# Fletcher Electricals Limited (06718508)

> Why UK company 06718508 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06718508

- **Status:** Administration ended
- **Administration began:** 2015-03-31
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Incorporated:** 2008-10-08
- **Location:** Gosforth
- **Industry:** 43210 Electrical installation

## Why it went into administration

- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Sustained trading losses
- Parent or group failure

## From the administrators' statement

Relevant extracts from the company’s audited financial statements and management accounts are summarised below

Year ended 30 June Year ended 30 June 2013

Profit and loss account Turnover 2,195,829 2,655,330 Cost of sales (1,841,586) (3,274,287) Gross profit 354,243 (618,957) Admunistrative expenses (343,045) (337,640) Other operating income 803,075 : Operating profit/(loss) 814,273 (956,597) Attributable to. Operating profit/(loss) before exceptional items 11,198 (956,597) Exceptional 1tems 803,075 - 814,273 (956,597) Interest payable and similar charges (6,342) (6,692) Profit/(loss) on ordinary activities before taxation 807,931 (963,289) Tax on profit/(loss) on ordinary activities - 800 Profit/(loss) for the financial year 807,931 (962,489)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06718508/filing-history/MzEyNDgzMDg4N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06718508

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.