Digital Gurus Recruitment Limited (06533110): administration
- Status
- Administration ended
- Administration began
- 2024-07-22
- Administrators
- Julian Heathcote, Clare Boardman
- Administrators' firm
- Teneo
- Incorporated
- 2008-03-13
- Location
- Birmingham
- Industry
- 78109 Other activities of employment placement agencies
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Competition / price pressure
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Property / lease costs
- Rising interest rates
From the administrators' statement
RIL and its subsidiary undertakings (RHL, DG and RPS), together (“the Companies”) delivered recruitment and talent management services in the UK and internationally. Trading focused on life sciences & pharmaceuticals and business & technology sectors. This included the provision of permanent and non-permanent recruitment solutions.
Customer trading was delivered through RPS and DG, where the former focused on enterprise recruitment solutions and the latter focused on digital & technology talent, respectively. The Companies generated c.95% of their revenue from the UK and c.5% from international customers.
The Companies’ registered office was in Manchester, with further leased offices situated in Birmingham and London.
Administrators' statement of proposals (2024-07-31) · Companies House register