Bright Green Technology Limited

Bright Green Technology Ltd, based in Tugby, UK, is a small, active company founded 22 years ago in 2002. With 11 employees and £834,511 in assets, it's a solo-founded operation managed by three directors and a single owner. The company operates from a virtual address – twenty-five companies registered at the same address – and regularly imports and exports electrical machinery and equipment, with 253 months of import activity and 80 months of export activity recorded. Its core business is LED lighting systems, as evidenced by its website, which showcases a range of products and services for architectural, retail, and transport sectors.

The website reveals a focus on high-end LED solutions, including dynamic white backlighting, illuminated ceilings, and grid systems. It caters to both UK and GCC markets, offering design, manufacturing, assembly, and project delivery services. The site also highlights client testimonials and case studies, emphasizing reliability, energy efficiency, and smart control capabilities. The company’s blog content reinforces its expertise in lighting technology and its commitment to sustainable practices.

Financially, Bright Green Technology Ltd shows some interesting trends. While bank borrowings increased by 110%, cash reserves also rose significantly, reaching £200,000. Current assets increased by 39% to £830,000, while debtors grew by 28% to £480,000. However, retained earnings decreased by 77% to -£13,000, which is a concerning trend. Creditors increased by 46% to £690,000, suggesting a greater reliance on external financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the equity decline warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Bright Green Technology Ltd appears to be a well-established player in the LED lighting market, but the financial data suggests a period of adjustment or investment. The company’s focus on high-quality products and services, combined with its commitment to sustainability, positions it well for future growth, although managing its equity position will be key.

Registered in England/Wales under the registration number 04489326, with a registered address at LE7 9WE, England, Tugby, Leicestershire, Orchard House Tugby Orchards Business Centre, Wood Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.