Newman Scott Limited (02195418): administration
- Status
- Administration ended
- Administration began
- 2019-02-07
- Administrators' firm
- Begbies Traynor
- Formerly
- Newman Scott (Cleveland) Limited; Freshfayre (Southern) Limited
- Incorporated
- 1987-11-18
- Location
- Newcastle upon Tyne
- Industry
- 31010 Manufacture of office and shop furniture
From the administrators' statement
The Company began trading in 1993 from rented premises in Teesside as joiners and shopfitters. The Company provided interior fit out, refurbishment and project management services to the retail, commercial, government and leisure markets. The business grew steadily, ranking in the upper tier of UK retail shopfitters and had a blue chip multinational customer portfolio.
Asummary of the Company's recent trading performance is shown below.
DRAFT Accts Statutory Accts 01 November 2017 to 01 November 2016 to 31 31 October 2018 October 2017 Turnover 13,076,006 10,007,835 Cost of Sales (11,872,920) (8,943,147) Gross Profit 1,203,086 4,064,688 Gross Profit % 9.2 10.6 Overheads (1,420,920) (1,536,398)
Administrators' statement of proposals (2019-05-02) · Companies House register