UK recruitment company crashes into administration – 23 years in the business | UK | News
The management of a recruitment firm that has been operating in the sector in the UK for nearly 30 years has been terminated. Newspaper. TBC Recruitment Limited is based in Chester and specializes in blue collar recruitment in warehousing, food production, logistics, distribution and primary manufacturing. The company’s customer base includes 31 staff and more than 650 temporary workers. Hiring Industry Analysts. The company appointed administrators on March 19. Megan Singleton and Mark Colman, both from insolvency firm Leonard Curtis, have been appointed joint administrators and will now oversee the process.
This comes after Meraki Capital, a London-based recruitment investment firm, announced it had acquired TBC Recruitment for an undisclosed fee, marking its fifth acquisition of the year.
Companies House records show TBC Recruitment’s accounts are overdue in March 2026. Although the filing began in 2002, its latest financial filings only cover the period through December 2023. website continues to encourage employment. However, most of the company’s accounts on social media are no longer active. The last post on Facebook was made in March 2025. Instagram, TikTok and LinkedIn accounts are no longer accessible.
Nick Gordon, founder of Meraki Capital, said: “Like many recruitment firms at the moment, the company is struggling to keep up with wage inflation, rising National Insurance costs and the general rise in employment costs.
“We see TBC as a strong business with a fundamentally loyal customer base and a highly experienced team. Bringing TBC under the Magnus brand allows us to provide the resources, technology and commercial support required to help the business become profitable again and realize its full potential.”
The job is far from the first in the industry to change its trajectory this year. In February, a UK staffing company went into liquidation after owing nearly £750,000 to HMRC. Hartley White Limited, a Norfolk-based firm that provides agency staff, has appointed liquidators following a winding-up petition by HM Revenue and Customs (HMRC) over unpaid tax debts.
Around the same time, a health care recruitment agency that provided temporary staff to care providers also collapsed into administration. Standby Healthcare (North) Ltd, based in Newcastle upon Tyne, went into administration on February 20 after insolvency practitioners were appointed to take control of the business.
