# Sandcroft Avenue Limited (06849691)

> Why UK company 06849691 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06849691

- **Status:** Administration ended
- **Administration began:** 2022-05-06
- **Administrators:** Nicholas John Edwards, Graham Paul Bushby
- **Administrators' firm:** RSM
- **Incorporated:** 2009-03-17
- **Location:** Manchester
- **Industry:** 93199 Other sports activities

## Why it went into administration

- COVID-19
- HMRC / tax arrears
- Over-expansion / investment not recovered
- Sustained trading losses

## From the administrators' statement

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

Tumover 7,010 3,044 1,286 Cost of Sales (2,600) (856) (408) Gross profit 4,410 2,188 878 Gross profit % 63% 72% 68% Marketing (5,946) (3,247) (802) Other Admin (3,322) (2,852) (2,239) Operating profit (4,858) (3,911) (2,163) Interest payable (120) (254) (95) R&D/grants 142 483 499 Pre-exceptional profit (4,836) (3,682) (1,759) Exceptional items

Profit before tax (4,836) (3,682) (1,759)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06849691/filing-history/MzMzOTQwODE5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06849691

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