Talent84 Ltd (12541400): administration
- Status
- Administration ended
- Administration began
- 2025-04-11
- Administrators' firm
- Northpoint Associates
- Incorporated
- 2020-03-31
- Location
- Wallsend
- Industry
- 78109 Other activities of employment placement agencies
Why it went into administration
- HMRC / tax arrears
- Bad debts / customer insolvency
- Credit insurance / supplier credit withdrawn
From the administrators' statement
Creditors should note that, unless otherwise stated, this history statement below has been prepared by the Director of the Company and not from my personal knowledge as Administrator
The Company started out of covid in 2020, and aspired to have a sustainable business, we used to operate on a cost base of 220k-250k per week and billings up to 275k.
In recent times our billings were circa £250k against uncontrollable costs of £300K, finance insurance and systems costs rose exponentially.
Administrators' statement of proposals (2025-06-20) · Companies House register