DEFINING A DECADE
ADVERTISING FEATURE
PURPLE LIME ’ S ZEST FOR GROWTH
Purple Lime Accountancy has established itself as a trusted , award-winning accounting firm in the South West of England . Since its inception , the company has undergone significant growth , faced challenges and embraced opportunities for learning and improvement .
Here we take a look at the evolution of Purple Lime , highlighting the changes , challenges , accomplishments , and their outlook for the future .
Purple Lime has experienced notable growth from its humble beginnings in 2017 . The two Founding Directors , Oli Thomas and Angela Ashworth , met in Bath to discuss the exciting opportunities that were on the horizon and what cloud-based technologies can offer to the running of a business - and they didn ’ t look back .
The company has expanded its reach , client base and services offered , attracting start-up businesses and more established SMEs seeking comprehensive accounting services . Their commitment to delivering high-quality financial solutions has earned them a reputation as a reliable and trusted partner in managing clients ' financial affairs .
From the beginning , Purple Lime was built on the value of embracing technological advancements . They have easily adapted to the changing landscape of accounting by pioneering cloud accounting solutions to enhance efficiency and provide real-time financial insights to clients . The use of Xero accounting software has streamlined processes and allowed for improved collaboration between accountants and clients . Purple Lime ’ s partnership with Xero and its compatibility to over 1,000 apps means their clients have greater control , which in turn makes decision-making faster and easier . Purple Lime was able to do what accountants have always tried to do and that ’ s to explain what data means to their client when it matters , not retrospectively like before .
The company grew from three members of staff to 15 unique individuals bringing a vast amount of experience to the business . There was also a change of directors . As Angela eased into retirement , Oli ’ s accounting brother , Sam Thomas , stepped forward to continue their mission of ' delivering valued accountancy services to ambitious , growing businesses , using a blend of highly capable people and the latest technology within accounting and finance '.
Throughout their journey , Purple Lime has maintained a steadfast commitment to providing personalised service and tailored solutions to meet their clients ' unique needs . Their focus on building strong relationships with clients and partners and delivering exceptional customer service has remained a constant , even as the business has grown and evolved . Purple Lime continues to offer a wide range of services , from bookkeeping to board level engagement , ensuring that businesses receive comprehensive support for their financial operations . They firmly believe that if you get the bookkeeping element right , your month-end will line up smoothly and your year-end will be a straightforward exercise . All that ’ s left is to analyse that data with an expert advisor .
Purple Lime ’ s values have not waivered either . They are committed to integrity , investment in people and investment in SMEs . They consider themselves privileged to work with amazing , ambitious businesses and get a ' buzz ' out of helping them get to where they want to be .
Oli said , “ SMEs are the engine of growth and the reason for a sizable proportion of the UK ’ s success .”
However , operating in the accounting industry comes with its share of challenges . Purple Lime has encountered hurdles such as staying updated with ever-changing tax regulations , leading on knowledge of technological changes , varied recruitment landscapes and navigating the complexities of different industries their clients bring . However , through dedication and a proactive approach , they have successfully overcome these challenges , ensuring their clients receive accurate and compliant financial support .
Purple Lime has celebrated numerous highlights along its journey . These include building long-term relationships with clients , working harmoniously with their partners , marking their growth and success , and providing financial guidance that has contributed to their achievements .
They have a lot to be proud of . They won the Driven by Data category in The Techies ; steered clients through tricky lockdowns ; reached Xero ’ s Gold partner level ; completed the IASME Gold Audited standard in data security ; celebrated two staff members ’ accounting qualifications ; completed an apprenticeship program ; discovered talented additions to their team - and still feel privileged to be working in the beautiful grounds of Hartham Park !
Looking to the future , the Purple Lime team is excited as they continue to thrive , focussing on further enhancing their services and innovating . They aim to stay at the forefront of the industry by continuing to embrace emerging technologies such as AI and further upgrading their expertise . Purple Lime ' s mission is to provide groundbreaking and tailored solutions that meet the evolving needs of their clients . They are committed to empowering businesses with the financial tools and knowledge they need to succeed .
Financial data capture and processing
Financial management information
Staff and payroll
Outsourced finance director and business consulting
Founding an organisation
Taxation planning and compliance
Annual accounting Commercial finance
Financial systems implementation , training and education
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