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ETS Workforce Limited (05882453): administration

Status
Administration ended
Administration began
2017-10-26
Administrators
Andrew Poxon, Katy Mcandrew
Administrators' firm
Leonard Curtis
Incorporated
2006-07-20
Location
Manchester
Industry
78300 Human resources provision and management of human resources functions

Why it went into administration

From the administrators' statement

The Company was incorporated on 20 July 2006 as an engineering recruitment agency. Prior to incorporation, the business had traded since 1990 and had operated as ETS Engineering and Project Services.

The principal trading activity of the Company is recruitment services for the engineering sector.

The business was initially capitatised through private funds introduced by its shareholders. MLTL is a connected company by virtue of the common directorship of TJT, LD and RMH and the common shareholding of LD and TJT. Security by way of a debenture incorporating fixed and floating charges over the Company's assets was granted to MLTL on 16 March 2012 and was registered at Companies House on 20 March 2012. MLTL’s security is understood to relate to an inter-company loan, interest and monthly management fees. The level of the Company's indebtedness to MLTL is understood to total £17,409.49.

Administrators' statement of proposals (2017-12-27) · Companies House register

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ETS Workforce Limited (05882453)

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