Universal Consultancy Global Limited (13428153): administration
- Status
- In administration
- Administration began
- 2026-08-10
- Administrators
- Engin Faik
- Administrators' firm
- and Recovery
- Incorporated
- 2021-05-28
- Location
- Enfield
- Industry
- 85410 Post-secondary non-tertiary education
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The business was successfully established shortly after its incorporation and the Company made profits in its inaugural year of trade. The profits increased year by year and, by May 2025, the Company had achieved a turnover of £917,355 and profits of £192,907 according to the DWS.
As trading progressed, the Company’s profits continued to accumulate, and its tax liabilities increased accordingly. By mid-2025, the Company’s liabilities to HMRC had accrued considerably and the Director therefore arranged a Time-to-Pay agreement (“TTP”) with HMRC in or around June 2025. Under the terms of the TTP, the Company agreed to make monthly payments of £8,590 until the debt to HMRC was settled.
Payments under the TTP were made by way of a direct debit mandate commencing on 29 September 2025 and were taken every month until 20 December 2025. After this payment, HMRC inexplicably failed to take any further payments under the TTP (by direct debit or otherwise). According to the Director, HMRC did not notify the Company of the termination of the TTP or its reasons for doing so.
Administrators' statement of proposals (2026-10-20) · Companies House register