TEC Partners (South East) Limited (03970090): administration and why it failed

TEC Partners (South East) Limited (03970090): administration

Status: In administration
Administration began: 2026-05-01
Administrators: James Miller, Lee Van Lockwood
Administrators' firm: RSM
Formerly: Abrs Limited
Incorporated: 2000-04-11
Location: Leeds
Industry: 78200 Temporary employment agency activities

Why it went into administration

HMRC / tax arrears
Sustained trading losses
Cash flow / liquidity pressure
Management failings / irregularities
Parent or group failure

From the administrators' statement

Relevant extracts from the Company's financial statements and management accounts are summarised below. FY26 figures are taken from the Company’s February 2026 management accounts.

£000 Period ending FY23 FY24 FY25 FY26* Revenue 2,484 961 971 60 EBITDA (434) (121) (60) (10) Net Assets 581 460 324 324

Administrators' statement of proposals (2026-05-15) · Companies House register

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