# Management Cubed Limited (05321533)

> Why UK company 05321533 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05321533

- **Status:** Administration ended
- **Administration began:** 2016-11-04
- **Administrators' firm:** RSM
- **Incorporated:** 2004-12-29
- **Location:** Leeds
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Sustained trading losses
- Brexit

## From the administrators' statement

Relevant extracts from the Company's audited financial statements and management accounts are summantsed below

Draft accounts for Period year ended ended 31 Year ended 31 January January 31 December 2016 2015 2013

Profit & Loss Turnover 32,087,869 24,386,538 20,250,937 Gross profit/(Loss) 980,245 1,612,219 978,233 Administrative Expenses (1,095,309) (942,828) (814,043) Operating profit/(loss) (115,064) 669,391 164,190 Net profit/(loss) 76,039 $22,720 130,340 Balance Sheet Fixed assets 332,822 431,849 298,928 Current Assets 9,635,501 7,739,222 5,847,353 Total Assets 9,968,323 8,171,071 6,146,281 Total Liabilities (8,675,550) (6,599,829) (5,114,015) Provisions (48,700) (45,200) (48,700) Shareholders’ Funds 1,244,073 1,526,042 983,566

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05321533/filing-history/MzE2NTk1NzQ4N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05321533

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