{"name":"BRICS DEVELOPMENT LIMITED","company_number":"12512199","status":"Active","type":"Private Limited Company","incorporated":"2020-03-11","dissolved":null,"registered_office":"3rd Floor 22 Old Bond Street, London, England, W1S 4PY","postcode":"W1S 4PY","sic_codes":[{"code":41100,"description":"Development of building projects"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Micro","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":8,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":2783129,"average_employees":8},{"financial_date":"2024-03-31","net_assets":1556759,"average_employees":5},{"financial_date":"2023-03-31","net_assets":1083923},{"financial_date":"2022-03-31","net_assets":434402},{"financial_date":"2021-03-31","net_assets":-47739,"cash":10141}],"officers":{"current":2,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"https://brics.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/brics-development-1","people":"https://www.companiesintheuk.co.uk/company/brics-development-1/people","filing_history":"https://www.companiesintheuk.co.uk/company/brics-development-1/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/12512199","financials":"https://www.companiesintheuk.co.uk/company/brics-development-1/financial","control":"https://www.companiesintheuk.co.uk/company/brics-development-1/control","charges":"https://www.companiesintheuk.co.uk/company/brics-development-1/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/brics-development-1/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/brics-development-1"}