Purdy Creative Limited

Purdy Creative Ltd, based in Leicester, UK, is a small, active company founded six years ago. With two employees and £238,625 in assets, it’s a solo-founded operation led by a single director and owner. The company imports clothing and accessories made by knitting or crocheting, though activity has been irregular, with just one month of imports recorded as of 2021. It operates from a real address and is registered as a private limited company.

The company’s website highlights Purdy Creative as an expert design consultancy specializing in fashion and active wear. It offers services including tech packs, mood board design, apparel design, and technical design, catering to both new and established brands. The site emphasizes guiding clients through manufacturing processes and even features a section on licensing ELLESPORT footwear. It’s clear they’re aiming to be a full-service design partner, offering everything from concept development to technical specifications.

Financially, Purdy Creative Ltd shows a mixed picture. Cash reserves have increased significantly by 50% to £140,000, which is a positive sign. However, net assets have also increased by 87% to £63,000, suggesting retained earnings are building up. Trade debtors have decreased by 89% to £10,000, which could mean better cash flow management, but it also could be a sign of reduced sales. Creditors have increased by 22% to £99,000, and bank borrowings have decreased by 2.4% to £2,800. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The unaudited financial statements, prepared using IRIS Accounts Production software, don’t mention an auditor.

Overall, Purdy Creative Ltd appears to be financially stable, with growing assets and improved cash flow. However, the increase in creditors and the lack of employee growth suggest potential challenges in scaling the business. It’s likely the company is reinvesting profits to fuel growth, but monitoring these trends will be important in the coming years.

Registered in England/Wales under the registration number 11679805, with a registered address at LE2 8NA, England, Leicester, Unit 9, Leatherline House, Narrow Lane.

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