Purple Design Limited

Purple Design Limited is a small, active company based in London, UK, established 22 years ago in June 2002. With a real address and a single director and owner, Collins Orla, the company employs just one person and holds £830,230 in assets. It operates as a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 9 months of import activity recorded, the latest in July 2024.

The company’s website showcases its architectural interior design services, targeting both UK and international clients. Founded in 2003 by Orla Collins, Purple Design has built a reputation for delivering high-end projects, with a portfolio including refurbishments of Edwardian houses and Georgian townhouses in prestigious London locations. The website also features a journal with articles on design trends and project highlights, demonstrating a focus on thought leadership and client engagement. It’s clear they are not an e-commerce business, but rather a service provider offering bespoke design solutions.

Financially, Purple Design Limited presents a mixed picture. While cash bank on hand increased by a healthy 32% to £750,000, current assets have decreased by 37% to £830,000. Trade debtors have fallen by a dramatic 89%, suggesting better collection practices, but creditors have also dropped significantly by 88%, which could indicate a need to manage supplier relationships more closely. Interim dividends paid have increased by a whopping 140%, which could be a sign of confidence in the company’s performance. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

Overall, Purple Design Limited seems to be navigating a period of change. While the company’s cash position is strong, the decrease in current assets and the increase in dividends suggest a need for careful financial management. The company’s focus on high-end design and its strong reputation should help it weather any short-term challenges.

Registered in England/Wales under the registration number 04458834, with a registered address at SE12 9PP, London, First Floor, 139 Marvels Lane.

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