# Cherwell Tobacco Limited (01384848)

> Why UK company 01384848 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01384848

- **Status:** Administration ended
- **Administration began:** 2015-02-24
- **Administrators:** Lindsey J Cooper, Jeremy Nigel Ian Woodside
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Incorporated:** 1978-08-18
- **Location:** Manchester
- **Industry:** 46350 Wholesale of tobacco products

## Why it went into administration

- Sustained trading losses
- Parent or group failure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

Relevant extracts from the Company’s financial statements and management accounts are summansed below

Profit & Loss Account

Period to Year End Year End Appointment 31 March 31 March 31 December 2014 2013 2014 (£) (£) Unaudited Unaudited Restated (management) (draft) Turnover Note 1 3,871,049 70,710 247,801 Cost of Sales Note 1 (3,870,744) - (197,028) Gross Profit 305 70,710 50,773 Admunistrative (67,894) (142,009) (110,731) Expenses Other Operating 156,240 260,288 289,225 Income Operating 88,651 188,989 229,267 Profit/(Loss) Investment Income 158,994 Amounts written off (773,199) (537,049) investments Interest payable & (46,200) (46,746) (50,567) similar charges Profit/(Loss) on 42,451 (471,962) (358,349) Ordinary activities before taxation Tax on profit/(loss) on - - (4,210) Ordinary activities Profit/(Loss) for the 42,451 (471,962) (362,559) year

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01384848/filing-history/MzEyMjQwNzcxNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01384848

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