# CMS Medical Limited (03856993)

> Why UK company 03856993 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03856993

- **Status:** Administration ended
- **Administration began:** 2019-12-19
- **Administrators:** James Miller, Gareth Harris
- **Administrators' firm:** RSM
- **Incorporated:** 1999-10-11
- **Location:** Leeds
- **Industry:** 32990 Other manufacturing n.e.c.

## Why it went into administration

- Competition / price pressure
- Funding withdrawn / unable to refinance
- Property / lease costs

## From the administrators' statement

Relevant extracts from the Company’s financial statements and management accounts are summarised below. Management Draft Statutory Filed Statutory Filed Statutory Period ended 30 Period ended 30 Year ended 31 Year ended 31

September 2019 December 2018 March 2018 March 2017 Turnover 1,131,629 1,138,653 2,015,419 2,160,721 Cost of Sales (734.982) (1,023,940) (2,083,156) (1,417,580)

Gross profit “7 396,647 144,713 ~ (67,737) "743,141 Admin Expenses (718,304) (391,441) (817,502) (805 420) Other Income 24,659 21,234 26,025 35,712 Operating profit (296,998) ~ " ” (255,494) (859,214) (26,567) Interest receivable 13 21 77 17 interest payable (16,167) (7,172) (15,867) (25,802) “Profit before tax ~"" (343,152) (262,645) (875,004) — (52,352) Taxation - 23.699 13,666 (947) Profit aftertax (313,152) (238,946) ~~~ (861,338) (53,299)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03856993/filing-history/MzI1NzI4MDg0OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03856993

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.