Shade Realisations Limited (04727390): administration
- Status
- Administration ended
- Administration began
- 2022-11-30
- Administrators
- Matthew Robert Haw, Nicholas John Edwards, Graham Paul Bushby
- Administrators' firm
- RSM
- Formerly
- Shade Ltd; Farevales Ltd
- Incorporated
- 2003-04-08
- Location
- Milton Keynes
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
Relevant extracts from the Company's filed financial statements and management accounts are summarised below:
£000 . . 30 September 31 January . . Period ending 2022 2022 30 April 2021 30 April 2020 Management Audited filed | Unaudited filed Draft accounts accounts accounts accounts Turnover 16,206 13,111 13,967 8,807 Gross profit 6,017 4,869 5,660 3,097 Operating profit / 1,297 1,476 1,335 526 (loss) Profit / (loss) for 1,297 1,182 1,143 483 the year Dividend paid Nil / uncertain 120 1,290 590
Administrators' statement of proposals (2023-01-30) · Companies House register