From the administrators' statement

The company was referred to me by the company’s financial advisor following a threat of a winding up petition from H M Revenue & Customs The company was coming under pressure for repayment of montes due

My firm was first consulted about the company’s financial position on 25" February 2011 when the position was not certain as the amount of these arrears was disputed Insolvency advice has been provided since this time The advice was initially limited to the ongoing problems with H M Revenue & Customs which culminated with the threat of a winding up petition being issued against the company

However, the following alternative options were considered -

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

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