Windows For Construction Limited (04774994): administration
- Status
- Administration ended
- Administration began
- 2019-09-04
- Administrators' firm
- RSM
- Formerly
- DDF Windows New Build Limited; Ibex Premier Products Division Limited; Merryvale Developments Limited
- Incorporated
- 2003-05-22
- Location
- Guildford
- Industry
- 43290 Other construction installation
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
Relevant extracts from the Company’s unaudited financial statements to 31 May 2018 are summarised
below:Year ended 31 May Year ended 31 May Year ended 31 May 2018 2017 2016 Sales 8,903,713 7,591,433 §,472,945 Cost of sales (7,557,194) (6,525,513) (4,552,698) Gross Profit 1,346,519 1,065,920 920,247 Overheads (1,227,147) (914,207) (786,425) Net Profit(loss) 119,372 151,713 133,822 Taxation (23,732) (30,877) (27,999) Net Profit (loss) 95,640 120,836 105,823
Estimated statement of financial position
Administrators' statement of proposals (2019-11-01) · Companies House register