Depot 148 Limited (06859524): administration
- Status
- Administration ended
- Administration began
- 2017-02-06
- Administrators
- David Ronald Taylor, Terence Guy Jackson
- Administrators' firm
- RSM
- Formerly
- Provincial Logistics Limited
- Incorporated
- 2009-03-26
- Location
- Guildford
- Industry
- 49410 Freight transport by road
Why it went into administration
- HMRC / tax arrears
- Parent or group failure
From the administrators' statement
Relevant extracts from the Company's audited financial statements and management accounts are summarised below.
Management Unaudited Unaudited Unaudited Accounts Financial Stmts. Financial Stmts. Financial Stmts. 8 mths Year Ended Year Ended Year Ended Oct-16 31 March 2016 31 March 2015 31 March 2014 Profit and Loss account extracts: Turnover 252,877 2,412,083 1,950,353 1,593,750 Gross profit (153,134) 487,589 73,151 336,283 Operating profit / (loss) - (457,725) {333,022) 60,109 Other operating income - 701,848 - - Net profit/(loss) (220,154) 236,749 (333,022) 48,087 Balance Sheet extracts: Total assets less current liabilities 586,316 * 77,821 (206,365} 126,657 Net assets / (liabilities) (26,591) 77,821 (206,365) 126,657 Called up share capital 200 200 100 100 Profit and loss account (26,791) 30,284 (206,465) 126,557 Share premium - 47,337 - - Shareholders’ funds (26,591) 77,821 (206,365) 126,657
*This net figure includes an intercompany debtor of £731,183 which we currrently believe to be unrecoverable.
Administrators' statement of proposals (2017-04-07) · Companies House register