Bowe Digitl: Access Limited (05925544): administration
- Status
- Administration ended
- Administration began
- 2011-07-29
- Administrators
- Greg Whitehead
- Administrators' firm
- Northpoint Associates
- Incorporated
- 2006-09-05
- Location
- North Tyneside
- Industry
- 7260
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
- Property / lease costs
From the administrators' statement
31 The Company has always operated as a provider of information technology services including sales, web hosting and software development. It had a workforce of 6 at the date of Administraton Mr and Mrs Bowe were the owner managers It has always been a small family business
32 The last available accounts for the year ended 31 March 2010 show turnover of £315,010 (2009 £296,705 | 2008 £347,432) and a profitiloss) after tax of (£52,678) (2009 (£156,874) | 2008 £2,245). Losses of £209,552 in the two years to 31 March 2010 show a very poor financial performance if certain costs incurred that have been posted to fixed asset software development costs had been posted to the profit and loss account (possibly a more correct treatment)
Regulated for a range of Investment business activities by the Association of Chartered Certified Accountants Insolvency Practitioner licenced by the Association of Chartered Certified Accountants
Administrators' statement of proposals (2011-10-12) · Companies House register