# Snows Timber Limited (01549201)

> Why UK company 01549201 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01549201

- **Status:** Administration ended
- **Administration began:** 2019-11-18
- **Administrators' firm:** RSM
- **Formerly:** Bradfords Timber Supplies Limited; Bradfords Animal Feeds Limited; Bradfords Agriculture Limited
- **Incorporated:** 1981-03-06
- **Location:** London
- **Industry:** 16100 Sawmilling and planing of wood

## Why it went into administration

- Weather / natural events
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Competition / price pressure

## From the administrators' statement

Relevant extracts from the Company's financial statements and management accounts are summarised below.

Profit and Loss Statement

October 2079 Apri 2079 April 2018 April 2017 vo a O23 BS aytge se 74 38° 564 Cost cf Sales 6 258, 402 2} (13 230 378) (30,299,950) (30,196,778) Gross Profit 2 004,942 4052 380 $888 724 44.154.785 Expenses iz. 860, 748} (7 277 919) (12,805,084) (12.511,447) SPE Sr G Loss . fudé cee 2.940 37°C S56 odz: interest Payabe 133, 396} (4 108 629) (64,289) (49,308) Frofit{Loss; Betore Tax 18a¢ 202) (4,333 158} (2,979.880) 11: 405.970) Tax Retief (Paid) _.. ... (28,607) 4,656,099 ____ 3 322,307 - (3,075) “Profit(Loss) _ (917,809) 322,941 351,648 ~ (1,409,045) Balance Sheet October 20189 April 2019 April 2018 Aprit 2017 Med Assets + FEC OG0 4 S97 SoZ Current Assets 10,389,000 a 108,433 Curent Labities 2 740 000) ee 383° it? Liabilties oo _ (2,557 000) - 300) "e7788)_ _ Net Assets. oo 7 1,770,000 _ 6, 553, 000 sCs«éG 530,059 ~ Capital and Reserves Called up share capital 900,000 900 900 900,000 900,000 d1OSs aGV0u™ - 2 87009 (6830059 6 278 4" a 1.770,000 6.530,059 6.178.411

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01549201/filing-history/MzI1NDcyNDUxMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01549201

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