Peck & Packer (Care Homes) Limited (02275553): administration
- Status
- Administration ended
- Administration began
- 2017-02-02
- Administrators' firm
- RSM
- Formerly
- Peck & Packer (Garages) Limited
- Incorporated
- 1988-07-08
- Location
- Nottingham
- Industry
- 87200 Residential care activities for learning difficulties, mental health and substance abuse
Why it went into administration
- Regulatory change or action
- Rising costs / inflation
- Sustained trading losses
From the administrators' statement
Relevant extracts from the Company's financial statements and management accounts are summarised
below. Draft . . Financial Financial accounts Statements StatementsYear Year ended Year ended ended 31 Dec 31 Dec 2015 31 Dec 2016 2014
Profit & Loss Turnover 1,127,951 977,334 1,035,405 Gross profit 139,466 155,465 224,203 Administrative Expenses 204,253 221,815 257,642 Operating loss (64,787) (45,850) (33,439) Net loss (64,787) (44,371) (37,561) Balance Sheet Fixed Assets 736,456 736,018 767,170 Current Assets 86,751 73,180 48,694 Total Assets 823,207 809,198 815,864 Total Liabilities (515,973) (356,510) (310,254) Provisions - (80,375) (88,926) Shareholders 307,234 372,313 416,684 Funds
Administrators' statement of proposals (2017-04-11) · Companies House register