{"name":"BRIGHTWAKE LIMITED","company_number":"01356034","status":"Active","type":"Private Limited Company","incorporated":"1978-03-07","dissolved":null,"registered_office":"Sidings Road, Lowmoor Ind Est, Kirkby In Ashfield, Notts, NG17 7JZ","postcode":"NG17 7JZ","sic_codes":[{"code":32500,"description":"Manufacture of medical and dental instruments and supplies"}],"principal_activity":"the manufacture of medical devices, more specifically, advanced wound care products and blood filtration surgical devices.","previous_names":[],"warnings":[],"accounts":{"category":"Group","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":230,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","profit_loss":-1507266,"net_assets":7867255,"cash":822929,"average_employees":230},{"financial_date":"2024-03-31","profit_loss":176594,"net_assets":8946332,"cash":1162083,"average_employees":231},{"financial_date":"2023-03-31","net_assets":8569524,"cash":1599481},{"financial_date":"2022-03-31","net_assets":8135175,"cash":889979},{"financial_date":"2021-03-31","net_assets":8088899,"cash":1150125}],"officers":{"current":4,"resigned":5,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Brightwake Limited is a long-established UK medical device manufacturer facing a challenging convergence of sector-wide headwinds. The 2025 financial year saw a significant deterioration, with turnover declining 7.5% to £18.9m, gross margins contracting to 30% (below the 35-55% industry norm), and an operating loss of £1.77m replacing the prior year's modest profit. The company is caught between the MDR regulatory transition inflating compliance costs and lengthening market access, NHS procurement practices that refuse inflationary price increases, and the loss of a major OEM contract. While the balance sheet remains reasonably robust with net assets of approximately £7.9m, the current trajectory is unsustainable without margin recovery, and the unconventional diversification into structural steel fabrication introduces additional execution risk and management distraction at a time when focus on the core medical device business is paramount.","website":"https://brightwake.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/brightwake","people":"https://www.companiesintheuk.co.uk/company/brightwake/people","filing_history":"https://www.companiesintheuk.co.uk/company/brightwake/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01356034","financials":"https://www.companiesintheuk.co.uk/company/brightwake/financial","control":"https://www.companiesintheuk.co.uk/company/brightwake/control","charges":"https://www.companiesintheuk.co.uk/company/brightwake/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/brightwake/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/brightwake"}