brilliant accounts limited
brilliant accounts limited Company Information
Company Number
10166281
Next Accounts
Feb 2025
Shareholders
simon gates
lisa gates
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
14 church lane, redmile, nottingham, NG13 0GE
Website
52.56.126.58brilliant accounts limited Estimated Valuation
Pomanda estimates the enterprise value of BRILLIANT ACCOUNTS LIMITED at £51.2k based on a Turnover of £65.5k and 0.78x industry multiple (adjusted for size and gross margin).
brilliant accounts limited Estimated Valuation
Pomanda estimates the enterprise value of BRILLIANT ACCOUNTS LIMITED at £0 based on an EBITDA of £-16.2k and a 5.03x industry multiple (adjusted for size and gross margin).
brilliant accounts limited Estimated Valuation
Pomanda estimates the enterprise value of BRILLIANT ACCOUNTS LIMITED at £31.2k based on Net Assets of £10.3k and 3.02x industry multiple (adjusted for liquidity).
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Brilliant Accounts Limited Overview
Brilliant Accounts Limited is a live company located in nottingham, NG13 0GE with a Companies House number of 10166281. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2016, it's largest shareholder is simon gates with a 51% stake. Brilliant Accounts Limited is a young, micro sized company, Pomanda has estimated its turnover at £65.5k with declining growth in recent years.
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Brilliant Accounts Limited Health Check
Pomanda's financial health check has awarded Brilliant Accounts Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £65.5k, make it smaller than the average company (£241.8k)
- Brilliant Accounts Limited
£241.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.2%)
- Brilliant Accounts Limited
6.2% - Industry AVG
Production
with a gross margin of 52.6%, this company has a higher cost of product (93%)
- Brilliant Accounts Limited
93% - Industry AVG
Profitability
an operating margin of -24.7% make it less profitable than the average company (13.7%)
- Brilliant Accounts Limited
13.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Brilliant Accounts Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Brilliant Accounts Limited
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £32.8k, this is less efficient (£75.9k)
- Brilliant Accounts Limited
£75.9k - Industry AVG
Debtor Days
it gets paid by customers after 123 days, this is later than average (77 days)
- Brilliant Accounts Limited
77 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (27 days)
- Brilliant Accounts Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Brilliant Accounts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Brilliant Accounts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.5%, this is a similar level of debt than the average (51.1%)
53.5% - Brilliant Accounts Limited
51.1% - Industry AVG
BRILLIANT ACCOUNTS LIMITED financials
Brilliant Accounts Limited's latest turnover from May 2023 is estimated at £65.5 thousand and the company has net assets of £10.3 thousand. According to their latest financial statements, Brilliant Accounts Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,198 | 41,507 | 49,756 | 37,815 | 26,141 | 11,045 | 7,367 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,198 | 41,507 | 49,756 | 37,815 | 26,141 | 11,045 | 7,367 |
| total assets | 22,198 | 41,507 | 49,756 | 37,815 | 26,141 | 11,045 | 7,367 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,885 | 15,018 | 18,333 | 5,392 | 4,907 | 1,735 | 1,893 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 11,885 | 15,018 | 18,333 | 5,392 | 4,907 | 1,735 | 1,893 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 5,683 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 5,683 | 0 | 0 | 0 |
| total liabilities | 11,885 | 15,018 | 18,333 | 11,075 | 4,907 | 1,735 | 1,893 |
| net assets | 10,313 | 26,489 | 31,423 | 26,740 | 21,234 | 9,310 | 5,474 |
| total shareholders funds | 10,313 | 26,489 | 31,423 | 26,740 | 21,234 | 9,310 | 5,474 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -19,309 | -8,249 | 11,941 | 11,674 | 15,096 | 3,678 | 7,367 |
| Creditors | -3,133 | -3,315 | 12,941 | 485 | 3,172 | -158 | 1,893 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -5,683 | 5,683 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
brilliant accounts limited Credit Report and Business Information
Brilliant Accounts Limited Competitor Analysis
Perform a competitor analysis for brilliant accounts limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NG13 area or any other competitors across 12 key performance metrics.
brilliant accounts limited Ownership
BRILLIANT ACCOUNTS LIMITED group structure
Brilliant Accounts Limited has no subsidiary companies.
Ultimate parent company
BRILLIANT ACCOUNTS LIMITED
10166281
brilliant accounts limited directors
Brilliant Accounts Limited currently has 2 directors. The longest serving directors include Mr Simon Gates (May 2016) and Mrs Lisa Gates (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Gates | England | 52 years | May 2016 | - | Director |
| Mrs Lisa Gates | England | 54 years | May 2016 | - | Director |
P&L
May 2023turnover
65.5k
-27%
operating profit
-16.2k
0%
gross margin
52.6%
-3.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
10.3k
-0.61%
total assets
22.2k
-0.47%
cash
0
0%
net assets
Total assets minus all liabilities
brilliant accounts limited company details
company number
10166281
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
BRILLIANT ACCOUNTS LIMITED
auditor
-
address
14 church lane, redmile, nottingham, NG13 0GE
Bank
-
Legal Advisor
-
brilliant accounts limited 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 did not find charges/mortgages relating to brilliant accounts limited.
brilliant accounts limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for BRILLIANT ACCOUNTS LIMITED. This can take several minutes, an email will notify you when this has completed.
brilliant accounts limited Companies House Filings - See Documents
| date | description | view/download |
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