# Anglo Technical Recruitment Limited (01799486)

> Why UK company 01799486 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01799486

- **Status:** In administration
- **Administration began:** 2025-01-27
- **Administrators:** Duncan Robert Beat, Richard Wragg
- **Administrators' firm:** Quantuma
- **Incorporated:** 1984-03-13
- **Location:** Southampton
- **Industry:** 78109 Other activities of employment placement agencies

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency

## From the administrators' statement

3.1 The Company book debts were subject to an invoice discount facility with Metro. The directors advised that although c.£800,000 of the debtor ledger was deemed recoverable, there was also bad debt on the facility of c.£1m which would impact on funding and cashflow.

3.2 During the trading difficulties detailed above, the Company had accumulated significant liabilities with the HM Revenue & Customs (“HMRC”), and the Company was cashflow insolvent as it was unable to pay its debts as and when they fell due.

3.3 At this juncture, the Company employed 9 members of staff.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01799486/filing-history/MzQ1OTQ3ODk3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01799486

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