# JB Skills Training Ltd (08966554)

> Why UK company 08966554 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08966554

- **Status:** Administration ended
- **Administration began:** 2018-08-22
- **Administrators' firm:** KRE Corporate Recovery
- **Incorporated:** 2014-03-31
- **Location:** Newcastle upon Tyne
- **Industry:** 78109 Other activities of employment placement agencies

## From the administrators' statement

The Company began trading in 2014 from rented premises in Sunderland as an education and training provider. The business grew quickly, necessitating the need to increase the workforce and by 2017 turnover had peaked at c£3 Million which included several large contracts with other major prime contractors.

A summary of the Company’s recent trading performance is shown below.

Statutory Accts Statutory Accts 01 April 2016 to 31 01 April 2015 to 31 July 2017 March 2016 £°000 £’000 Turnover 2,933 1,798 Cost of Sales (1,262) (941) Gross Profit 1,671 857 Gross Profit % 57.0 47.7 Overheads (1,554) 515 Net Profit/Loss after tax 117 342

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08966554/filing-history/MzIxNzc3NzMwOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08966554

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