# The Synergy Group Limited (03400993)

> Why UK company 03400993 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03400993

- **Status:** Administration ended
- **Administration began:** 2011-05-20
- **Administrators' firm:** Evelyn Partners
- **Incorporated:** 1997-07-09
- **Location:** London
- **Industry:** 7450

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Competition / price pressure
- Over-expansion / investment not recovered

## From the administrators' statement

The Company ts a spectalist recrustment and training service provider of contract and permanent staff, pany P g PB Pp redominately to organisations within the public sector P y Ss P

Tt traded from leasehold premises in London and Leeds and has ten sales divisions which service different sectors of the market The core business 1s in the social care and housing benefit sectors

Founded in 1997, the Company grew tapidly and by 2008 turnover had reached £35m

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03400993/filing-history/MzA0MDY2NDY4NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03400993

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