# Tolent PLC (03819314)

> Why UK company 03819314 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03819314

- **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- Credit insurance / supplier credit withdrawn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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03819314/filing-history/MzM3NTA0ODQ5MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03819314

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