Purgo Supply Services Ltd

Purgo Supply Services Ltd, based in London, UK, is a small, active company founded eleven years ago in 2013. Employing a substantial 666 people, it holds assets of £2,827,839. The company, with two directors and a solo founder, Alexandra Page, maintains a real address and has a Google rating of 2.0 based on seven reviews. It operates as an irregular importer, primarily dealing in optical and medical tools and devices, with the last import occurring in October 2024.

The company's website highlights its facilities management services, encompassing daily cleaning, waste recycling, pest control, and even reception services, plants, and handyman work. Purgo emphasizes a "BecauseWeCare" ethos, combining local management, technology, and staff training to deliver high-quality services. It caters to a diverse clientele, from global banks to local schools, and boasts NQA certification and membership in several industry bodies. The website even includes testimonials from satisfied clients, praising Purgo’s reliability and innovative approach.

Financially, Purgo Supply Services Ltd presents a mixed picture. While current assets increased by 36% to £2,800,000, net assets decreased by 250% to £54,000. Bank borrowings surged by a staggering 3,700%, reaching £10,000, and cash reserves plummeted 54% to £330,000. Trade debtors increased significantly by 120%, which could indicate a growth in sales but also potential difficulties in collecting payments. Creditors, however, decreased by 50%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp equity decline is a cause for concern. No auditor is mentioned, likely due to exemption as a small company.

Overall, Purgo Supply Services Ltd appears to be navigating a period of transition. While its service offerings and client base are strong, the financial data suggests a need for careful management and a focus on improving profitability. The company’s reliance on a single founder and the lack of detailed financial reporting make it difficult to assess its long-term prospects—but its commitment to quality and customer service provides a solid foundation for future growth.

Registered in England/Wales under the registration number 08665358, with a registered address at SW14 8SN, England, London, Unit 07 Tideway Yard, 125 Mortlake High Street.

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