Complete Technical Services Limited (03082358): administration
- Status
- Administration ended
- Administration began
- 2012-01-25
- Administrators
- Lindsey J Cooper, Donald Bailey
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Incorporated
- 1995-07-21
- Location
- Manchester
- Industry
- 4525
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
- Loss of a key customer, supplier or contract
From the administrators' statement
Relevant extracts from the company’s audited financial statements and management accounts are summarised below.
Management Unaudited Unaudited Period End Year End Year End 30 November 31 January 31 January 2011 2011 2010
Statement of Income £ £ £ Sales 3,800,043 5,457,770 5,287,436 Cost of Sales (2,842,152) (3,559,518) (3,497,063) Gross Profit 957,891 1,898,252 1,790,373 Admunistrative Expenses (1,132,343) (1,636,635) (1,586,827) Interest Receivable - 5,483 - Interest Payable - (33,516) (45,097) Tax Refund/(Payable) : (61,183) (51,350) Profit After Tax (174,452) 172,401 107,099 Dividends - (104,000) - Profit After Dividends (174,452) 68,401 107,099
Administrators' statement of proposals (2012-03-20) · Companies House register