Champion Laboratories (Europe) Limited (00780757): administration
- Status
- Administration ended
- Administration began
- 2016-06-28
- Administrators' firm
- RSM
- Formerly
- Eurofilter (AIR Filters) Limited; Productivity Improvements Limited
- Incorporated
- 1963-11-13
- Location
- Milton Keynes
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Relevant extracts from the Company's financial statements are summarised below Please note the figures quoted for 2015 are taken from draft accounts
31 December 31 December 31 December 2015 2014 2013 Draft Audited Audited Turmover 7,222,728 8,595,068 8,549,719 Cost of sales (6,643,211) (7,228,647) (7,066,761) 579,517 1,366,421 1,482,958 Gross profit 579,517 1,366,421 1,482,958 Distnbutron costs (476,861) (600,030) (472,999) Administrative expenses (1,633,522) (1,722,067) (1,475,192)
Other operating income 52,873 52,207 88,878
Administrators' statement of proposals (2016-08-26) · Companies House register