Bright Innovations Group Ltd

Bright Innovations Group Ltd is a small, active company based in Chester, UK, established seven years ago in 2018. With a real address and seven employees, the company holds £111,996 in assets. It’s managed by three directors and owned by two individuals, though the list of owners hasn’t changed in seven years. The company operates in the sewerage, other specialised construction activities, and professional, scientific, and technical industries.

The business is an irregular importer and exporter, primarily dealing in optical and medical tools and devices. It imported for two months, with the latest operation in February 2025, and exported for one month, with the last operation in November 2024. There is no website listed, so it’s unclear if they operate an e-commerce platform.

Financially, Bright Innovations Group Ltd shows a mixed picture. Current assets have decreased by 29%, falling to £110,000, while net assets have also dropped by 27%, settling at £130,000. Bank borrowings have remained steady, however, cash reserves have fallen significantly, dropping 94% to just £3,300. Creditors have also decreased by 26%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Despite the decrease in cash reserves, the company’s liabilities have also decreased, which may indicate that they are managing their spending. The company is unaudited, as is common for small entities. The financial data shows a concerning trend of declining assets and reserves, though the decrease in liabilities is a positive sign. It’s likely the company is burning through cash to maintain operations, but it's not clear if this is a temporary situation or a longer-term challenge.

Registered in England/Wales under the registration number 11192933, with a registered address at CH4 8RQ, United Kingdom, Chester, Flintshire, Bright Innovations Group Ltd Unit 3e River Lane, Saltney.

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