Bright Origins Ltd

Bright Origins Ltd, based in London, UK, is a small, active company founded four years ago. With just two employees and £235,662 in assets, it operates from a virtual address, a detail flagged by the fact that 5633 other companies are registered at the same location. The company is led by three directors and owned by two individuals, though the list of owners may not be exhaustive. It runs an e-commerce site, selling handmade stone candles and related products.

The company’s website, Bright Origins Co, showcases a range of artisanal candles, with a focus on seasonal offerings like the Autumn Candle and a variety of scents like Berries White Choc and French Vanilla. The site also features a "Bright Origins Co Started" section, detailing the founder's journey from makeup artist to candle entrepreneur, highlighting the business’s handmade nature and encouraging social media engagement. The site also offers wholesale inquiries, which is a good sign.

Financially, Bright Origins Ltd presents a mixed picture. Cash bank holdings have increased significantly, jumping 220% to £25,000, while merchandise has also increased by 160% to £91,000. However, creditors have also risen substantially, increasing by 66% to £78,000. The company’s average number of employees has increased by 50%, to three, which may be contributing to the rise in creditors. While the company meets two of the three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), the increase in creditors suggests it may be burning through cash a little faster than it’s bringing it in. The unaudited accounts, prepared by Clever Accounts Limited, don't mention an auditor, which is typical for small companies. It’s likely that the company is experiencing growing pains as it expands its online presence, but it will need to manage its debt effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 12913647, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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