# GCL Hire Limited (13955374)

> Why UK company 13955374 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/13955374

- **Status:** Administration ended
- **Administration began:** 2024-09-06
- **Administrators:** Gareth Harris, Lee Van Lockwood
- **Administrators' firm:** RSM
- **Formerly:** GCL Plant Hire Ltd
- **Incorporated:** 2022-03-04
- **Location:** Leeds
- **Industry:** 43999 Other specialised construction activities n.e.c.

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

Relevant extracts from the Company's filed financial statements and management accounts are summarised below. Due to the age of the Company, only one set of accounts have been filed since incorporation.

Period ending 31/08/2023 Revenue 975,445 Gross profit 455.357 Operating Profit 2,979 Net profit / loss (1,181)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/13955374/filing-history/MzQzODU3NTg3M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/13955374

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