TSS 2013 Realisations Limited (05862912): administration
- Status
- Administration ended
- Administration began
- 2013-07-26
- Administrators' firm
- Leonard Curtis
- Formerly
- Team Support Staff Limited; Lifeskills Medi Limited
- Incorporated
- 2006-06-30
- Location
- Manchester
- Industry
- 78200 Temporary employment agency activities
Why it went into administration
- Rising costs / inflation
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
31 The Company was incorporated on 30 June 2006, although remained dormant for several years before commencing trading in September 2010 following the acquisition of the trade and assets from the Admnnistrators of Team Support Services Limited All employees of that company were transferred to this Company pursuant to the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE’}
32 The Company's principal actiwity was the provision of both temporary and permanent recruitment solutions to the industrial, driving, healthcare and clencal sectors The Company operated from 7 offices throughout the UK, including the head office in Acton, London
33 The Directors have advised that they consider that any substantial growth in the business was obstructed by the following factors,
Administrators' statement of proposals (2013-09-20) · Companies House register