Aprilis Holdings Limited (06213201): administration
- Status
- Administration ended
- Administration began
- 2014-08-21
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Incorporated
- 2007-04-16
- Location
- Manchester
- Industry
- 74990 Non-trading company
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Credit insurance / supplier credit withdrawn
From the administrators' statement
Relevant extracts from the Company’s consolidated audited financial statements and management accounts are summarised overleaf
Management Audited Audited Accounts for Accounts for Accounts for Period Ended Year Ended Year Ended 31 June 2014 31 August 2013-31 August 2012 Profit and Loss Account Turnover - - - Cost of sales - (396) (12,950) Gross profit - (396) (12,950) Admunistrative expenses (805) (3,832) (5,060) Other operating income 9,922 7,216 - Operating profit/(loss) 9,117 2,988 (18,010) Other interest receivable and similar income - - - Interest payable and similar charges (4,333) (5,736) (5,381) Profit/(Loss) on ordinary activities before tax 4,784 (2,748) (23,391) Tax on (loss)/profit on ordinary activities - - - Profit/(Loss) for the financial year 4,784 (2,748) (23,391) Balance Sheet Fixed Assets Investments 475,000 475,000 475,000 Current Assets Work in progress 576,455 450,000 450,000 Other debtors 51,361 50,349 50,349 Cash at bank and in hand 2,604 5,406 2,752 630,420 505,755 503,101 Creditors Amounts due within 1 year (709,280) (590,732) (569,007) Net current assets (78,860) (84,977) (65,906) Creditors Amounts due after more than 1 year (171,496) (170,163) (186,486) Provisions for liabilities - - - Net assets 224,644 219,860 222,608 Capital and Reserves Called up share capital 298 298 298 …
Apnilis Holdings Limited — In Admimustration
Administrators' statement of proposals (2014-10-23) · Companies House register