BRICS DEVELOPMENT LIMITED
Executive Summary
BRICS Development Limited shows a positive trajectory in net assets and business growth but currently faces liquidity challenges due to a significant working capital deficit. The company’s financial strength is improving, yet short-term creditor levels raise concerns over cash flow adequacy. Conditional credit approval is recommended with emphasis on ongoing liquidity and working capital management monitoring.
View Full Analysis Report →Financials
- Year ending
- 2024-03-31
- Total net assets
- £1.56m£472.84k vs previous year
- Total liabilities
- £-2.88m£-1.51m vs previous year
- Total assets
- £1.32m£1.03m vs previous year
Annual accounts
| Financial Year Ending | |
|---|---|
| 16 December 2024 | |
| 31 March 2024 | |
| 12 December 2023 | |
| 31 March 2023 | |
| 19 December 2022 | |
| 31 March 2022 | |
| 29 September 2021 | |
| 31 March 2021 |
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