that annual accounts and confirmation statements continue to be filed on time to maintain compliance.