Cooper Callas Limited (01089551): administration
- Status
- Administration ended
- Administration began
- 2016-06-02
- Administrators' firm
- RSM
- Formerly
- Callas Investments Limited
- Incorporated
- 1973-01-03
- Location
- Bristol
- Industry
- 46740 Wholesale of hardware, plumbing and heating equipment and supplies
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
Relevant extracts from the Company's audited financial statements (“Audited”) and management accounts (“Mngt” )are summarised below
1imending Year ending 4m ending 31-Dec-14 31-Dec-15 30-Apr-16 (Audited) (Mngt) (Magt) £000s £000s £000s
Sales 27,240 27,465 6,844 Cost of sales (22,596) (22,234) (5,631) Gross margin 4,644 §,231 1,213 Gross margin % 17% 19% 18%
Administrators' statement of proposals (2016-08-09) · Companies House register