UKS Distribution Limited (07070810): administration
- Status
- Administration ended
- Administration began
- 2025-03-28
- Administrators
- Damian Webb, James Woodhead
- Administrators' firm
- RSM
- Formerly
- Optimal UK Distribution Limited
- Incorporated
- 2009-11-10
- Location
- Birmingham
- Industry
- 45310 Wholesale trade of motor vehicle parts and accessories
Why it went into administration
- Rising costs / inflation
- Sustained trading losses
- Brexit
From the administrators' statement
Relevant extracts from the Company’s financial statements and management accounts are set out below:
Management Year ending Accounts for 31 Dec 2023 31 Dec 2022 9 months to 30 Sept 2024 Turnover 1,367,603 2,073,968 2,517,708 Gross profit 361,175 566,650 622,219 Net profit / (loss) (246,203) (181,922) (14,873) Dividends paid 40,000 Nil 60,000
Administrators' statement of proposals (2025-05-28) · Companies House register