ST Blaise Limited (04949874): administration
- Status
- Administration ended
- Administration began
- 2011-09-15
- Administrators
- Matthew Richard Meadley Wild, John Ariel
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- STB Lamberts Limited
- Incorporated
- 2003-10-31
- Location
- Guildford
- Industry
- 4545
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
Relevant extracts from the Company’s audited financial statements and management accounts are summarised below
Profit and Loss Account Year Ended 11108 to 31510 31509 Turnover 5,496,033 3,325,204 Cost of Sales _ (4,701,836) (2,717,994) _ Gross Profit 794,197 607,210 Administrative Expenses ___ (756,722) (605,718) Operating Profit 37,475 1,492 Interest and Charges (192) 9 Profit Before Tax 37,283 1,501 Balance Sheet 31510 31509 Fixed Assets 25,931 33,380 Current Assets 1,584,397 1,282,633 Amounts Due Within One Year _ (1,368,365) (1,111,333) Net Current Assets 216,032 171,300 Provisions (1,552) (2,283) Net Assets 240,411 202,397 Called Up Share Capital 100,000 100,000 Profit and Loss Account 140,411 102,397 Shareholders’ Funds 240,411 202,397
Administrators' statement of proposals (2011-11-11) · Companies House register