Pure Management Limited

Pure Management Limited is a small holding company based in Minehead, UK, with an active status. Founded nine years ago in November 2015, it employs just one person and holds assets valued at £116,919. The company operates from a real address shared by eight other businesses and is led by one director and owner. It’s an irregular importer, primarily bringing in vehicles, parts, and accessories – though only for a single month of imports as of June 2019.

The company’s website reveals it’s a letting agent, Pure Property Management, specializing in residential property management in Edinburgh. They offer services ranging from property compliance certificates to detailed inventories, targeting landlords seeking reliable tenants. The site emphasizes customer service and expertise, highlighting their understanding of the Scottish rental market and commitment to providing high-quality properties. They even offer free rental property valuations.

Financially, Pure Management Limited shows some concerning trends. Current assets have decreased by 60% to £120,000, and net assets have fallen by 16% to £27,000. Bank borrowings have increased significantly by 210%, reaching £47,000, while cash reserves have dropped 2200% to a meager £1400. Creditors have also decreased by 90%, which could be a positive sign. The company meets the criteria for a small business, with turnover less than £10.2 million, assets under £5.1 million, and only one employee. With no auditor mentioned, the financial statements are unaudited.

It seems Pure Management Limited is facing some financial pressure, despite a strong focus on customer service and a thriving letting business. The decrease in assets and increase in borrowings suggests it’s burning through cash, although the decrease in creditors could indicate improved debt management.

Registered in England/Wales under the registration number 09859162, with a registered address at TA24 6QT, England, Minehead, Croydon Hall Felons Oak, Rodhuish.

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