The On-Site Group Limited (06912781): administration
- Status
- Administration ended
- Administration began
- 2020-01-08
- Administrators
- Andrew Watling, Carl Stuart Jackson
- Administrators' firm
- Quantuma
- Formerly
- On-Site (Manchester) Limited
- Incorporated
- 2009-05-21
- Location
- Southampton
- Industry
- 70100 Activities of head offices
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
From the administrators' statement
3.1. In early October 2019 Darren Burnett, the director of the company approached Quantuma LLP to provide advice in relation to matters pertaining to four companies within the group; On-site Recruitent Solutions Ltd, On-site (London) Ltd, On-site Support Services Ltd and Impact Contract Services Ltd as these companies were suffering cash flow issues.
Quantuma LLP were first formally instructed on 7 October 2019 to provide advice to the Board of Directors in relation to ongoing cash requirements, critical payments, obtaining a Time To Pay Arrangement from HMRC, and a potential share sale in respect of the four companies.
Unfortunately despite the companies refinancing HMRC would not agree to Time to Pay Arrangements.
Administrators' statement of proposals (2020-03-03) · Companies House register