# Northsouth Communication Limited (SC375920)

> Why UK company SC375920 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC375920

- **Status:** Administration ended
- **Administration began:** 2015-01-20
- **Administrators:** Adrian David Allen, Keith Veitch Anderson
- **Administrators' firm:** Baker Tilly Restructuring & Recovery
- **Incorporated:** 2010-03-30
- **Location:** Edinburgh
- **Industry:** 33170 Repair and maintenance of other transport equipment n.e.c.

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

Relevant extracts from the Company’s audited financial statements and management accounts are summarised below.

Draft Draft Filed Filed Filed Accounts Accounts Accounts Accounts Accounts for p/e for y/e for y/e for y/e for y/e 20/01/15 31/03/14 31/03/13 31/03/12 31/03/11 £°000s £7000s £°000s £°000s £°000s L __| Turnover 7,743 7,005 3,343 1,667 662 1 Profit / (Loss) before tax (933) 492 236 136 92 _| | Fixed assets 61 50 i 46 i | Current assets 3,062 3,277 1,514 t $91 183 Current Liabilities (3,480) (2,816) (1,260) | (461) (128) | | Long Term Liabilities (2) (10) - (28) - Net assets (359) 501 263 147 57 F | Tt [_ | Director's Remuneration 8 8 7 44 30 Dividends paid | so [140 | 70 18 Tbe |

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC375920/filing-history/MzExOTExNzQ3M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC375920

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