Vida REC Ltd (07681374): administration
- Status
- Administration ended
- Administration began
- 2018-06-08
- Administrators
- Megan Singleton, Mark John Colman
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2011-06-24
- Location
- Preston
- Industry
- 78109 Other activities of employment placement agencies
Why it went into administration
- HMRC / tax arrears
- Competition / price pressure
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 24 June 2011. The current directors are Michael Dickie and Andrew Visvanathan (“AV”). The principal shareholders are AV (50%), MD (35%) and Scott Roberts (15%).
The Company's registered office and trading address is Office 6 Lancaster House, Amy Johnson Way, Blackpool, Lancashire, FY4 2RP. The Company trades as Vida Education.
The Company's main activity was as an employment placement agency for the teaching and nursery sector. The Company also offered a range of Certified Professional Development (“CPD”), e-learning and distance learning courses. The Company operated in the North West of England with a number of contracts through local councils and direct contracts with education institutions. The Company had five employees, including the two directors.
Administrators' statement of proposals (2018-06-29) · Companies House register