# PROJECT BRAINS LIMITED (13490896)

> PROJECT BRAINS LIMITED is an active private limited company (company number 13490896) incorporated on 2 July 2021, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 July 2025, showing net assets of −£77k and cash of £63k, with 2 employees on average. Net assets fell 120% on the prior period (−£35k).

- Status: Active
- Incorporated: 2021-07-02
- Registered office: London, W1T 6EB
- SIC 62012: Business and domestic software development
- SIC 62020: Information technology consultancy activities
- SIC 62090: Other information technology service activities
- SIC 63120: Web portals
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-16
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 15,170 comparable companies in London (median £702, upper quartile £27k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£77k | £63k | — | £193k | — | — | 2 |
| 2024-07-31 | −£35k | £56k | — | £150k | — | — | 2 |

current ratio 0.59; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-77,219 at 31 July 2025
- Net assets down 25% or more on the prior period: -119.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.59
- Cash at bank of £50,000 or more: Cash £63,332
- Incorporated five or more years ago: Incorporated 2 July 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Somil Goyal — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-07-02
- Mr Balram Bepinchandra Pal — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-07-02

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13490896
HTML: https://firmoscan.com/company/13490896-project-brains-limited