# Megahertz Broadcast Systems Limited (07206471)

> Why UK company 07206471 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07206471

- **Status:** Administration ended
- **Administration began:** 2013-10-14
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Formerly:** Motivating Solutions Limited
- **Incorporated:** 2010-03-29
- **Location:** Leeds
- **Industry:** 26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

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

Draft Accounts Filed Accounts Filed Accounts for for y/e 31/12/11 from 09/09/10 to yle 31/12/12 31/12/10 Turnover eeoT 9,794,401 2,559,236 Loss for the (1,092,176) (790,867) (3,362) | year/period _ Fixed assets 774,651 937,865 1,074,964 Current assets 8,768,568 4,899,393 1,388,916 Current liabilities (11,429,524) (6,631,387) (2,466,965) Long Term liabilities - : - Net assets (1,886,305) (794,129) (3,262) i + ao Shareholders’ funds _1,886,305) (794,129) (3,262)

3. ESTIMATED STATEMENT OF FINANCIAL POSITION

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07206471/filing-history/MzA4OTY2NTA0NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07206471

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