# PI Innovo Limited (07596582)

> Why UK company 07596582 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07596582

- **Status:** Administration ended
- **Administration began:** 2015-07-08
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Formerly:** Friars 2033 Limited
- **Incorporated:** 2011-04-07
- **Location:** Bury St. Edmunds
- **Industry:** 71129 Other engineering activities

## Why it went into administration

- HMRC / tax arrears

## From the administrators' statement

The company’s financial results are set out below. Please note that the accounts have not been prepared for the financial year end December 2014 or 5 months ended 31 May 2015 and the mformation has therefore been provided from the management accounts for these periods

Financial May 2015 Dec 14 Dec 13 Year/ Period Ended £7000 £7000 £7000 Management Accs Management Accs (5 Months) (12 Months) Turnover 877 2,317 2,639 Gross Profit 434 843 999 Operating profit/(loss) (154) (519) (141) Profit/(Loss) before tax (154) (519) (142) Intercompany Loans w/off - 374 - (154) (145) (142) Directors’ Remuneration 86 86 194 Shareholders’ Funds (595) (443) (298) Dividends Paid 0 0 0 Reserves Carned Forward (595) (443) (298)

The habilitres include a debt due to both Pi Innovo Holdings Limited and Pi Innovo LLC of £125,000 and £249,000 respectively at December 2014

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07596582/filing-history/MzEyODkzMTg2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07596582

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