Bryt Solutions Ltd

Bryt Solutions Ltd, based in Vancouver, Canada, is a small, active company founded ten years ago in 2015. With three employees and £7,570 in current assets, it’s a solo-founded operation managed by a single director and owner, Aydin Erol. The company operates from multiple addresses, including Vancouver and Toronto, and specializes in custom software development, website design, and blockchain solutions. It’s an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, with the last import operation conducted on June 01, 2016.

The company's website highlights its expertise in mobile app development, artificial intelligence, blockchain, data science, and custom application development. It offers services like payment gateway integration, MVP development for IT startups, and even assistance with leveraging blockchain technology and ecosystem tokens for reduced payment processing costs. The website also promotes its specialization in building marketplaces, including backend development, and integration with payment gateways and in-app wallets. It's clear they're targeting tech startups and businesses seeking specialized software solutions.

Financially, Bryt Solutions Ltd presents a mixed picture. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has declined significantly, dropping from -£52,000 to -£55,000. Bank overdrafts remain steady at £2,500, and cash bank on hand has decreased slightly, from £2,400 to £2,400. Creditors have increased substantially, from £60,000 to £63,000, and other creditors have risen even more, from £53,000 to £61,000. Trade debtors have remained the same, at £3,200. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Bryt Solutions Ltd seems to be navigating the challenges of a growing tech company. The increased creditors suggest a need for better cash flow management, and the declining equity raises concerns about long-term sustainability. However, its focus on high-demand services like blockchain and AI, combined with its targeted approach to IT startups, could position it for future success. It’s a small company, but with a big ambition.

Registered in England/Wales under the registration number 09380794, with a registered address at N17 6AG, London, 419 Lordship Lane, Tottenham.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.