BRIMFORCE DESIGN LIMITED

Executive Summary

Brimforce Design Limited is a micro-entity with a solid and improving financial position, demonstrated by growing net assets and robust working capital. The company shows no signs of distress, maintains good liquidity, and is well-positioned to service credit obligations. Approval is recommended with routine monitoring of financial and governance developments.

BRIMFORCE DESIGN LIMITED - Analysis Report

Company Number: 13916299

Analysis Date: 2025-07-29 18:57 UTC

1. Credit Opinion: APPROVE
   Brimforce Design Limited demonstrates a strong and improving financial position for a micro-entity. The company shows positive net current assets and net equity, with no overdue filings or indications of financial distress. The director and sole significant controller appears stable, and there is no evidence of adverse conduct or insolvency. Given the steady growth in net assets and working capital, the company is assessed as capable of meeting short-term liabilities and servicing modest credit facilities.

2. Financial Strength:
   As of 28 February 2025, the company reported net assets of £58,743, up from £39,705 the prior year, reflecting solid equity growth. Current assets increased significantly to £70,015, while current liabilities rose moderately to £10,912, resulting in a comfortable net current asset position of £59,103. The balance sheet is clean with no long-term liabilities reported, indicating low financial risk. The company qualifies as a micro-entity with minimal financial complexity, and the shareholder funds fully cover liabilities.

3. Cash Flow Assessment:
   The company’s working capital position is strong and improving, suggesting good liquidity. Current assets consist likely of cash and receivables sufficient to cover current liabilities almost sixfold. The absence of audit requirements and a single employee (the director) indicate a lean cost structure, reducing cash flow pressure. While detailed cash flow statements are not available, the balance sheet and net current asset trends support adequate short-term cash flow to meet operational and credit commitments.

4. Monitoring Points:

• Continue monitoring growth in current liabilities relative to current assets to maintain strong liquidity.
• Watch for any changes in director or ownership that might affect governance or credit risk.
• Monitor revenue and profit trends once available to complement balance sheet analysis, especially given the company’s recent incorporation and limited history.
• Ensure timely filing of accounts and confirmation statements to avoid regulatory risk.