BRIGHT YOUNG MINDS LTD Financials
- Company number
- 09044736CopyCopy
- Registered office
- Security House, 33 Mary Street, Birmingham, West Midlands B3 1UD
- Incorporated
- 16/05/2014
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
531.40%vs 20222022: £1.98K
Total Assets
92.75%vs 20222022: £6.89K
Total Liabilities
-84.20%vs 20222022: £4.91K
Employees
0vs 20222022: 3
In 2023, BRIGHT YOUNG MINDS LTD reported net assets of £12.51K. The same filing shows total assets of £13.28K and total liabilities of £776.00. Reported headcount was 3 in 2023. Net Assets rose from £1.98K in 2022 to £12.51K in 2023 (531.40%). Okredo holds filed figures for 2021–2023; 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
531.40%from £1.98K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures BRIGHT YOUNG MINDS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+134%vs 2021+52.9% a year compound (CAGR)
Total Assets
+148%vs 2021+57.6% a year compound (CAGR)
Total Liabilities
Increasedvs 2021Employees
0%vs 2021Biggest increase
Total Assets+148%
£5.35K in 2021 to £13.28K in 2023
Every measure that changed in BRIGHT YOUNG MINDS LTD's filings between 2021 and 2023 rose. The steepest rise came in total assets, pointing to a broader asset base, with net assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BRIGHT YOUNG MINDS LTD'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
- 94.16%2023
- 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
- 5.84%2023
- 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BRIGHT YOUNG MINDS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 5.35K | 1.98K | 12.51K |
| Total Assets£ | 5.35K | 6.89K | 13.28K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 0.00 | 4.91K | 776.00 |
| Employees | 3 | 3 | 3 |
BRIGHT YOUNG MINDS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BRIGHT YOUNG MINDS LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
BRIGHT YOUNG MINDS LTD reported net assets of £12.51K for 2023. That compares with £1.98K in 2022, a change of 531.40%.
BRIGHT YOUNG MINDS LTD reported total assets of £13.28K for 2023. That compares with £6.89K in 2022, a change of 92.75%.
BRIGHT YOUNG MINDS LTD reported total liabilities of £776.00 for 2023. That compares with £4.91K in 2022, a change of -84.20%.
BRIGHT YOUNG MINDS LTD reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, BRIGHT YOUNG MINDS LTD's net assets rose by 134%, total assets rose by 148% and employee numbers was unchanged. Net assets compounded at 52.9% a year across the two years to 2023, from £5.35K to £12.51K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.