York construction firm Profix Trades liquidates with £194,000 deficit
Summarised from 2 outlets · Updated 8 Nov, 06:06 · Archive
York construction company Profix Trades Ltd entered liquidation on 14 October owing nearly £206,000.
York construction company Profix Trades Ltd entered creditors voluntary liquidation on 14 October with a deficit of £194,416.57. The company, based on Kettlestring Lane, was incorporated in 2024 and had one director, Thomas Hartley, according to Companies House records.
Profix Trades had estimated realisable assets of only £3,600. HMRC was owed £66,158.42 in VAT and £40,000 in construction industry levy, and a further £8,000 in corporation tax. Unsecured creditors were owed £91,658.15 in total, comprising £63,779.88 to non-preferential unsecured creditors, an unspecified amount to employees, and £3,600 owed to directors. A landlord was owed £1,278.30 and financial lenders £14,999.97.
London-based Exigen Group was appointed as liquidator. The company's statement of financial affairs forms part of the liquidation record.
How it is being reported
- York construction company liquidates with nearly £200,000 of debtsYork construction firm Profix Trades Ltd entered liquidation on October 14 with a £194,416 deficit, owing HMRC and unsecured creditors nearly £206,000.Gazette & Herald (Malton) · 8 Nov, 05:00
- York construction company liquidates with nearly £200,000 of debtsYork construction firm Profix Trades Ltd entered liquidation on October 14 with a £194,416 deficit, owing HMRC and unsecured creditors nearly £206,000.York Press · 8 Nov, 05:00
In this story: Profix Trades Ltd · Thomas Hartley · York · Exigen Group · HMRC
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