Campion Business Solutions Ltd (05256390): administration
- Status
- Administration ended
- Administration began
- 2012-03-05
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2004-10-12
- Location
- York
- Industry
- 7222
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was set up in October 2004 by Timothy Joseph Robinson and Gladstone Steven Wilson who were both appointed directors and equal shareholders, each being tssued with 400 ordinary shares of £1
The business was a business and IT consultancy specialising in assisting medium to large organisations implement Enterpnse Resource Planning (“ERP”) systems in the manufactunng sector
The Company traded successfully, achieving annual profits up to the year ended 31 December 2009 In that year, turnover was £847,212 which generated a net profit before tax of £182,527 In the subsequent year ended 31 December 2010, turnover dropped to £439,036 resulting in a net loss before tax of £7,882
Administrators' statement of proposals (2012-05-02) · Companies House register