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G.H. Martin & SON Limited (04094703): administration

Status
Administration ended
Administration began
2012-02-08
Administrators' firm
Mazars
Incorporated
2000-10-23
Location
Bristol
Industry
49410 Freight transport by road

Why it went into administration

From the administrators' statement

The company was incorporated and registered at Companies House on 23 October 2000, when it acquired the busimess and assets of GH Martin & Son, a family run haulage busimess originally established in 1934,

The company’s annual turnover amounted to approximately £1 89m in the year ended 31 March 2009, and the company achieved a net profit, before tax, in the sum of £38,565 The company’s turnover decreased to £1.64m the following year, resulting in a loss, before tax, in the sum of £48,260

During the year from 1 April 2010 to 31 March 2011, a loss before tax totalling £111,139 was recorded against annual turnover in the sum of £] 52m Additionally during the year, the company had fallen behind with payments to HM Revenue & Customs (“HMRC”) in respect of VAT, PAYE and NIC, and had, therefore, accrued significant Crown liabilities totalling approximately £91,000 by Apri] 2011

Administrators' statement of proposals (2012-04-05) · Companies House register

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G.H. Martin & SON Limited (04094703)

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