# Franklyn Recruitment Limited (06164492)

> Why UK company 06164492 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06164492

- **Status:** Administration ended
- **Administration began:** 2014-02-03
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2007-03-15
- **Location:** Birmingham
- **Industry:** 78200 Temporary employment agency activities

## Why it went into administration

- HMRC / tax arrears
- Bad debts / customer insolvency
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract

## From the administrators' statement

The Company was incorporated in 2007 and started trading in April 2010 as a provider of recruitment solutions for the construction and engineenng sectors Itoperated from leasehold premises in WestonSuper-Mare and employed 27 people, including three directors

Shortly after trading commenced, the Company purchased part of the business and assets of an insolvent company from tts administrators This added a small IT team to the Company's portfolio as well as strengthening the existing engineenng team It also purchased a 30% share in Stavanger Contracting & Engineering AS (‘SCE’), a Norwegian company

Following the deal, SCE’s invoices were assigned to the Company and financed through Lloyds TSB Commercial Finance Limited (‘LTSBCF')

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06164492/filing-history/MzA5NjM4Mzg0NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06164492

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