The Firmwatch take
Billian I.t. Solutions Limited (03047912) currently shows: Watch signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
20 April 1995
31 years on the register
Sector
Business and domestic software development
SIC 62012
Size
Not classified
Net assets
£40k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Sector benchmark · Information Technology
How this company compares in 149,047 IT firms
Top 10% in sector — Billian I.t. Solutions Limited shows £40k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£40k
Top 10% in sector · sector median £2k · 149,047 IT firms
Cash
Not disclosed
Working cap.
−£37k
Median £6k
Current ratio
0.8×
Median 1.6×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · HA6 1BL
126 other UK companies registered at this postcode.
Active
122
Dissolved
1
Strike-off action
2
People
Who runs this company
- CB
CASSIDY, Brian
director · since 2025
Registered office
Address intelligence
126 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.