Purpleapple Clothing Limited

Purpleapple Clothing Ltd from Coventry UK: a small, active company founded 14 years ago, employs nine people, and holds £498,279 in assets. Operating from a virtual address – ten companies registered at the same location – it’s managed by three directors, with no owners officially listed. Boasting a respectable Google rating of 4.0 based on 15 reviews, the company irregularly imports natural and modified starches, glues, and enzymes, with the last import recorded one month ago.

The company operates in the retail sale of clothing in specialised stores. While a website isn’s available, it’s likely Purpleapple Clothing Ltd focuses on online sales or operates a physical store. 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.

Financially, Purpleapple Clothing Ltd shows some interesting trends. Current assets have increased by 17%, reaching £500,000, while net assets have seen a significant boost, jumping 65% to £310,000. Bank borrowings have decreased by 33%, to £20,000, and cash reserves have fallen by 33%, to £160,000. Creditors have also decreased by 43%, to £91,000, suggesting improved debt management. Trade debtors have increased by 19%, to £130,000. The company’s small size helps it remain agile, but the increase in debtors could indicate challenges in collecting payments. With no auditor mentioned, the figures rely on unaudited statements.

The company’s irregular import activity suggests a flexible supply chain, perhaps sourcing materials as needed. It’s likely that the company is financially healthy, but it’s important to monitor the trends in debtors and cash reserves closely.

Registered in England/Wales under the registration number 07269992, with a registered address at CV5 6UB, United Kingdom, Coventry, 1120 Elliott Court Herald Avenue, Coventry Business Park.

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