Brightside Group Plc
Company Name: Brightside Group Plc
Stock Market: (LSE: BRT)
Industry Sector: Investment Services
Market Capitalisation: £63.66 million (as of March 6, 2009)
Yearly Revenue: £0.9 million (as of December 31, 2007)
Operating Income: £4.1 million (loss)
Net Income: £5.3 million (loss)
Total Assets: £2.2 million (loss)
Key People: Paul Chase-Gardener (chairman of the board and finance director), John W. Gannon (chief executive officer and director)
Headquarters Address: Brightside Group
21 Thomas Street, Bristol, BS1 6JS , U.K.
Number of Employees: 103
Website Address: www.brightsidegroup.co.uk
Company Overview
Brightside Group Plc is based in the U.K. This company provides financial rehabilitation solutions to the consumer credit market. It gives its customers a variety of financial rehabilitation solutions, such as visiting the homes of clients to assist them in the completion of debt information packs; advising clients through its dept counselling centre; debt management; loan and mortgage brokering; formal insolvency services; and corporate recovery.
The company is focused on attaining and giving their best in the business. It has been successful because of the talented and dedicated staff members that express their passion to help themselves and the business to grow and excel. With their enthusiasm to work, the company will constantly grow and give excellent service to its clients.
Brightside Group Plc is comprised of seven operating businesses. In the Group Direct name, the insurance businesses have carved successful niches in their chosen field of excellence which are ONE Business Insurance (commercial business insurance), Motor and Home/Taxi Direct (household, private car, minibus insurance, and taxi), and Commercial Vehicle Direct (van insurance).
The financial services businesses praise the core insurance activities of Brightside Group Plc and its key partners. Panacea Finance offers the best finance solutions to all insurance customers and others. Quota Marketing sends real-time quote opportunities to insurance businesses, and also manages targeted financial and insurance services telemarketing campaigns. The company achieves the core activity of Quota Marketing through calling the customers of the company. In the injury QED sources, the medical reports for injury claims that are insurance-related and Debt help provide debt rehabilitation services. Debt Help also assists in the rehabilitation and reconstruction of a business. Personnel help clients understand their situation and offer a lot of possible solutions that they can implement. The personal finance counsellors offer advice in a friendly manner, thus, the client is not intimidated to ask questions. The Motor and Home Direct segment was established to provide home and car insurance to Group Direct clients. One of most modern insurance brokers is the eInsurance Services Limited. It is an online service where clients can buy any time of the day the insurance that they need, such as Life Insurance, Van Insurance, and Home Insurance. If your company needs an increase in brand awareness, try printing your logo onto a custom usb.
Current Financial Overview
In the fiscal year 2007, the Brightside Group was disappointed in its performance. The company had proven that the strategies that they had used in 2006 were ineffective in 2007. Due to the global changes in the economy that affected the U.K.’s market, the company identified the areas where they had performed well, and decided to put together Brightside’s lead generation and Group Direct’s insurance operations. They are optimistic that in 2008 their aim will be achieved so that the company will recover from what it had obtained in the fiscal year 2007.
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