brilliant basics ltd
brilliant basics ltd Company Information
Company Number
08011232
Website
www.brilliantbasics.comRegistered Address
6th floor 9 appold street, london, EC2A 2AP
Industry
Other information technology and computer service activities
Telephone
02077296309
Next Accounts Due
626 days late
Group Structure
View All
Directors
Benjamin Wiener4 Years
Shareholders
brilliant basics holdings limited 100%
brilliant basics ltd Estimated Valuation
Pomanda estimates the enterprise value of BRILLIANT BASICS LTD at £4.8m based on a Turnover of £6.7m and 0.72x industry multiple (adjusted for size and gross margin).
brilliant basics ltd Estimated Valuation
Pomanda estimates the enterprise value of BRILLIANT BASICS LTD at £2.9m based on an EBITDA of £568.6k and a 5.09x industry multiple (adjusted for size and gross margin).
brilliant basics ltd Estimated Valuation
Pomanda estimates the enterprise value of BRILLIANT BASICS LTD at £481.5k based on Net Assets of £1.2m and 0.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Brilliant Basics Ltd Overview
Brilliant Basics Ltd is a live company located in london, EC2A 2AP with a Companies House number of 08011232. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2012, it's largest shareholder is brilliant basics holdings limited with a 100% stake. Brilliant Basics Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6.7m with low growth in recent years.
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Brilliant Basics Ltd Health Check
Pomanda's financial health check has awarded Brilliant Basics Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £6.7m, make it larger than the average company (£4.7m)
£6.7m - Brilliant Basics Ltd
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5%)
2% - Brilliant Basics Ltd
5% - Industry AVG
Production
with a gross margin of 39.4%, this company has a higher cost of product (50.6%)
39.4% - Brilliant Basics Ltd
50.6% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (4.3%)
7.6% - Brilliant Basics Ltd
4.3% - Industry AVG
Employees
with 72 employees, this is above the industry average (34)
72 - Brilliant Basics Ltd
34 - Industry AVG
Pay Structure
on an average salary of £60.3k, the company has an equivalent pay structure (£60.3k)
- Brilliant Basics Ltd
£60.3k - Industry AVG
Efficiency
resulting in sales per employee of £92.7k, this is less efficient (£142.3k)
£92.7k - Brilliant Basics Ltd
£142.3k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (55 days)
3 days - Brilliant Basics Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (39 days)
3 days - Brilliant Basics Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Brilliant Basics Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (17 weeks)
12 weeks - Brilliant Basics Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a similar level of debt than the average (64%)
58.9% - Brilliant Basics Ltd
64% - Industry AVG
BRILLIANT BASICS LTD financials
Brilliant Basics Ltd's latest turnover from March 2021 is £6.7 million and the company has net assets of £1.2 million. According to their latest financial statements, Brilliant Basics Ltd has 72 employees and maintains cash reserves of £444.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,675,498 | 11,623,497 | 9,836,927 | 6,219,596 | 2,366,391 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 4,048,453 | 7,634,318 | 5,848,608 | 4,330,407 | 1,297,944 | ||||
| Gross Profit | 2,627,045 | 3,989,179 | 3,988,319 | 1,889,189 | 1,068,447 | ||||
| Admin Expenses | 2,122,327 | 2,762,690 | 3,797,675 | 2,618,947 | 2,110,092 | ||||
| Operating Profit | 504,718 | 1,226,489 | 190,644 | -729,758 | -1,041,645 | ||||
| Interest Payable | 11,970 | 1,074 | 10,232 | 20,806 | 27,328 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 492,748 | 1,225,415 | 180,412 | -736,174 | -1,068,973 | ||||
| Tax | -103,578 | -194,441 | 290,187 | 27,210 | 31,723 | ||||
| Profit After Tax | 389,170 | 1,030,974 | 470,599 | -708,964 | -1,037,250 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 389,170 | 1,030,974 | 470,599 | -708,964 | -1,037,250 | ||||
| Employee Costs | 5,323,380 | 3,231,118 | 1,485,737 | ||||||
| Number Of Employees | 72 | 92 | 65 | 36 | 26 | 37 | |||
| EBITDA* | 568,579 | 1,290,986 | 255,307 | -716,191 | -1,029,175 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,172 | 116,033 | 121,975 | 81,996 | 60,381 | 98,628 | 106,033 | 104,431 | 76,262 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 52,172 | 116,033 | 121,975 | 81,996 | 60,381 | 98,628 | 106,033 | 104,431 | 76,262 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 66,268 | 150,879 | 312,048 | 533,211 | 446,050 | 332,311 | 2,347,715 | 1,051,584 | 463,400 |
| Group Debtors | 2,373,611 | 756,431 | 822,374 | 685,670 | 128,124 | 0 | 0 | 0 | 0 |
| Misc Debtors | 91,927 | 309,262 | 941,928 | 483,544 | 178,651 | 1,537,370 | 0 | 0 | 0 |
| Cash | 444,543 | 1,111,161 | 763,181 | 681,238 | 541,090 | 47,753 | 2,097,701 | 3,091,225 | 2,443,915 |
| misc current assets | 0 | 0 | 0 | 0 | 10,000 | 10,000 | 0 | 0 | 0 |
| total current assets | 2,976,349 | 2,327,733 | 2,839,531 | 2,383,663 | 1,303,915 | 1,927,434 | 4,445,416 | 4,142,809 | 2,907,315 |
| total assets | 3,028,521 | 2,443,766 | 2,961,506 | 2,465,659 | 1,364,296 | 2,026,062 | 4,551,449 | 4,247,240 | 2,983,577 |
| Bank overdraft | 0 | 0 | 0 | 0 | 866,010 | 182,886 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,153 | 298,045 | 477,341 | 685,635 | 288,008 | 592,619 | 2,464,557 | 1,991,876 | 1,753,680 |
| Group/Directors Accounts | 1,356,959 | 884,761 | 1,720,144 | 1,220,144 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 392,185 | 405,906 | 939,941 | 1,206,399 | 147,833 | 126,787 | 0 | 0 | 0 |
| total current liabilities | 1,784,297 | 1,588,712 | 3,137,426 | 3,112,178 | 1,301,851 | 902,292 | 2,464,557 | 1,991,876 | 1,753,680 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,784,297 | 1,588,712 | 3,137,426 | 3,112,178 | 1,301,851 | 902,292 | 2,464,557 | 1,991,876 | 1,753,680 |
| net assets | 1,244,224 | 855,054 | -175,920 | -646,519 | 62,445 | 1,123,770 | 2,086,892 | 2,255,364 | 1,229,897 |
| total shareholders funds | 1,244,224 | 855,054 | -175,920 | -646,519 | 62,445 | 1,123,770 | 2,086,892 | 2,255,364 | 1,229,897 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 504,718 | 1,226,489 | 190,644 | -729,758 | -1,041,645 | ||||
| Depreciation | 63,861 | 64,497 | 64,663 | 13,567 | 12,470 | 24,657 | 26,508 | 26,107 | 19,066 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -103,578 | -194,441 | 290,187 | 27,210 | 31,723 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,315,234 | -859,778 | 373,925 | 949,600 | -1,116,856 | -478,034 | 1,296,131 | 588,184 | 463,400 |
| Creditors | -262,892 | -179,296 | -208,294 | 397,627 | -304,611 | -1,871,938 | 472,681 | 238,196 | 1,753,680 |
| Accruals and Deferred Income | -13,721 | -534,035 | -266,458 | 1,058,566 | 21,046 | 126,787 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,126,846 | 1,242,992 | -303,183 | -182,388 | -164,161 | ||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 472,198 | -835,383 | 500,000 | 1,220,144 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -11,970 | -1,074 | -10,232 | -20,806 | -27,328 | ||||
| cash flow from financing | 460,228 | -836,457 | 489,768 | 1,199,338 | -51,403 | ||||
| cash and cash equivalents | |||||||||
| cash | -666,618 | 347,980 | 81,943 | 140,148 | 493,337 | -2,049,948 | -993,524 | 647,310 | 2,443,915 |
| overdraft | 0 | 0 | 0 | -866,010 | 683,124 | 182,886 | 0 | 0 | 0 |
| change in cash | -666,618 | 347,980 | 81,943 | 1,006,158 | -189,787 | -2,232,834 | -993,524 | 647,310 | 2,443,915 |
brilliant basics ltd Credit Report and Business Information
Brilliant Basics Ltd Competitor Analysis
Perform a competitor analysis for brilliant basics ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.
brilliant basics ltd Ownership
BRILLIANT BASICS LTD group structure
Brilliant Basics Ltd has no subsidiary companies.
Ultimate parent company
INFOSYS LTD
#0082701
2 parents
BRILLIANT BASICS LTD
08011232
brilliant basics ltd directors
Brilliant Basics Ltd currently has 1 director, Mr Benjamin Wiener serving since Jul 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Wiener | United States | 52 years | Jul 2020 | - | Director |
P&L
March 2021turnover
6.7m
-43%
operating profit
504.7k
-59%
gross margin
39.4%
+14.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
1.2m
+0.46%
total assets
3m
+0.24%
cash
444.5k
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
brilliant basics ltd company details
company number
08011232
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
March 2012
age
12
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
March 2021
address
6th floor 9 appold street, london, EC2A 2AP
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
brilliant basics ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to brilliant basics ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
brilliant basics ltd Companies House Filings - See Documents
| date | description | view/download |
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