# Tynemouth PUB Co Limited (07433066)

> Why UK company 07433066 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07433066

- **Status:** Administration ended
- **Administration began:** 2015-02-26
- **Administrators:** Allan David Kelly, Steven Phillip Ross
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Incorporated:** 2010-11-08
- **Location:** Newcastle upon Tyne
- **Industry:** 56302 Public houses and bars

## Why it went into administration

- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

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

Audited Audited Financial Financial Statements Statements Year ended Year ended 30 30 November November 2013 2012 Turnover 415,763 469,247 Cost of sales (172,286) (153,562) Gross Profit / (Loss) 243,477 315,685 Gross Profit % 58 56% 67 27% Overheads (376,221) (263,843) Other income, interest payable and similar (463) 2,691 charges Net Profit / (Loss) before tax 133,207 54,533 Tax on profit on ordinary activities Profit / (Loss) for the financial year after (121,964) 43,290 tax No management accounts are available

ESTIMATED STATEMENT OF FINANCIAL POSITION

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07433066/filing-history/MzEyNDg3OTg0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07433066

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