Newwave Care Ltd (07678508): administration
- Status
- Administration ended
- Administration began
- 2012-10-03
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2011-06-22
- Location
- Birmingham
- Industry
- 78109 Other activities of employment placement agencies
Why it went into administration
- Rising costs / inflation
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 22 June 2011 and commenced to trade on 24 June 2011, having acquired the business and certain assets of Newwave South Limited, a connected company which had been placed into administration
The Company initially traded alongside two other group companies, each supplying temporary staff to different sectors The Company's pnncipal activity was the recruitment and provision of staff to the care industry The funder of the group of companies was Bibby Financial Services Limited ("Bibby")
The Company traded from leasehold premises in Hammersmith, London, and employed its directors, two full-time managers and around 200 agency staff at various locations, predominantly in care homes
Administrators' statement of proposals (2012-11-27) · Companies House register