Tolent PLC (03819314): administration
- Status
- Administration ended
- Administration began
- 2023-02-13
- Administrators
- James Ronald Lumb, Howard Smith
- Administrators' firm
- Interpath Advisory
- Incorporated
- 1999-07-30
- Location
- Newcastle upon Tyne
- Industry
- 70100 Activities of head offices
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Weather / natural events
From the administrators' statement
The Company was incorporated on 30 July 1999 and operated as a holding company, providing management services to the Group.
The Company did not employ any staff and holds no tangible assets. Our strategy focuses on identifying any assets that may become available for the benefit of the Company’s creditors.
3.2 ‘Funding and financial position of the Company
Administrators' statement of proposals (2023-04-13) · Companies House register