# Ashtons Resourcing Limited (08539457)

> Why UK company 08539457 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08539457

- **Status:** Administration ended
- **Administration began:** 2015-07-13
- **Administrators:** David Michael Clements, Paul Robert Boyle
- **Administrators' firm:** Harrisons Business Recovery and Insolvency
- **Formerly:** Rightstaff Recruitment Solutions Ltd
- **Incorporated:** 2013-05-22
- **Location:** Reading
- **Industry:** 78109 Other activities of employment placement agencies

## Why it went into administration

- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency

## From the administrators' statement

The Company was incorporated on 22 May 2013 and carrted on trade as an employment placing agency

The Company made a loss in the first period of trading of £8,177. Whilst it was winning contracts, and had managed to garner new business in the first few years of trading, the insolvency of a major customer in December 2014 had a significant impact on the Company's cash flow. The customer, Techelec (Brighton) Limited (“Techelec”) owed the Company, £469,915 06.

The Company had granted a fixed and floating charge to Outsauce Financing Limited (‘Outsauce”) in July 2013 over the Company’s assets tncluding the book debts

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08539457/filing-history/MzEzMDY0NTI3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08539457

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.