CHRIS GILL LTD

Executive Summary

Chris Gill Ltd is an early-stage micro IT services provider currently operating with minimal financial resources and negative equity, which is typical for start-ups in this sector but below average for small firms with established operations. Positioned as a niche player, the company faces competitive pressures but could benefit from growing market demand for digital and IT services if it secures contracts and improves its financial footing. The company’s current financial position highlights the challenges of initial market entry within a rapidly evolving and competitive UK IT services industry.

CHRIS GILL LTD - Analysis Report

Company Number: 15077527

Analysis Date: 2025-07-20 14:47 UTC

1. Industry Classification
   Chris Gill Ltd operates under SIC code 62090, classified as "Other information technology service activities." This sector typically encompasses firms providing a range of IT-related services outside of standard software development or consultancy, such as IT support, integration, data processing services, and bespoke IT solutions. Key characteristics include high reliance on skilled labor, rapid technological change, and often project-based revenue streams. The sector is highly competitive with a wide range of players from micro-enterprises to large multinational IT service providers.

2. Relative Performance
   As a newly incorporated private limited company (incorporated August 2023), Chris Gill Ltd has filed its first set of accounts for the period ending August 2024. Financially, the company reports nominal cash of £9 and current liabilities of £400, resulting in net current liabilities of £391 and negative shareholders’ funds of the same amount. This reflects a very early-stage operation with minimal trading activity or investment. In contrast, typical small IT service companies often report positive working capital and equity after their first year if they have secured contracts. The company’s financials show it is currently operating at a net liability position, which is not unusual for a start-up but places it below industry norms for financial stability.

3. Sector Trends Impact
   The IT services sector in the UK is currently influenced by trends such as digital transformation acceleration across industries, increased demand for cloud services, cybersecurity, and data analytics. Start-ups in this space often face intense competition but also benefit from growing demand for digital solutions. However, early-stage firms may struggle to gain market traction without established client bases or significant capital investment. Chris Gill Ltd's current financial position suggests it may not yet have capitalized on these trends but could be positioning itself for growth as market demand for IT services continues to expand.

4. Competitive Positioning
   Chris Gill Ltd appears to be a niche or micro player within the IT services sector, likely focused on a narrow range of offerings or a specific client segment, given its single director and small scale. Its financial position indicates limited resources and potentially a reliance on the director’s input without yet generating significant revenue. Compared to typical small IT service firms that often secure seed funding or initial contracts, this company is at an earlier stage and lacks the financial buffer common among peers. Strengths may include agility and low overhead, but weaknesses include lack of working capital and negative equity, which could hamper growth or ability to scale in a competitive environment.