Stone Facades Limited (02972404): administration
- Status
- Administration ended
- Administration began
- 2011-09-19
- Administrators
- Matthew Richard Meadley Wild, Andrew Martin Sheridan
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- 3018TH Single Member Shelf Trading Company Limited
- Incorporated
- 1994-09-29
- Location
- Guildford
- Industry
- 4525
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Parent or group failure
From the administrators' statement
Relevant extracts from the Company’s formal unaudited financial statements for the periods ended 31 May 2009 and 2010 are set out below:
Profit and Loss Account Year Ended Year Ended 31.5 10 31509 Turnover 419,476 1,469,749 Cost of Sales (377,004) (1,221,549) Gross Profit 42,472 248,200 Administrative Expenses (34,246) (53,571) Profit Before Tax 8,226 194,629 Balance Sheet 31510 315.09 Current Assets 298,553 290,327 Amounts Due Within One Year (1,275,841) (1,275,841) Net Current Assets (977,288) (985,514) Net Assets (977,288) (985,514) Called Up Share Capital 50,000 50,000 Profit and Loss Account (1,027,288) (1,035,514) Shareholders’ Funds (977,288) (985,514)
MRWTGAAGCK\MSH/KSTONEF/7/A DMP 0800-2010v2308 11
Administrators' statement of proposals (2011-11-15) · Companies House register