Mutt Motorcycles Limited (09883225): administration
- Status
- In administration
- Administration began
- 2025-03-03
- Administrators
- Matthew Robert Haw, David Frederick Shambrook
- Administrators' firm
- RSM
- Incorporated
- 2015-11-23
- Location
- London
- Industry
- 45400 Sale, maintenance and repair of motorcycles and related parts and accessories
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Relevant balance sheet extracts from the Company’s audited financial statements and management accounts are summarised below.
Period ending 28 Feb 2022 (£000) | 28 Feb 2023 (£’000) | 29 Feb 2024 (£000)
Fixed Assets 785 895 831 Current Assets 5,295 4,672 4,086 Current Liabilities (2,011) (1,480) (1,518) Net Current Assets 3,284 3,192 2,568
Administrators' statement of proposals (2025-05-01) · Companies House register