Purple Ivy Ltd

Purple Ivy Ltd, based in Glasgow, UK, is a small holding company with an active status, having been founded 16 years ago in 2009. The company employs 11 people and holds assets totaling £797,285. It operates from a virtual address, registered at a business park shared by 133 other companies, and is managed by two directors and one owner. Google reviews are excellent, with a 5.0 rating based on 249 reviews. The company is an irregular importer, with its top import category being optical and medical tools and devices, with only two months of import activity recorded.

The company’s website reveals a different face: Brixworth Indian Restaurant. It’s a takeaway and restaurant business, offering a wide range of Indian dishes, from starters to seafood and vegetarian mains. The site emphasizes quality takeaway at affordable prices, with a focus on fresh ingredients and authentic flavors. It also highlights the restaurant's warm, contemporary dining experience and friendly staff. The website even includes a staff section, introducing the operations manager, creative director, head chef, and kitchen hand. It seems to be a popular local spot, with online ordering available and a focus on customer satisfaction.

Financially, Purple Ivy Ltd shows a mixed picture. Current assets increased by 33%, reaching £800,000, while net assets also rose by 29%, hitting £700,000. Bank borrowings decreased by 38%, falling to £25,000, and cash reserves grew by 28%, reaching £190,000. However, trade debtors increased significantly by 48%, reaching £510,000, which could indicate a reliance on customer payments. Creditors also increased by 4%, reaching £190,000. 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 it to remain agile. There's no auditor mentioned, likely due to its status as a small company. The company's financial statements are unaudited.

Overall, Purple Ivy Ltd appears to be financially stable, with growing assets and cash reserves. However, the increase in trade debtors warrants attention, and the dual nature of the business—a holding company and a local restaurant—could present unique challenges and opportunities.

Registered in Scotland under the registration number SC357481, with a registered address at G51 1PR, United Kingdom, Glasgow, Ground Floor (Part) Unit 8000 Academy Business Park, 51 Gower Street.

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