Store IT U.K. Limited (05791508): administration
- Status
- Administration ended
- Administration began
- 2011-10-31
- Administrators
- Jeremy Nigel Ian Woodside, Christopher Ratten
- Administrators' firm
- Baker Tilly Business Services
- Incorporated
- 2006-04-24
- Location
- Manchester
- Industry
- 7487
Why it went into administration
- Supply chain disruption
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in April 2006 and it is our understanding the Company initially provided storage services In July 2011, the Company acquired the trading assets of Glenn Freight (North-West) Limited and began trading as a haulage business The Company offered haulage services throughout the UK including haulage for timber and glass The business operated from leasehold premises in Knowsley Industrial Park, Liverpool
A summary of the Company’s financial statements is shown below
Abbreviated Abbreviated Accounts Accounts May 2010 May 2009 Balance Sheet Fixed Assets Tangible assets 120,413 104,364 Current Assets Stock - - Debtors 14,741 20,462 Cash at Bank and tn hand 93 : 14,834 20,462 Creditors (Due within 1 year) (156,192) (127,910) Net Current Assets/ (Liabilities) (141,358) (107,448) Total Assets fess current (20,945) (3,087) ltabilities Provisions for liabilities “ 3,513 Net Assets / (Liabilities) (20,945) (6,600) Capital & Reserves Called up share capital 100 100 Profit and loss account (21,045) (6,700) Deficit (20,945) (6,600)
Administrators' statement of proposals (2011-12-09) · Companies House register