Company Overview
Bright Pay Limited is a Dissolved Private Limited Company.
Registered Address

Lawrence House 5, St Andrews Hill, Norwich, Norfolk, NR2 1AD
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Companies House Data
Company NameBRIGHT PAY LIMITED
Company Number08552742
Registered Office AddressLawrence House 5
 St Andrews Hill
 NR2 1AD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date03/06/2013
Accounting Reference Date Day29
Accounting Reference Date Month6
Accounts Next Due Date29/06/2021
Accounts Last Made Up Date30/06/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/07/2017
Returns Last Made Up Date03/06/2016
Directors & Members
Show Resigned
Tufaeyl Chowdury - Director
(Bangladeshi, 44 years old, born September 1982)
Appointed 31 May 2020
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Tufaeyl Chowdury
FUSION MERCANTILE GROUP LTD
MERCANTILE COMMUNICATIONS LTD
SBA ENTERTAINMENTS LTD
THE RANCH HOLDING LIMITED
TRSH LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Balance Sheet
Fixed Assets 0 0 1,400
Current Assets 0 2 5
Creditors Due Within One Year 872 874 705
Working Cap -872 -872 700
Total Assets Less Current Liabilities -872 -872 700
Long-term Liabilities 0 0 1,400
Net Assets -872 -872 -700
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -872 -872 -700
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Tangible Fixed Assets - - -
Fixed Assets - 0.0% 99.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - 100.0% -
Current Assets - 100.0% 0.4%
Creditors Due Within One Year ∞% 43700.0% 50.2%
Net Current Assets Liabilities -∞% -43600.0% 49.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -49.8%
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -∞% -43600.0% -49.8%
Capital Employed - - -
Total Assets Less Current Liabilities -∞% -43600.0% 49.8%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 0.0 0.0 0.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2019 30-Jun-2018 30-Jun-2017
Assets 0 2 1,405
Debt 872 874 2,105
Net Assets/Debt -872 -872 -700
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 14 December 2022
Registered office address changed from 43 Brynymor Road Gowerton Swansea SA4 3EY Wales to Lawrence House 5 st Andrews Hill Norwich Norfolk NR2 1AD on 29 December 2021
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Compulsory strike-off action has been suspended
Termination of appointment of Cerys Jade Celeste Horlick as a director on 5 February 2021
First Gazette notice for compulsory strike-off
Notification of Tufaeyl Ahmed Chowdury as a person with significant control on 1 March 2021
Cessation of Fusion Enterprise Ltd as a person with significant control on 1 March 2021
Appointment of Mr Tufaeyl Ahmed Chowdury as a director on 31 May 2020
Confirmation statement made on 18 February 2021 with updates
Notification of Fusion Enterprise Ltd as a person with significant control on 5 February 2021
Appointment of Miss Cerys Jade Celeste Horlick as a director on 5 February 2021
Termination of appointment of Muhammed Muzahid Ali as a director on 5 February 2021
Cessation of Muhammed Muzahid Ali as a person with significant control on 5 February 2021
Confirmation statement made on 8 July 2020 with updates
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