E.Taylor & Sons (Southwell) Limited (00666511): administration
- Status
- Administration ended
- Administration began
- 2019-11-28
- Administrators
- Diana Frangou, Tyrone Courtman
- Administrators' firm
- RSM
- Incorporated
- 1960-08-02
- Location
- Nottingham
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
Relevant extracts from the Company's filed financial statements are summarised below: Profit and loss account for the years ended 31 August 31 August
2017 2018 £°000 £°000 Turnover 7,371,323 4,758,420 Cost of Sales (6,274 336) (4,128,562) Gross profit - "1,096,987 «6 29,858 Gross profit % 15% 13% Administrative expenses (4,060,362) (830,589) Other operating income 17,248 10,543 Operating profit /(loss) _ "53.873 | (190,188) Interest receivabie 110 334 interest payable (13,834) (25,143) Amounts written off investments 71,760 - Profit/(loss) before tax CO 111,909 = (214,997) Tax on profit/(loss) 5,409 34,933 Profit(loss) forthe financial year 117.318 (180,064) Balance Sheet Extracts as at 31 August 31 August 2017 2018 £7000 £°000 Fixed Assets Tangible Assets 24,702 18,783 Investments properties _ 320,000 320,000 344,702 338,783 Current Assets Debtors Trade debtors 81,590 20,186 Other debtors 41,000 31,579 Contract customers 666,969 995,708 Group undertaking 3,193,638 2,976,633 Prepayments and accrued income 42,130 33,400
Deferred tax - 31,199
Administrators' statement of proposals (2020-01-28) · Companies House register