Dobson & Crowther Limited (05622782): administration
- Status
- Administration ended
- Administration began
- 2015-06-16
- Administrators
- Lindsey J Cooper, Christopher Ratten
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- Broomco (3946) Limited
- Incorporated
- 2005-11-15
- Location
- Manchester
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
- Loss of a key customer, supplier or contract
From the administrators' statement
Relevant extracts from the Company’s audited financial statements and management accounts are summarised below
Management Draft Annual Annual Accounts Accounts Accounts Year ended Three months to Yearended 31 December 2013 31 March 2015 31 December 2014 (£000’s) (£000’s) (£000’s) Profit and Loss Account Turnover 1,550 6,782 8,991 Cost of Sales (1,138) (5,221) (7,281) Gross Profit 412 1,561 1,710 Overheads (563) (1,765) G,711) Operating Loss (151) (204) (69) Interest _(76) (331) (51) Net Loss (227) (35) (352) Balance Sheet Fixed Assets 2,253 2,321 2,734 Current Assets Stock 298 415 393 Debtors 1,691 2,523 2,902 Cash at Bank 36 100 321 2,025 3,038 3,616 Creditors due within 12 months Trade Creditors (1,120) (1,035) (1,567) Loans (2,041) (2,788) — (2,605) Other Creditors (564) (604) (729) (3,725) (4,427) (4,901) Total Assets less §53 932 1,449 Current Liabilities Creditors due after (1,057) (1,209) (944) more than 12 months Net (liabilities)/assets 504 277 505 Capital and Reserves Share Capital 101 101 101 Revaluation Reserve 711 71 959 Profit and loss account (1,316) (1,089) (555) 504 277 505
Administrators' statement of proposals (2015-08-03) · Companies House register