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BRIGHT STAR FINANCIAL LIMITED Financials

Company number
07462342Copy
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Registered office
7 Woodbrook Crescent, Billericay, Essex CM12 0EQ
Incorporated
07/12/2010

Company snapshot

Status
Active
Employees
54 (2024)
Latest financial data
2024
Accounts type
Group

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£10.56K2024
-95.26%vs 2023

2023: £222.62K

Total Assets

£976.98K2024
9.93%vs 2023

2023: £888.75K

Cash in Bank

£449.42K2024
98.77%vs 2023

2023: £226.11K

Total Liabilities

£945.06K2024
51.32%vs 2023

2023: £624.54K

Employees

542024
-3vs 2023

2023: 57

In 2024, BRIGHT STAR FINANCIAL LIMITED reported net assets of £10.56K. The same filing shows total assets of £976.98K, cash in bank of £449.42K and total liabilities of £945.06K. Reported headcount was 54 in 2024. Total Liabilities rose from £624.54K in 2023 to £945.06K in 2024 (51.32%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£10.56K2024
-95.26%from £222.62K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures BRIGHT STAR FINANCIAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£175.24K2022£10.56K2024
-94%vs 2022

-75.4% a year compound (CAGR)

Cash in Bank

£769.48K2022£449.42K2024
-41.6%vs 2022

-23.6% a year compound (CAGR)

Total Assets

£1.28M2022£976.98K2024
-23.8%vs 2022

-12.7% a year compound (CAGR)

Total Liabilities

£1.06M2022£945.06K2024
-11%vs 2022

-5.6% a year compound (CAGR)

Employees

612022542024
-11.5%vs 2022-7

Biggest decrease

Net Assets-94%

£175.24K in 2022 to £10.56K in 2024

Every indicator Okredo holds for BRIGHT STAR FINANCIAL LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from BRIGHT STAR FINANCIAL LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
1.08%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
96.73%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
47.56%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
46.00%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for BRIGHT STAR FINANCIAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£540.82K175.24K222.62K10.56K
Total Assets£1.16M1.28M888.75K976.98K
Cash in Bank£673.44K769.48K226.11K449.42K
Total Liabilities£537.88K1.06M624.54K945.06K
Employees38615754

BRIGHT STAR FINANCIAL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has BRIGHT STAR FINANCIAL LIMITED filed financial statements?

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Yes. Okredo holds filed figures for BRIGHT STAR FINANCIAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did BRIGHT STAR FINANCIAL LIMITED report in 2024?

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BRIGHT STAR FINANCIAL LIMITED reported net assets of £10.56K for 2024. That compares with £222.62K in 2023, a change of -95.26%.

What total assets did BRIGHT STAR FINANCIAL LIMITED report in 2024?

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BRIGHT STAR FINANCIAL LIMITED reported total assets of £976.98K for 2024. That compares with £888.75K in 2023, a change of 9.93%.

What cash in bank did BRIGHT STAR FINANCIAL LIMITED report in 2024?

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BRIGHT STAR FINANCIAL LIMITED reported cash in bank of £449.42K for 2024. That compares with £226.11K in 2023, a change of 98.77%.

How many people does BRIGHT STAR FINANCIAL LIMITED employ?

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BRIGHT STAR FINANCIAL LIMITED reported 54 employees in 2024, compared with 57 in 2023.

How have BRIGHT STAR FINANCIAL LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, BRIGHT STAR FINANCIAL LIMITED's net assets fell by 94%, cash in bank fell by 41.6%, total assets fell by 23.8% and total liabilities fell by 11%. Net assets contracted at 75.4% a year across the two years to 2024, from £175.24K to £10.56K. Reported headcount went from 61 in 2022 to 54 in 2024 (-7).

Which years of BRIGHT STAR FINANCIAL LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.