# Essential Recruitment (NW) Limited (05719859)

> Why UK company 05719859 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05719859

- **Status:** Administration ended
- **Administration began:** 2016-09-29
- **Administrators:** Craig Johns, Jason Mark Elliott
- **Administrators' firm:** Cowgill Holloway Business Recovery
- **Formerly:** Essential NOW! Recruitment and Personnel Limited
- **Incorporated:** 2006-02-23
- **Location:** Bolton
- **Industry:** 78200 Temporary employment agency activities

## Why it went into administration

- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Competition / price pressure
- Sustained trading losses
- Parent or group failure

## From the administrators' statement

By way of background, the Director incorporated the Company on 23 February 2006 and commenced to trade immediately The Company was incorporated to offer temporary or self-employed drivers to transport companies and departments in a highly competitive area, as well as providing labour for warehousing

The Company ts owned by Christina Hughes who holds 100% of the Company’s shareholding The Company employed nine employees and one Director and the Company traded from 267 County Road, Walton, Liverpool, Merseyside, L4 SPQ

The Company traded for a number of years successfully, however, in 2015 it suffered a downturn in reoccurring trade, which caused a reduction tn turnover and therefore reducing the Company's working capital which, in turn, impacted negatively on cash flow and the Company's working capital At this time, the Company fell inte arrears with

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05719859/filing-history/MzE1OTkwMTE5NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05719859

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