FCS Resourcing Limited (07237526): administration
- Status
- Administration ended
- Administration began
- 2014-01-29
- Administrators
- Robert David Adamson, Simon David Chandler
- Administrators' firm
- Mazars
- Incorporated
- 2010-04-28
- Location
- Leeds
- Industry
- 78200 Temporary employment agency activities
Why it went into administration
- HMRC / tax arrears
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 28 April 2010, establishing themselves as recruitment consultants with offices in Nottmgham, Cheshire and Aberdeen The Company provided temporary and permanent personnel to limited companies, and the public sector, across a variety of business sectors
The Company was funded by an invoice finance facility with Hitacht
In 2013, the general economic conditions resulted in a decline 1n demand for personnel from the Heavy Goods and Industnal Engineering sectors, which accounted for a substantial proportion of the customer base This resulted m the Company having to make cost reductions to remain financially viable
Administrators' statement of proposals (2014-04-01) · Companies House register