BRIGHTHOUSE LIMITED

Company Information

Company Number
06073794
Registered Address
5 Hercules Way, Leavesden, Watford, WD25 7GS
Status
Dissolved
Employee Count
2,651
Turnover
£273,933,000
EBITDA
£51,332,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 January 2007
Nature of Business
47540 - Retail sale of electrical household appliances in specialised stores
47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
64910 - Financial leasing
Industries
Events And Venues, Food And Drink, Property-related Goods And Services
Region
East of England

Company Review

Trend Analysis

The time taken for BRIGHTHOUSE LIMITED to pay invoices to suppliers has been increasing over the past three periods. In the first period (Apr 2018-Sep 2018), there was no data available. In the second period (Oct 2018-Mar 2019), the average time to pay was 0 days and in the third period (Apr 2019-Sep 2019), the average time to pay increased to 30 days.

Volatility Analysis

There is high volatility in the percentage of invoices paid within 30 days for BRIGHTHOUSE LIMITED. In the second period, 100% of invoices were paid within 30 days, but in the third period, this decreased to 50%. There is also high volatility in the percentage of invoices paid between 31 and 60 days, with a decrease from 50% in the second period to 25% in the third period.

Summary Analysis

The data shows a trend of BRIGHTHOUSE LIMITED taking longer to pay invoices to suppliers over the past three periods. In the second period, all invoices were paid within 30 days, but in the third period, only 50% were paid within 30 days. This is a significant decrease and indicates a potential issue with timely payments. The percentage of invoices paid between 31 and 60 days also decreased from 50% to 25% in the third period. No data was available for the first period, so it is difficult to make comparisons for the whole three periods.

Performance Reports History

Reporting Period Filed: 2019-10-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201916 Oct 2019
01 Oct 2018 - 31 Mar 201926 Apr 2019
01 Apr 2018 - 30 Sept 201830 Oct 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

BRIGHTHOUSE LIMITED is a UK-based company that offers a variety of household goods and electrical products through flexible and affordable payment plans. The company was founded in 1972 and has since grown to become one of the leading rent-to-own retailers in the UK.

As part of their sustainability program, BRIGHTHOUSE LIMITED is committed to reducing their environmental impact by implementing eco-friendly practices in their operations. They also have a recycling program in place to responsibly dispose of electronic waste.

Their product range includes a wide selection of household essentials such as furniture, appliances, and electronics, as well as the latest technology and gaming consoles. Customers can choose from a variety of payment options, including weekly or monthly payments, and can even return the products at any time without any additional fees.

The company is led by a team of experienced executives, including Chairman Sir Malcolm Walker and CEO Hamish Paton. They are dedicated to providing excellent customer service and ensuring that all products are of high quality.

BRIGHTHOUSE LIMITED can be contacted through their website at www.brighthouse.co.uk or by phone at 0800 526 069. Their registered office address is 5 Hercules Way, Leavesden Park, Watford, WD25 7GS, United Kingdom. With their commitment to sustainability and affordable products, BRIGHTHOUSE LIMITED continues to be a popular choice for customers in the UK.

Financial Metrics

Cash
£13,569,000
Net Worth
£154,501,000
Total Current Assets
£198,782,000
Total Current Liabilities
£171,850,000

Company Location