ABC701 Limited (03704211): administration
- Status
- Administration ended
- Administration began
- 2012-02-09
- Administrators
- Greg Whitehead
- Administrators' firm
- Northpoint Associates
- Formerly
- Greatlook Ltd
- Incorporated
- 1999-01-28
- Location
- Wallsend
- Industry
- 5248
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
The company has historically operated as a manufacturer, retailer and installer of kitchens and bedroom furniture although manufacturing ceased in 2010. It had a workforce of 14 at the date of Administration Mr and Mrs Mason comprised the Management team It has always been a smail family business
The latest available full accounts, for the ten months ended 30 November 2011, as adjusted, show turnover of £2,217,192 and a loss of £122,555 Accounts for the year ended 31 January 2011 show turnover of £3,068,920 and a loss of £172,343 These accounts reflect post date adjustments in respect of stock that appears to have been overvalued in onginal accounts
Reguiated for a range of investment business acthities by the Association of Chartered Certified Accountants. Insolvency Practtioner licenced by the Association of Chartered Certified Accountants
Administrators' statement of proposals (2012-04-27) · Companies House register