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Tenet Group Limited (03909395): administration

Status
In administration
Administration began
2024-06-05
Administrators
Howard Smith, Robert Thomas Spence, Joshua James Dwyer
Administrators' firm
Interpath Advisory
Formerly
Tenet Limited; Pinco 1342 Limited
Incorporated
2000-01-19
Location
London
Industry
64205 Activities of financial services holding companies

Why it went into administration

From the administrators' statement

TGL was incorporated on 19 January 2000 and traded from leasehold premises in Horsforth, West Yorkshire.

As noted in Section 2, TGL is the ultimate parent of the Group and acted as a service company. It contracted for the vast majority of the services required by the different entities in the Group to carry on their trade (including entering into leases with landlords and contracts with software providers).

TGL also employed all the staff who worked in the different subsidiary businesses. As at the date of appointment, TGL employed 128 staff and 19 subcontractors (a total of 147 individuals).

Administrators' statement of proposals (2024-07-22) · Companies House register

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Tenet Group Limited (03909395)

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