Glacies Limited (08773286): administration
- Status
- Administration ended
- Administration began
- 2019-10-18
- Administrators
- Gareth Harris, Damian Webb
- Administrators' firm
- RSM
- Incorporated
- 2013-11-13
- Location
- Leeds
- Industry
- 56290 Other food services
Why it went into administration
- Sustained trading losses
From the administrators' statement
Relevant extracts from the Company's audited financial statements and management accounts are summarised below.
Glacies Limited Year ended Year ended Year ended 28/02/19" 28/02/18 28/02/17 Turnover 609,079 507,072 445,124 Cost of sales (428,291) (241,190) (208,379) Gross profit 180,788 265,882 236,745 Adminstrative expenses (693,431) (516,780) (276,592) Profit/(loss) before taxation (512,643) (250,898) (39,847) Tax on profit/(loss) - (7,160) - Profit/(loss) for the financial year (512,643) (258,058) (39,847)
• Figures from the Company's Management Accounts
Administrators' statement of proposals (2019-12-10) · Companies House register