BRILLO LTD

Executive Summary

Brillo Ltd is a newly established IT consultancy with a clean compliance record and positive short-term liquidity. However, limited operating history and minimal equity capital warrant caution, underscoring the need for further operational and contractual due diligence. Overall, solvency risk appears low at this stage, but ongoing monitoring is recommended as the business develops.

BRILLO LTD - Analysis Report

Company Number: 14737341

Analysis Date: 2025-07-29 13:15 UTC

1. Risk Rating: LOW
   The company is newly incorporated and has filed accounts timely with no overdue filings. It reports positive net current assets and net equity despite a short operating period, indicating initial financial stability.

2. Key Concerns:

• Limited financial history: Only one accounting period with minimal operating data makes trend analysis and forecasting difficult.
• Very low share capital (£1) which reflects minimal initial equity buffer in the event of financial stress.
• No employees reported, which may indicate reliance on the sole director or subcontracting; operational scalability and continuity risk should be assessed.

3. Positive Indicators:

• Positive net current assets (£4,912) indicate liquidity adequacy to cover short-term liabilities.
• Cash on hand equals current assets (£14,271), implying no stock or significant receivables, which simplifies cash management.
• Compliance with filing deadlines and no overdue accounts or confirmation statements suggest good governance and regulatory adherence.
• Director and sole shareholder is clearly identified with full control, reducing complexity in decision-making.

4. Due Diligence Notes:

• Investigate the nature and reliability of revenue streams and contracts, given the nascent status and small financial footprint.
• Confirm the director’s capacity and plans for business growth, including any intended hiring or investment.
• Review any related party transactions or loans not reflected in current filings that may affect solvency or liquidity.
• Verify the absence of contingent liabilities or off-balance-sheet commitments that could impact financial stability.