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Purple Consultancy Ltd (03997357): administration

Status
Administration ended
Administration began
2016-03-04
Administrators' firm
ReSolve
Incorporated
2000-05-19
Location
London
Industry
78200 Temporary employment agency activities

From the administrators' statement

After growing organically since tts incorporation, at tts peak the Company turned over £7 7m for the year ending 31 May 2014, making a profit of £297k

In early 2015 a number of key staff left the Company and this impacted upon the core revenue streams The director sought new business in order to replace the lost revenues however this ultimately led to a fall in turnover to £6 4m for the year ending 31 May 2015 As the Company’s admmuistrative costs are relatively fixed, this resulted in a loss for the year of £13k

A summary of the Company’s recent trading performance is shown below

Administrators' statement of proposals (2016-04-14) · Companies House register

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Purple Consultancy Ltd (03997357)

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