# Depot 148 Limited (06859524)

> Why UK company 06859524 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06859524

- **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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06859524/filing-history/MzE3MzA5MjQ0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06859524

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