BRYCOZIUM LTD

Executive Summary

Brycozium Ltd is a newly incorporated micro-entity with minimal financial activity and an extremely limited asset base, resulting in a high-risk rating. While the company complies with filing requirements and has no immediate regulatory issues, the unclear ownership structure and lack of operational data warrant further investigation. Monitoring future performance and clarifying governance will be critical to assessing long-term investment viability.

BRYCOZIUM LTD - Analysis Report

Company Number: 15168893

Analysis Date: 2025-07-20 19:06 UTC

1. Risk Rating: HIGH
   Given the extremely limited financial data and very minimal asset base, Brycozium Ltd presents a high risk profile at this early stage. The company has negligible current assets (£1) and no liabilities, indicating almost no operating activity or financial substance to support ongoing operations.

2. Key Concerns:

• Minimal Financial Activity: The company’s balance sheet shows only £1 in current assets and no liabilities, which is typical of a newly incorporated entity but signals a lack of operational transactions or revenue generation to date.
• Newly Incorporated with Limited Track Record: Incorporated in late 2023 and filing first accounts for a short period, there is no historical financial performance to assess sustainability or growth prospects.
• Shareholder Control Complexity: Two individuals are recorded as controlling 75-100% shareholding each, which is unusual and may indicate a need to clarify share distribution and control rights, potentially raising governance concerns.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its first accounts and confirmation statement on time, showing adherence to regulatory deadlines and basic governance protocols.
• No Overdue Filings or Legal Issues: There are no indications of overdue accounts, overdue confirmation statements, or director disqualifications, which reduces immediate compliance risk.
• Clear Industry Classification: The company is classified under SIC 49410 (Freight transport by road), a defined sector that can be benchmarked against peers once operating data emerges.

4. Due Diligence Notes:

• Clarify Shareholding Structure and Voting Rights: Investigate the apparent duplicate 75-100% control claims by two PSCs to understand true ownership and governance arrangements.
• Assess Operational Plans and Funding: Since financials show negligible assets and no turnover, review business plan, capital injections, and client contracts to evaluate the company’s viability and funding sources.
• Monitor Future Filings and Financial Performance: Track next sets of accounts and confirmation statements for evidence of trading activity, revenue generation, and improved asset base to reassess risk profile.