Research and Marketing Limited (01026815): administration
- Status
- Administration ended
- Administration began
- 2014-06-03
- Administrators' firm
- Mazars
- Formerly
- Research and Marketing Wales and the West Limited; Inter-City Sales and Merchandising Limited
- Incorporated
- 1971-10-11
- Location
- Bristol
- Industry
- 52103 Operation of warehousing and storage facilities for land transport activities
Why it went into administration
- Sustained trading losses
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on 11 October 1971 The Company specialised as a market research and direct marketing agency
Based tn Cardiff, the Company operated nationally, although its significant customers were public bodies, including the Welsh Government In the year ended 30 September 2011, the Company made a loss of £16,068, based on a turnover of £1,674,543
Turnover decreased to £1,634,626 in the year ended 30 September 2012, and a loss of £21,358 was made in that year, according to the Company’s audited financial statements Shareholders’ funds amounted to £315,489 In the year ended 30 September 2013 a small profit of £1,217 was made, the Company having increased its turnover to some £1,487,000, per the Company’s management accounts
Administrators' statement of proposals (2014-07-14) · Companies House register