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Subsidiary ceasing to trade

13th Nov 2018 12:10

RNS Number : 2151H
Smart(J.)&Co(Contractors) PLC
13 November 2018
 

J. SMART & CO. (CONTRACTORS) PLC

28 CRAMOND ROAD SOUTH

EDINBURGH

EH4 6AB

 

Company Number: SC025130

 

 

 

The Directors announce that a decision has been taken following a Board Meeting on 9 November 2018 that the Company's subsidiary company Concrete Products (Kirkcaldy) Limited will cease to trade.

 

The Directors took this decision due to the substantial losses made by Concrete Products (Kirkcaldy) Limited in the current year to 31 July 2018 and in previous years. In the year to 31 July 2018 the company's revenue amounted to £2,100,000 and it suffered a loss before tax of £466,000.

 

 

 

Patricia Sweeney

Company Secretary

13 November 2018

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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