Bright Ventures Limited
Registered name: BRIGHT VENTURES LIMITED
Part of MGM UK Hotels Holdings Limited groupBright Ventures Limited made £3m revenue and £183k profit in the year to 31 Dec 2025.
Bright Ventures Limited’s revenue was £3m in the year to 31 Dec 2025, with £183k profit and 32 employees. The company is classified under “hotels and similar accommodation” and is based in Ipswich; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Ipswich, East of England
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “MGM UK Hotels Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £1.8m | £2.7m | £3.1m | £3m | £3m |
| Cost of sales | £629k | £1.1m | £1.2m | £1.1m | £1.2m |
| Gross profit | £1.2m | £1.6m | £1.9m | £1.8m | £1.8m |
| Operating profit | — | — | — | £184k | £244k |
| Profit before tax | £367k | £407k | £510k | £184k | £244k |
| Profit after tax | £313k | £329k | £389k | £152k | £183k |
| Profit (best available) | £313k | £329k | £389k | £152k | £183k |
| Employees (average) | 33 | 29 | 27 | 31 | 32 |
| Ratios | |||||
| Profit margin | 17% | 12.3% | 12.6% | 5.1% | 6.1% |
| Gross margin | 65.9% | 59.9% | 61.1% | 61.5% | 60.7% |
| Revenue per employee | £55.9k | £92.2k | £114k | £95.8k | £93.2k |
| Profit per employee | £9.5k | £11.4k | £14.4k | £4.9k | £5.7k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲45% | ▲15.4% | ▼3.8% | ▲0.5% |
| Profit growth | — | ▲5.4% | ▲18.1% | ▼61% | ▲20.5% |
| Headcount growth | — | ▼12.1% | ▼6.9% | ▲14.8% | ▲3.2% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £237k | £546k | £453k | £166k | £358k |
| Net assets | £421k | £750k | £1.1m | £1.3m | £1.5m |
| Fixed assets | £181k | £153k | £125k | £96.5k | £72.4k |
| Current assets | £4.1m | £4.7m | £4.7m | £4.8m | £5.2m |
| Debtors | £20.2k | £18.1k | £13.1k | £12.1k | £9.3k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6.1%
- Profit ÷ revenue.
- Gross margin
- 60.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £93.2k
- Revenue ÷ average employees.
- Profit per employee
- £5.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲14%
- Now £1.5m
- Cash at bank
- ▲116%
- Now £358k
- Headcount
- ▲3%
- Now 32
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £72.4k
Group structure
Ownership chain
- MGM UK Hotels Holdings Limitedultimate parent75–100%
- Bright Ventures Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (18)
- Highland Coaches LimitedRev. £4.7m · Profit £566k
- Newton Hotel Management LimitedRev. £2.1m · Profit £113k
- Verinica Ventures LimitedRev. £2m · Profit −£391k
- Westcliff Ventures LimitedRev. £1.2m · Profit £6.1k
- Euphrasia Ventures LimitedRev. £216k · Profit £214k
- Newton Asset LimitedRev. £165k · Profit £122k
- Fatima Ventures LimitedRev. £150k · Profit £111k
- Alexandra Asset LimitedRev. £117k · Profit £15.1k
- Ben Doran Asset LimitedRev. £86k · Profit £14.1k
- Lourdes Ventures LimitedRev. £80k · Profit £55.7k
- Roya Asset Investment LimitedRev. £64k · Profit £1.9k
- Dalmally Asset Investment LimitedRev. £14k · Profit £9.4k
- Ben Doran Management LimitedRev. £0 · Profit −£1.5k
- Damally Management LimitedRev. £0 · Profit −£9.1k
- Luxury Highland Transports LimitedRev. £0 · Profit −£2k
- Alexandra Hotel Management LimitedFigures not disclosed
- London Holiday LimitedFigures not disclosed
- MGM Muthu Hotels LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £183k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.