{"name":"WORM PURPLE LTD","company_number":"06142877","status":"Active","type":"Private Limited Company","incorporated":"2007-03-07","dissolved":null,"registered_office":"20a Borough Street, Castle Donington, Derby, DE74 2LA","postcode":"DE74 2LA","sic_codes":[{"code":62090,"description":"Other information technology service activities"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"29 February","last_made_up_to":"2026-02-28","next_due":"2027-11-30"},"employees":{"count":13,"accounts_date":"2026-02-28"},"financials":[{"financial_date":"2026-02-28","net_assets":90503,"cash":118900,"average_employees":13},{"financial_date":"2025-02-28","net_assets":150341,"cash":169280,"average_employees":14},{"financial_date":"2024-02-29","net_assets":152286,"cash":169147},{"financial_date":"2023-02-28","net_assets":90676,"cash":232683},{"financial_date":"2022-02-28","net_assets":185608,"cash":100486}],"officers":{"current":2,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Worm Purple Ltd presents a conditional credit proposition. While the company maintains adequate short-term liquidity (current ratio 1.81x, cash £169k) and is actively reducing long-term debt, the balance sheet has suffered catastrophic deterioration – net assets fell 65% from £436k (FY2021) to £150k (FY2025). Near-breakeven performance in FY2025 offers tentative stabilisation, but without evidence of a sustainable return to profitability, new lending should be restricted to shorter tenors with director guarantees and financial covenants protecting the bank's position.","website":"https://wormpurple.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/worm-purple","people":"https://www.companiesintheuk.co.uk/company/worm-purple/people","filing_history":"https://www.companiesintheuk.co.uk/company/worm-purple/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06142877","financials":"https://www.companiesintheuk.co.uk/company/worm-purple/financial","control":"https://www.companiesintheuk.co.uk/company/worm-purple/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/worm-purple/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/worm-purple"}