CY Thirsk Ltd (12450527): administration
- Status
- Administration ended
- Administration began
- 2023-05-12
- Administrators
- Robert Alexander Henry Maxwell, Ian James Royle
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2020-02-07
- Location
- Leeds
- Industry
- 69201 Accounting and auditing activities
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in 2020 when it purchased an accountancy firm based in Thirsk called Cummins Young. Cummins Young was established in 1992, offering varying services including bookkeeping services, accounts preparation, payroll services, VAT returns, CIS returns, tax returns and business advisory and support services to a wide range of businesses and individuals.
The Company had been operated by an experienced team including nine staff and three consultants, which enabled the Company to provide advice on business development and improvement, in addition to traditional accounting services.
The Company’s primary client base stems from the local community in Thirsk, and ranges across many sectors including agriculture, manufacturers, and retailers.
Administrators' statement of proposals (2023-07-12) · Companies House register