PURPLEPORT LTD
Company number 07735669 · Monitor this company
Executive summary
PurplePort Ltd demonstrates a financially stable but modestly scaled position within the UK creative industries digital platform sector, having successfully transitioned from accumulated losses in 2017-2019 to net assets of £132,825 by 2024. The company's near-total cash concentration and lean cost structure provide resilience, though the significant decline in retained profits between 2023 and 2024 (approximately £60,273 to £14,804) warrants scrutiny regarding competitive pressures or market maturation. While the business model has proven commercially viable, the minimal reinvestment profile and concentrated ownership structure suggest PurplePort operates as a sustainable niche player rather than a growth-oriented platform, which may present strategic vulnerabilities as larger competitors continue to invest heavily in feature development and user acquisition.
Shareholders' funds
£133,910
Balance sheet as at 2023-12-31
What it does
The principal activity of the company is that of a social media service.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-08-10
- Employees
- 4 (2024 accounts)
- Registered office
- Exmouth Business Centre Office Suite 35, 14 Hartley Road, Exmouth, England, EX8 2SG
- Postcode
- EX8 2SG
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-10
- Next due by
- 2027-08-24
Nature of business (SIC)
- 90030 Artistic creation
Officers 4 current
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 22 GIPSY LANE, EXMOUTH, DEVON, EX8 3HW | 2019-09-13 |
Among its peers
Top 10%
by shareholders' funds, of 103 similar companies in EX
3rd largest employer among its local peers (4 staff).
Trading since 2011.
No.10 of the largest artistic creation companies in Exeter →
Competitors Exeter
This company ranks 10 among artistic creation in Exeter.
The class of 2011
28%
of the 1,833 companies in this sector incorporated in 2011 are still active today; 70% have since been dissolved.
A fact about the year, not a forecast for this company.