BRIGHT FUTURES DAY NURSERY LIMITED
- · Oldest live charge 21.7y old — refinance window within 12 months
Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
4 live charges · oldest 21.7y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 21.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £425.5k | £402.3k |
| Current assets | £135.3k | £117.4k |
| Cash | £11.3k | £1.8k |
| Debtors | £124.0k | £115.7k |
| Net assets | £236.1k | £215.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 confirmation-statement
Corporate timeline (34 events)Click to expand
- 2025-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-11-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-11-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-11-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2016-10-25🔓Charge satisfied #3
- 2016-10-25🔓Charge satisfied #2
- 2016-10-25🔓Charge satisfied #1
- 2016-09-30➕FITTON, Andrea Simone appointedsecretary
- 2016-09-30➕FITTON, Andrea Simone appointeddirector
- 2016-09-30➕FITTON, Jason Robert appointeddirector
- 2016-09-30➖DAVIES, Anne Katherine resignedsecretary
- 2016-09-30➖BLINKHORN, Gillian Deirdre resigneddirector
- 2016-09-30➖DAVIES, Anne Katherine resigneddirector
- 2016-09-30🔒Charge registered #4Lender: Hsbc Bank PLC
- 2007-02-20🔒Charge registered #3Lender: Hsbc Bank PLC
- 2004-12-31🔒Charge registered #2Lender: Hsbc Bank PLC
- 2004-10-21🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-03-19🏢Company incorporatedAs BRIGHT FUTURES DAY NURSERY LIMITED
- 2002-03-19➕DAVIES, Anne Katherine appointedsecretary
- 2002-03-19➕DCS CORPORATE SECRETARIES LIMITED appointedcorporate-secretary
- 2002-03-19➖DCS CORPORATE SECRETARIES LIMITED resignedcorporate-secretary
- 2002-03-19➕BLINKHORN, Gillian Deirdre appointeddirector
- 2002-03-19➕DAVIES, Anne Katherine appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mainprior Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mainprior Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (3 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 30/09/2016 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 20/02/2007 | 25/10/2016 | |
| satisfied | HSBC Hsbc Bank PLC | Charge | 1 property | 31/12/2004 | 25/10/2016 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 21/10/2004 | 25/10/2016 |