Brightex Retail Uk Ltd

Brightex Retail UK Ltd, based in Isleworth, UK, is a small, active company founded four years ago. With nine employees and £203,683 in assets, it operates from a virtual address, managed by a single director and owner, who is also the solo founder. The company regularly imports electrical machinery and equipment, with 65 months of import activity recorded.

Brightex Retail UK Ltd is part of a larger group, Brightex Hong Kong, which acts as a leading stockist and distributor of electronic products. Its website showcases a wide range of products, including mobile phones from Sony and Sharp, and gaming products from Microsoft. The Hong Kong operation has been established since 1986, and the company emphasizes its experience and focus on distributing electronics. The website also highlights recent donations to charitable organizations.

Financially, Brightex Retail UK Ltd's situation appears mixed. While current assets have decreased significantly, dropping 71% to £200,000, net assets have plummeted 54% to -£1.3 million. Bank borrowings are stable, but cash reserves have fallen 24% to £71,000. Creditors have also seen a substantial decrease, suggesting improved debt management. The company's small size (meeting two of three conditions for being classified as small) helps it remain agile, but the large equity drop is a cause for concern. The company is unaudited, and the figures are based on director-reported data.

The company's financial data indicates a period of significant change. While it has managed to maintain a stable level of debt, its equity position has deteriorated considerably. This could be due to a number of factors, such as increased competition, rising costs, or a slowdown in sales. It’s possible the company is investing heavily in growth, but the lack of profitability raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 13047357, with a registered address at TW7 5NQ, England, Isleworth, 46 Syon Lane.

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