Purcy Chair Ltd

Purcy Chair Ltd is a small, active company based in Enfield, UK, founded four years ago in 2020. With a single employee and £23,406 in assets, it operates as a solo-founder venture with one director. The company runs an e-commerce site specializing in portable treatment chairs for various professional industries, including barbers, cosmetologists, and dentists. It’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with the last import activity recorded just one month ago in April 2024.

The Purcy Chair website showcases a range of products, emphasizing portability, high-quality support, and customizable features. It caters to a diverse clientele, offering solutions for mobile services, trade shows, and even disaster recovery. The site highlights customer testimonials and press mentions, reinforcing the brand’s reputation for innovation and quality. It’s a modern e-commerce operation with a focus on premium products and excellent customer service.

Financially, Purcy Chair Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 70%, dropping to £6,500, while cash debts have increased by 48% to £130,000. Current assets have also declined by 20% to £23,000, and net assets have decreased by 13% to -£430,000. Trade debtors have increased by a substantial 110%, which could indicate an expansion in credit terms or delayed customer payments. It’s a small company, meeting two of three criteria for small business status (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it’s exempt from an audit, so the figures are unaudited.

While the e-commerce site appears active and well-designed, the financial data suggests the company is burning through cash. Whether this is a typical startup phase or a sign of deeper challenges remains to be seen.

Registered in England/Wales under the registration number 12595173, with a registered address at EN1 1JZ, England, Enfield, 14 Lincoln Crescent.

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