# Require Recruitment Limited (05962144)

> Why UK company 05962144 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05962144

- **Status:** Administration ended
- **Administration began:** 2011-04-08
- **Administrators:** Simon Campbell, Julie Anne Palmer
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2006-10-10
- **Location:** Salisbury
- **Industry:** 7450

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

The company commenced trading in 2006 predominantly as a permanent recruitment business and thereafter growing to incorporate the temporary business

Towards the end of 2009 an unexpected office relocation took place due to the then landlord at serviced offices giving one month's notice for the company to vacate This necessitated extra costs spent on

communications systems, office equipment, rents and deposits 2010 was a difficult year due to the economic downtum with customers making cutbacks, redundancies and some closing down Ounng the penod budgets were not adhered to due to the provision of poor management information Errors were also made with returns to HMRC that led to penaittes and a lot of time was spent trying to rectify the position As a result the Company expenenced creditor pressure consisting of demands from HMRC and other suppliers

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05962144/filing-history/MzAzNzI5MTc4MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05962144

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