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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

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

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Matchsaver Limited (03642547)

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