# J M & D Limited (06825273)

> Why UK company 06825273 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06825273

- **Status:** Administration ended
- **Administration began:** 2017-12-29
- **Administrators:** Sarah Helen Bell, Steven Muncaster
- **Administrators' firm:** Kroll
- **Incorporated:** 2009-02-20
- **Location:** Manchester
- **Industry:** 46341 Wholesale of fruit and vegetable juices, mineral water and soft drinks

## Why it went into administration

- HMRC / tax arrears
- Bad debts / customer insolvency

## From the administrators' statement

The Company acted as an intermediary between supplier and customer The minimum order quantity for any tem was one pallet, which would usually generate low profit margins, averaging In the region of 6% per order

The Company relied heavily on buik sales, generating monthly turnover of circa £500k to £700k, depending upon seasonality

Despite its low profit margins the Company had a successful business model and reported annual profits in recent years The annual accounts for the twelve-month period to 28 February 2016 showed net profit of £29,594

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06825273/filing-history/MzE5OTM1MTkwNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06825273

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