Recruiter places ‘phoenix’ firm into liquidation just months after repurchase erased millions in debt

August 30, 2026 · 2:38 pm 1 sources

Image: The Guardian

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• Recruiter places ‘phoenix’ firm into liquidation just months after repurchase erased millions in debt
  The Guardian · August 30, 2026 14:38
  New company reportedly quickly fell behind with promised repayments to administrator A recruitment executive who was allowed to buy back the assets of his bust company in instalments, despite it accumulating almost £3m of debt, has placed his new business into liquidation after falling behind with…