# On-Site Recruitment Solutions Ltd (04920850)

> Why UK company 04920850 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04920850

- **Status:** Administration ended
- **Administration began:** 2020-01-03
- **Administrators' firm:** Quantuma
- **Formerly:** On Site Recruitment Solutions Limited
- **Incorporated:** 2003-10-03
- **Location:** Southampton
- **Industry:** 78200 Temporary employment agency activities

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Bad debts / customer insolvency

## From the administrators' statement

The Company had extinguished all rights of appeal against a VAT liability imposed following an inspection. This together with a bad debt had caused cash flow issues for the Company and the director was unsure that it would be able to meet the incurred liabilities with HMRC.

This resulted in Quantuma LLP being formally instructed on 7 October 2019 to carry out the following:

Report to Lloyds Bank Commercial Finance; Liaise with HM Revenue & Customs;

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04920850/filing-history/MzI1NDY2MjgyOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04920850

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