Bryght Ltd

Bryght Ltd, based in Telford, UK, is a small, active company founded nine years ago in 2015. With 13 employees and £325,698 in assets, it’s a solo-founded operation managed by one director and owner. The company boasts a stellar 5.0 Google rating from 26 reviews. It’s an irregular importer, primarily dealing in textile products, sets, used clothing, and rags, with just one month of import activity recorded as of May 2022.

Bryght Ltd operates as a leading provider of audiovisual, virtual reality, and event equipment rentals, catering to businesses and event organizers across the UK and Europe. Its website, hellobryght.co.uk, showcases a vast range of services, from VR gaming experiences and LED video walls to audio-visual equipment hire and conference packages. It even offers retail options for digital signage and corporate audio-visual solutions. The site emphasizes experiential technology and aims to transform events into unforgettable moments.

Financially, Bryght Ltd presents a mixed picture. Current assets increased by 24% to £260,000, while net assets rose 62% to £55,000—a positive sign. However, bank borrowings increased by 4.8% to £62,000, and creditors rose 36% to £400,000, suggesting a reliance on credit. 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 increase in liabilities warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s increased debts could be a result of expanding its equipment inventory to meet growing demand, or perhaps a strategic move to secure larger contracts. It's also possible that the company is experiencing some cash flow issues, which is not uncommon for growing businesses. The company’s focus on experiential technology and its strong Google rating suggest a promising future, but careful financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 09804953, with a registered address at TF3 3DN, England, Telford, Shropshire, Unit 4 Queensway Link Industrial Estate, Stafford Park.

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