Rising from the ashes of administration
13 September 2012
As the recruitment sector looks healthier, Christopher Goodfellow reports that of those firms in administration, many are continuing to trade
Recruiter’s analysis reveals that at least 57% of the 61 recruitment agencies that went into administration during 2010 continued to trade in one form or another, usually with one or more of the same directors still in place.
In many such cases existing directors incorporate a new company to buy back the assets, including good will, phone numbers and...