Geoff Fielden Trading Limited (04556819): administration
- Status
- Administration ended
- Administration began
- 2011-09-06
- Administrators
- Lindsey J Cooper, Donald Bailey
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- Marplace (Number 585) Limited
- Incorporated
- 2002-10-08
- Location
- Manchester
- Industry
- 5141
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
Relevant extracts from the Company’s audited financial statements and management accounts are summarised overleaf.
Management Financial Financial Accounts Statement Statement To year ended year ended 6 September 31 March 31 March 2011 2010 2009 Turnover 6,102,463 4,298,218 3,709,911 Cost of sales 5,056,296 3,379,374 3,099,987 Gross profit 1,046,167 918,844 609,924 Administrative expenses (1,082,288) (709,201) (1,086,671) Other operating income 13,475 11,600 8,432 Operating profit/(loss) (22,646) 221,243 (468,315) Attributable to: Operating profit/(loss) before exceptional items (22,646) 185,639 (342,511) Exceptional Items 10,105 35,604 125,804 (12,541) 221,243 (468,315) Interest receivable and other similar income - - 152 Interest payable and other similar charges 22,304 14,095 25,837 Profit/(loss) on ordinary activities before taxation (34,845) 207,148 (494,000) Tax on profit/(loss) on ordinary activities - - - Profit/(loss) for the period after taxation 34,845 207,148 494,000 Retained profit/(loss) brought forward (671,488) (878,636) (384,636) Profit for the year (34,845) 207,148 (494,000) Retained profit carried (706,333) (671,488) (878,636) forward Director’s Remuneration 31,706 21,291 25,988
Fixed assets Tangible assets
Administrators' statement of proposals (2011-11-03) · Companies House register