G F Mercer Limited (06357878): administration
- Status
- Administration ended
- Administration began
- 2011-05-17
- Administrators
- Timothy Colin Hamilton Ball, Roderick John Weston
- Administrators' firm
- Mazars
- Incorporated
- 2007-08-31
- Location
- Bristol
- Industry
- 5122
Why it went into administration
- Sustained trading losses
- Bad debts / customer insolvency
- Competition / price pressure
- Rising costs / inflation
- Loss of a key customer, supplier or contract
From the administrators' statement
The business was mutually started by G F Mercer in 1928, trading as a fruit and vegetable seller in St Nicholas Market 1n Bristol
As a family run business, it expanded into the sale of plants and flowers On 31 August 2007, the business was incorporated as a Company under the name G F Mercer Limited, continuing to trade as a fruit and plant wholesaler
According to the unaudited financial statements prepared by the company’s accountants, for the year ended 31 March 2008, the company made a profit of £84,841 after taxation, based on a turnover of £1,208,590 No dividends were paid to shareholders during this year
Administrators' statement of proposals (2011-07-15) · Companies House register