# Talent84 Ltd (12541400)

> Why UK company 12541400 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12541400

- **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- Credit insurance / supplier credit withdrawn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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12541400/filing-history/MzQ3MDUyMDM1NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12541400

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