# Wesl 02653264 Limited (02653264)

> Why UK company 02653264 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02653264

- **Status:** In administration
- **Administration began:** 2026-02-18
- **Administrators:** Gareth Buckley, Steven Elliott
- **Formerly:** Wise Employment (Swindon) Limited
- **Incorporated:** 1991-10-10
- **Location:** Swindon
- **Industry:** 78200 Temporary employment agency activities

## Why it went into administration

- COVID-19
- Rising costs / inflation
- Weak consumer demand
- Sustained trading losses

## From the administrators' statement

The Company’s failure is as a result in of the fall in demand for Temporary Workers due to the increases in National Insurance and National Minimum Wage and the significant reduction in Permanent Placement Fees driven by economic uncertainty.

Statutory information on the Company and extracts from the most recent accounts are provided at Appendix Il. Please note that this information has not been verified by the Joint Administrators or by The Insolvency Company.

3 _ Events leading to the Administration

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02653264/filing-history/MzUwNzE1NDM5OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02653264

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