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Aurora Marble Ltd. (01897369): administration

Status
Administration ended
Administration began
2011-07-19
Administrators
Mark Granville Firmin, Howard Smith
Administrators' firm
KPMG
Formerly
Slatemaster Limited
Incorporated
1985-03-20
Location
Leeds
Industry
2682

Why it went into administration

From the administrators' statement

Aurora Marble Limited was incorporated on 20 March 1985 by David and Bernice Lever, and specialised in the manufacture and supply of marble fireplace surrounds to regional and national retailers The Company employed 15 members of staff and operated from leasehold premises in Huddersfield

The Company’s accounts show a substantial fall in turnover from £3,044,000 in the year ending 31 March 2008 to £2,395,000 in the year ending 31 March 2011 Management Accounts drawn up by the Company tllustrate a continued fall in turnover during the last financial year, dropping 72% in May The Company’s biggest customer was B&Q, who accounted for roughly 80% of turnover

Turnover continued to fall in 2011 which resulted in severe cash flow difficulties

Administrators' statement of proposals (2011-09-13) · Companies House register

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Aurora Marble Ltd. (01897369)

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