Flextrude Limited (06450195): administration
- Status
- Administration ended
- Administration began
- 2023-03-16
- Administrators
- John Peter Fisher
- Administrators' firm
- Robson Kay Associates
- Incorporated
- 2007-12-11
- Location
- Liverpool
- Industry
- 22290 Manufacture of other plastic products
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from my personal knowledge as Administrator.
A summary of the Company’s recent accounts is shown below.
Profit & Loss Account for the Year Ended 30.09.22 30.09.21 Turnover 1,473,904 1,179,333 Cost of Sales (997,440) (797,980) Gross Profit 476,464 381,353 Administrative Expenses (425,697) (441,687) Other Operating Income 6,805 98,362 Operating Profit 57,572 38,028 Interest Payable (15,068) (9,900) Profit before Tax 42,504 28,128 Tax on Profit 0 0 Profit for year 42,504 28,128 Retained Earnings B/F 34,389 6,261 Retained earnings C/F £76,893 £34,389 Balance Sheet as at 30/9/22 30/9/21 Intangible assets 12,000 - Tangible assets 613,585 665,727 625,585 665,727 Current assets Stocks 1,248,386 912,847 Debtors 111,866 203,713 Cash at bank and in hand 880 46,764 1,361,132 1,163,324 Creditors : Amounts falling (939,436) (666,030) due within one year Net Current Assets 421,696 497,294 Total assets less current 1,047,281 1,163.021 liabilities Creditors : Amounts falling (207,388) (428,632) due after more than one year Net Assets £776,893 £ 734,389 Capital and Reserves Called up Share Capital 350,000 350,000 Other reserves 350,000 350,000 Profit and loss reserves 76,893 34,389 Total Equity £776,893 £734,389 On 16 March, 2023, | was appointed by Cambrian Investments Limited as Administrator of …
Administrators' statement of proposals (2023-06-08) · Companies House register