C M T (Scotland) Limited (SC187768): administration
- Status
- Administration ended
- Administration began
- 2013-03-08
- Administrators
- John Charles Reid, William Kenneth Dawson
- Administrators' firm
- Deloitte
- Formerly
- Tynedale Limited
- Incorporated
- 1998-07-20
- Location
- Glasgow
- Industry
- 56302 Public houses and bars
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The business was incorporated in July 1998 and operates in the public house and nightclub sector. The Company originally traded Flanagans before expanding the business with the purchase of Madisons in 2002 and later acquiring McArthurs and the Anchorage in 2005/6.
Overview of Financial Information
Extracts from the unaudited Company accounts for the 12 months to 31 October 2010, 12 months to 31 October 2011 and unaudited draft accounts to 31 October 2012 are shown below.
Administrators' statement of proposals (2013-05-02) · Companies House register