# Vital Services Group Limited (02761631)

> Why UK company 02761631 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02761631

- **Status:** Administration ended
- **Administration began:** 2013-11-04
- **Administrators:** Daniel Francis Butters, Daniel James Mark Smith, William Kenneth Dawson
- **Administrators' firm:** Deloitte
- **Formerly:** Actionstrength Limited
- **Incorporated:** 1992-11-03
- **Location:** Manchester
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
- Parent or group failure
- Competition / price pressure

## From the administrators' statement

The Company is an intermediate hoiding company tn a wider group with eight wholly owned UK registered trading subsidiaries and eight dormant subsidiary entities A ninth UK registered trading subsidiary entity is majyonty owned (70%) by the Company with the remaining 30% of shares being owned by three individuals The ultimate beneficial owner and Chief Executive Officer of the group is John Smith

The Companies are providers of labour, predominantly focused in the rail, mechanical and engineering sectors The largest businesses in the group are Rail and Resources which together accounted for over 80% of the group by turnover

The Companies employed c 153 staff operatmg trom 16 siles across tha UK All employees of the Companies transferred to Morson on completion of the transaction A further 55 staff remain employed by the companies noted above not subject to this Transaction The employment position of c 300 apprentices Is currently being clarified

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02761631/filing-history/MzA5MTI4MTQ1NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02761631

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