Pure White Lines Ltd

Pure White Lines Ltd from Horsham UK: a small, active company founded five years ago, employs six people, and holds £679,801 in assets. It operates from a virtual address – with 307 other companies registered at the same location – and is managed by three directors and two owners. The company regularly imports and exports furniture, lighting, and prefabricated buildings, with 95 months of import activity and 58 months of export activity recorded, the latest both in February 2025.

The company’s primary activity is retail of furniture, lighting, and similar items, operating in specialised store industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company’s website is currently unavailable, making it difficult to determine if it operates an e-commerce platform or relies solely on wholesale channels.

Financially, Pure White Lines Ltd presents a mixed picture. While cash reserves increased dramatically by 1500% to £18,000, net assets decreased by 25% to £52,000. Bank borrowings have decreased by 78% to £5,000, which is a positive sign. However, creditors have increased by 14%, and deferred tax liabilities have increased by 87%, which may indicate challenges in managing short-term obligations. The company’s trade debtors have decreased by 16%, suggesting better collection practices. Property, plant, and equipment has increased by 150%, which could be from new acquisitions.

The company is exempt from an audit as a small company, so the financial statements are unaudited. The increase in property, plant, and equipment, combined with the decrease in bank borrowings, suggests the company may be investing in its operations. However, the decrease in net assets and the increase in creditors warrant close monitoring. The company’s virtual address, while not inherently problematic, raises questions about its physical presence and operational infrastructure.

Registered in England/Wales under the registration number 12193331, with a registered address at RH12 1DY, United Kingdom, Horsham, West Sussex, First Floor Ridgeland House, 15 Carfax.

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