# RGS Plus Limited (05204076)

> Why UK company 05204076 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05204076

- **Status:** Administration ended
- **Administration began:** 2013-04-12
- **Administrators' firm:** BDO
- **Incorporated:** 2004-08-12
- **Location:** Manchester
- **Industry:** 46140 Agents involved in the sale of machinery, industrial equipment, ships and aircraft

## Why it went into administration

- Sustained trading losses
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Parent or group failure
- Creditor pressure / legal action
- Weather / natural events

## From the administrators' statement

Although the Group reported profits in the year to 30 November 2012, unsecured creditor arrears across the Group are significant (circa £0.8m) as a result of-

• Stocks increasing significantly during 2010, which did not then reduce, as a result of inconsistent stock control;

• Increased contributions to the defined benefit pension scheme; and

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05204076/filing-history/MzA3OTIyMDc3NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05204076

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.