Purelypaper Ltd

Purelypaper Ltd from Salisbury UK is a small, active company founded 21 years ago. With 3 employees and £238,774 in assets, it operates as a family business with a real address and an e-commerce site. The company is led by three directors and owned by two individuals.

The company operates in the retail sale via mail order houses or via internet industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The last reported current assets are £238,774.

Looking at the financials, Purelypaper Ltd’s situation is a bit mixed. Cash bank on hand dropped by 14% to £130,000, and net assets declined by 24% to £120,000. Creditors also decreased by 16%, which is a positive sign. However, the company's average number of employees increased by 33%, which might be a cause for concern if revenues haven't kept pace. Trade debtors have fallen by nearly 50%, which could mean better debt collection, but it also suggests a decrease in sales.

The company's intangible assets have remained stable, and depreciation charges are consistent. Future minimum lease payments have also decreased, which could ease some financial pressure. It's worth noting that the company is not required to have an audit, so these figures are unaudited.

Overall, Purelypaper Ltd seems to be navigating a period of change. While it’s a small, established business, the decline in assets and cash reserves suggests it’s facing some financial headwinds. Whether it can sustain its growth and profitability remains to be seen.

Registered in England/Wales under the registration number 05076956, with a registered address at SP1 2DN, Salisbury, 10 St. Ann Street.

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