Valera Limited (02447611): administration
- Status
- Administration ended
- Administration began
- 2012-10-16
- Administrators
- Russell Stewart Cash, Mark John Wilson
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- Menumaster Limited; Burginhall 425 Limited
- Incorporated
- 1989-11-29
- Location
- London
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Property / lease costs
- Weather / natural events
From the administrators' statement
Summanised below are relevant extracts from the Company’s e audited financial statements for the year ended 30 September 2010, e draft financial statements for the 15 month period ended 31 December 2011; and e most recent management accounts for the 8 months to 31 August 2012.
Sales - Others 14,344 18,478 Current Assets 3,475,816 | 3,
ct ener Cost of Sales (435,548)| (2,506, 782)| (5,155,111)| (6,110,644}| |Liabilittes under 1 year (3,233,776) Gross Margin 125,645 687,685| 1,521,192] 2,026,179] |Labilities over 1 year 467,968) 754,333) , Gross Margin % 22% 22% 23% 25% | |Total Liabilities
Administrators' statement of proposals (2012-12-11) · Companies House register