Puresoft Ltd

Puresoft Ltd from Lisburn UK: small company, active status, founded 20 years ago, real address, 2 directors, 1 owner, solo founder. Regular importer of machinery, boilers, and mechanical appliances; parts (13 months imported). 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, employees less than 50. The company operates in the other information technology service activities, the other research and experimental development on natural sciences and engineering industries. Officially, it has one owner or PSCs, two directors and no number of employees published. The company is a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 13 months of imports. The last import operation was conducted on February 01, 2025.

Puresoft Ltd’s website, while functional, offers limited insight into its operations. It appears to be primarily informational, lacking any obvious e-commerce functionality or detailed product listings. The site’s content is sparse, with a focus on contact information and a brief description of the company’s activities. There’s no clear indication of a retail presence or any online sales. The site’s design is basic, suggesting a focus on practicality over aesthetics. It's a bit confusing how the company is actually generating revenue.

Financially, Puresoft Ltd presents a mixed picture. Current assets have fallen by 39%, dropping to £19,000, while net assets have plummeted 68%, settling at £2,700. Bank borrowings have decreased by 16%, reaching £14,000, and cash reserves have fallen 39% to £19,000. Creditors have also decreased by 16%, suggesting improved debt management. The company’s small size helps it stay agile, but the sharp equity decline raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It's a bit worrying that the company's retained earnings have gone negative.

In short, Puresoft Ltd seems to be navigating a challenging financial landscape. The company’s import activities and niche IT/research services may provide a stable revenue stream, but the declining equity and reliance on bank borrowing suggest a need for careful financial management. The solo founder and two directors are likely working hard to keep the business afloat.

Registered in Northern Ireland under the registration number NI051340, with a registered address at BT28 2BP, Northern Ireland, Lisburn, 27 Enterprise House Lisburn Enterprise Centre, Enterprise Crescent, Ballinderry Road.

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