# H.O. COX (Carsales) Limited (00479581)

> Why UK company 00479581 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00479581

- **Status:** Administration ended
- **Administration began:** 2012-09-03
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Incorporated:** 1950-03-16
- **Location:** Bury St Edmunds
- **Industry:** 45111 Sale of new cars and light motor vehicles

## Why it went into administration

- Cash flow / liquidity pressure
- Parent or group failure

## From the administrators' statement

Relevant extracts from the company’s unaudited financial statements and management accounts are summarised below.

Management Management Year Year ended Accounts for Accounts for ended 31 January 7 months Year ended 31 January 2010 ended 31 January 2011 3 September 2012

Turnover 1,797,473 3,086,077 2,861,726 3,633 405 Cost of sales (1,819,788) (2,922,072) (2,546,496) (3,225,013) Gross profit (22,315) 164,005 315,230 408,392 Operating profit/(Loss) (187,935) (138,757) (67,619) 1,605 Profit/(loss) before taxation (187,935) (138,757) (69,126) (368) Called Up Share Capital 7,250 7,250 7,250 7,250 Capital Redemption Reserves 6,750 6,750 6,750 6,750 Reserves Brought forward 296,358 435,115 501,948 498,282 Net Profit/Loss for the Year (187,935) (138,757) (66,833) 3,666 Directors’ Loan Accounts (82,955) (88,302) 0 0 Shareholder’s Funds 39,468 222,056 449,115 515,948

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00479581/filing-history/MzA2Njc2ODkwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00479581

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