Welcome to Brightstreams, please feel free to contact us and discover a wealth of services and products offered by our corporate services partners. Whether you are a single director client or a medium to large enterprise; we can introduce you and your company to a level of service, normally only enjoyed by major corporations and the high net worth.
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about-brightstreams

About Brightstreams

Bright Streams, incorporated in 2009, is based at offices in St Paul’s, London and was established to provide a coherent marketing and customer service function on behalf of a number of city of London specialist legal, strategic business development, profit planning, fiduciary and wealth management firms.

We also have close relationships with some of the UK’ leading corporate service providers; collectively, these firms establish, manage and administer companies and corporate financial structures to meet specific objectives.

Broadly these include corporate re-structuring, wealth and asset protection and of course compliant business development and profit planning; at both a corporate and individual/stakeholder level.

The providers that we introduce to our clients have established and implemented profit and asset management strategies within the UK since 1989 and have administered those strategies on behalf of in excess of 20,000 companies and individuals that time.

Our objective is to work collaboratively alongside our clients, ensuring that they are achieving maximum profit efficiency from their professional endeavor’s; together with the minimum of hassle from administration and of course maintaining 100% compliance at all times.

services

Services

See below an overview of some of the products and services available.

  • Pensions
  • Investments
  • Mortgages [standard or specialist contractor products]
  • Insurances
  • Will service
  • Estate Planning
  • Inheritance tax protection

If there are products or services you require, which are not listed above; the corporate service provider will tailor any requests to your personal requirements.

contact

Contact

Contact us

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Tel 0330 088 1408

[email protected]

business-development

Business Development

Making Your Company Profits Work For You

Do you want your business to grow? Would you like to see more profit at the end of each year? Would you like to do this with pre-tax profit?

If the answer to all of those questions is “yes”, Brightstreams can help.

Like so many other businesses you may find it hard to get your company recognised and to promote your services. The usual channels occupied by bigger organisations such as Google Ad’s, Television and Radio marketing are highly competitive. Today especially with the likes of social media marketing etc it seems that the goalposts are constantly shifting.

If there was a way to make more constructive use of your current profit, negate the need to pay Corporation Tax on the sum and, most importantly of all, bring in future business and increased profits for your Ltd Company you would probably ask what the catch is.

We can introduce your company to a Business Trust.

A formal relationship can be created between your Ltd Company and an established Business Trust by signing a legal document called a Deed of Adherence. As the Director of your Ltd Company you will be asked by the Trust to name a number of clients and suppliers that are contributing to the success of your Company. These companies can therefore be named as potential beneficiaries on the Trust Deed.

At Brightstreams we deal with thousands of Ltd Company Directors and it has become apparent that a large number of them aren’t familiar with the Companies Act and the duties and responsibilities they have to adhere to as a Company Director.

Chapter 10, section 172 part (c) of the Companies Act states:

“A director of a company must act in the way he/she considers, in good faith, would be most likely to promote the success of the company for the benefit of its members as a whole, and in doing so have regard (amongst other matters) to—

(c)the need to foster the company’s business relationships with suppliers, customers and others”

This is exactly what we propose your company does by contributing profit to the Business Trust.

The Trust has full discretion over any asset/funds received and can choose to make payments to any named beneficiaries. As the potential beneficiaries are clients and suppliers of your company it is reasonable to suggest that the money your Ltd Company has contributed into the trust has been done so “wholly and exclusively” for the purposes of improving the trade of the business – which is exactly what the Companies Act compels you as director to do.

As a hypothetical example, a company that could be contributing to your Company’s success could be a 3rd party sales agent– they introduce business to you after all. Therefore, they could be named as one of the potential beneficiaries. If the agent at some stage in the future receives a cash bonus from the Trust, is it more likely or less likely that the agent would look upon you and your Company favourably when it comes to promoting your services going forward?

By utilising your profit in this manner you are complying with the duties and responsibilities set out in the Companies Act and investing in the future success and profitability of your company at the same time.

Call or email us to find out more