Matchsaver Limited (03642547): administration
- Status
- Administration ended
- Administration began
- 2014-09-19
- Administrators
- Ian William Kings, Steven Phillip Ross
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- Tildenet Retail Limited; Sofa Magic (Coldharbour Road) Ltd
- Incorporated
- 1998-10-01
- Location
- Newcastle upon Tyne
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Weather / natural events
From the administrators' statement
Relevant extracts from the company’s audited financial statements and management accounts are summarised below:
Profit and Loss Account
For the year ended 30 June 2014 2014 2013 £7000 £000 TURNOVER 591 276 Cost of sales (329) (145) GROSS PROFIT 262 131 Administrative expenses (374) (192) (112) (61) Other operating income - 65 OPERATING PROFIT (112) 4 Interest receivable and similar income - PROFIT ON ORDINARY ACTIVITIES (112) 4 Tax on profit on ordinary activities 4 d) PROFIT FOR THE FINANCIAL YEAR (108) 3
Administrators' statement of proposals (2014-10-27) · Companies House register