# Purple Consultancy Ltd (03997357)

> Why UK company 03997357 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03997357

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03997357/filing-history/MzE0NjM2MTM3NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03997357

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.