J R C Mechanical Services Limited (02775390): administration and why it failed

J R C Mechanical Services Limited (02775390): administration

Status: Administration ended
Administration began: 2013-01-07
Administrators' firm: Baker Tilly Restructuring and Recovery
Formerly: Giftcater Limited
Incorporated: 1993-01-04
Location: Birmingham
Industry: 43220 Plumbing, heat and air-conditioning installation

Why it went into administration

Funding withdrawn / unable to refinance
Bad debts / customer insolvency
Sustained trading losses

From the administrators' statement

Relevant extracts from the Company’s audited financial statements (years ending 31 December) and management accounts are summarised below

9 months to 2011 2010 2009 30/09/2012 M’gmt Final Final Final

£7000 £7000 £7000 £7000 Profit & Loss a/c:

Administrators' statement of proposals (2013-02-07) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts