# Change Group of Companies Limited (05603248)

> Why UK company 05603248 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05603248

- **Status:** Administration ended
- **Administration began:** 2019-05-02
- **Administrators' firm:** Rushtons Insolvency
- **Incorporated:** 2005-10-25
- **Location:** Saltaire
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Bad debts / customer insolvency
- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

Change Group of Companies Limited (“the Company”) was incorporated on 25 October 2005 and specialised in hospitality recruitment. It provided temporary hospitality staff e.g. chefs, waiting staff, hospitality assistants etc to mainly restaurants, contract caterers, events companies and hotels.

In addition it also introduced permanent hospitality staff to some clients. The Company traded well and steadily grew over a number of years. In 2012 the Company began using an invoice factoring agreement with Easypay Services PLC (“easypay”).

In 2016 a decision was made to open a business in Hong Kong, China. The Company had existing UK clients with restaurants in Hong Kong, it therefore seemed a natural area of growth and an obvious extension to the company’s offering. It also served as a gateway to other Asian countries.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05603248/filing-history/MzI0NTcyODAyMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05603248

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