Standby Healthcare (North) Ltd (12015295): administration
- Status
- In administration
- Administration began
- 2026-02-20
- Administrators
- Philip Lawrence, Gareth Howarth
- Administrators' firm
- Path Business Recovery
- Formerly
- Standby Healthcare 2 Limited
- Incorporated
- 2019-05-23
- Location
- Manchester
- Industry
- 78200 Temporary employment agency activities
Why it went into administration
- Weak consumer demand
- Rising costs / inflation
- Cash flow / liquidity pressure
- Property / lease costs
- Regulatory change or action
From the administrators' statement
The Company’s financial position deteriorated significantly from mid-2024 after losing a major local authority contract. Rising staffing costs, reduced demand from care homes, and the decision not to increase charge rates further eroded margins. At the same time, the Directors invested heavily in pursuing CQC registration, which was delayed from an expected eight weeks to around 51 weeks, creating prolonged financiai strain with no return
By mid-2025, the Company was unable to meet its liabilities as they fell due and had become reliant on continued director and family funding, which was no longer sustainable. With cash flow exhausted and no realistic prospect of recovery, the Director approached AMS Business Recovery for advice. Following review, administration was identified as the only viable option, and the appointment was made when the Company could no longer fund payroll and operational costs.
AMS Business Recovery was initially approached by the Company’s directors on 12 September 2025 to help advise on the options available for the Company, as it was deemed to be insolvent. A signed Engagement Letter was received 12 September 2025.
Administrators' statement of proposals (2026-04-27) · Companies House register