Bright Sky Contracting Limited

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Bright Sky Contracting Limited - overview

Established

2015

Location

Liverpool, -, UK

Primary Industry

Business Support Services

About

Bright Sky Contracting Limited is a service-oriented company providing tailored payroll solutions, accountancy support, and consultancy services primarily for contractors and recruitment agencies in the UK. Established in 2015, Bright Sky Contracting Limited focuses on delivering specialized services for contractors. Originally founded as Bright Sky Umbrella, the company evolved its offerings in 2016 to include a wider range of accountancy and legal support services. It is headquartered in the UK.


Bright Sky Contracting specializes in comprehensive services tailored for contractors and recruitment agencies, focusing on umbrella payroll solutions, Construction Industry Scheme (CIS) services, and accountancy support. The company initially provided core services to meet contractors' operational needs in the UK and expanded in 2016 to include extensive accountancy services, tax advice, legal support, and human resources solutions. Bright Sky serves independent contractors, recruitment agencies, and businesses that seek effective payroll and accountancy assistance, focusing on regions with significant contractor activity. Bright Sky Contracting generates revenue through a structured service model that includes billing for umbrella and CIS payroll services, along with accountancy and consultancy fees.


The company partners with recruitment agencies and contractors who utilize its services for payroll processing and financial management. Revenue streams include fixed service fees for umbrella employment contracts and variable fees based on service volume. Contractors may subscribe to Bright Sky’s umbrella service for streamlined payroll processing, while recruitment agencies engage in partnerships for tailored financial solutions, ensuring timely payments and compliance with tax regulations.


Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.brightskycontracting.co.uk

Total Amount Raised

Subscriber access only

Bright Sky Contracting Limited - timeline of key events

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Bright Sky Contracting Limited - financials

Fiscal Year EndedNov 30, 2018Apr 30, 2019Apr 30, 2020Apr 30, 2021Apr 30, 2022Apr 30, 2023
Revenue (USD)15,894,84522,339,22412,672,649---
% Revenue Growth (YoY)------
EBITDA (USD)13,60763,90931,416---
Operating Income (USD)13,60763,15731,248---
Operating Margin0.1%0.3%0.2%---
% EBITDA Margin0.1%0.3%0.2%---
NET Income (USD)16,84352,99424,766---
% Net Margin0.1%0.2%0.2%---

Bright Sky Contracting Limited - employee data

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