IF Trade Co Limited (08030122): administration
- Status
- Administration ended
- Administration began
- 2022-12-05
- Administrators
- Andrew Poxon, Mike Dillon
- Administrators' firm
- Leonard Curtis
- Formerly
- PMP Recruitment Limited; Cordant Recruitment Limited; Core Staff Services Limited
- Incorporated
- 2012-04-13
- Location
- Manchester
- Industry
- 78200 Temporary employment agency activities
Why it went into administration
- HMRC / tax arrears
- Rising interest rates
- Weak consumer demand
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
3.1 The Company was incorporated on 13 April 2012 as Core Staff Services Limited and commenced to trade in March 2020 following the purchase of the business and assets of PRL Realisations 1 Limited — in Administration (CRN:03485614) (“PRL”) and PDR Realisation Limited - in Administration (“PDR”). The Company’s principal activity was that of temporary employment agency activities, particularly in the retail sector.
3.2 The Company's registered office was 1 Smithy Court, Smithy Brook Road, Wigan WN3 6PS, and latterly traded from the following leasehold premises:
Apex Office Space, 1 Watervole Way, Balby, Doncaster DN4 5JP Spaces, Peter House, Oxford Street, Manchester M1 5AN
Administrators' statement of proposals (2023-02-03) · Companies House register