Company Overview
Bright Side Studios Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 24 June 2015, so this is a well established company. Bright Side Studios Limited has been in business for 10 years and 9 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 March 2026.
Registered Address

36 Bruntsfield Place, Edinburgh, City Of Edinburgh, EH10 4HJ
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Companies House Data
Company NameBRIGHT SIDE STUDIOS LIMITED
Company NumberSC509195
Registered Office Address36 Bruntsfield Place
 EH10 4HJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/06/2015
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date22/07/2017
Returns Last Made Up Date24/06/2016
Directors & Members
Susanna Fogarty - Director
(Irish, 43 years old, born March 1983)
Appointed 24 June 2015
 Active
Cristina Spiteri-Hutchinson - Director
(British, 43 years old, born May 1983)
Appointed 24 June 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Susanna Fogarty
No companies found
Cristina Spiteri-Hutchinson
ADVENTURES IN LIGHT LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 1,265 1,265 3,573
Current Assets 48,163 48,163 53,800
Creditors Due Within One Year 15,614 15,614 15,370
Working Cap 32,549 32,549 38,430
Total Assets Less Current Liabilities 33,814 33,814 42,003
Long-term Liabilities 33,812 33,812 42,001
Net Assets 2 2 2
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2 2 2
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 2.6% 2.6% 6.2%
Stocks Inventory - - -
Debtors 1.4% 1.4% 0.3%
Cash Bank In Hand 96.0% 96.0% 93.5%
Current Assets 97.4% 97.4% 93.8%
Creditors Due Within One Year 31.6% 31.6% 26.8%
Net Current Assets Liabilities 65.9% 65.9% 67.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 68.4% 68.4% 73.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Liquidity Ratio 3.1 3.1 3.5
Solvency Ratio 1.0 1.0 1.0
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-2024 30-Jun-2022 30-Jun-2021
Assets 49,428 49,428 57,373
Debt 49,426 49,426 57,371
Net Assets/Debt 2 2 2

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Change of details for Ms Cristina Eleanor Spiteri-Hutchinson as a person with significant control on 4 November 2025
Change of details for Mrs Susanna Fogarty as a person with significant control on 4 November 2025
Registered office address changed from Edinburgh Futures Institute 1 Lauriston Place Edinburgh City of Edinburgh EH3 9EF Scotland to 36 Bruntsfield Place Edinburgh City of Edinburgh EH10 4HJ on 26 November 2025
Director's details changed for Ms Cristina Eleanor Spiteri-Hutchinson on 4 November 2025
Director's details changed for Mrs Susanna Fogarty on 4 November 2025
Confirmation statement made on 24 June 2025 with updates
Change of details for Mrs Susanna Fogarty as a person with significant control on 27 February 2025
Change of details for Ms Cristina Eleanor Spiteri-Hutchinson as a person with significant control on 27 February 2025
Director's details changed for Mrs Susanna Fogarty on 27 February 2025
Director's details changed for Ms Cristina Eleanor Spiteri-Hutchinson on 27 February 2025
Registered office address changed from 15/3 Viewforth Edinburgh EH10 4JD Scotland to Edinburgh Futures Institute 1 Lauriston Place Edinburgh City of Edinburgh EH3 9EF on 28 February 2025
Change of details for Miss Susanna Murphy as a person with significant control on 2 October 2024
Director's details changed for Miss Susanna Murphy on 2 October 2024
Confirmation statement made on 24 June 2024 with updates
Confirmation statement made on 24 June 2023 with updates
Change of details for Ms Cristina Spiteri-Hutchison as a person with significant control on 24 June 2023
Director's details changed for Miss Susanna Murphy on 24 June 2023
Confirmation statement made on 24 June 2022 with no updates
Registered office address changed from Techcube 1 Summerhall Place Edinburgh EH9 1PL Scotland to 15/3 Viewforth Edinburgh EH10 4JD on 28 April 2022
Confirmation statement made on 24 June 2021 with no updates
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