CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow SFP appointed administrators of Anystaff Recruitment Limited
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


SFP appointed administrators of Anystaff Recruitment Limited PDF Print E-mail
Wednesday, 11 March 2015

The nationwide insolvency practitioners SFP, has been appointed Administrators to Anystaff Recruitment Limited after the firm amassed a significant number of debts. The company has subsequently ceased trading, despite an intensive search for a possible buyer.

Established in 1984, Anystaff Recruitment Limited began trading in general recruitment and moved to the food industry during the early 90s. It supplied in excess of 150 temporary workers each week to a small number of major customers. The loss of one of these customers, however, severely impacted turnover and HMRC arrears began to accrue.
A Company Voluntary Arrangement (CVA) was agreed but breeched, and payment plan with the HMRC was rejected. The CVA supervisor petitioned for the winding up of the company, and SFP’s Simon Plant and Daniel Plant – both licensed members of the Insolvency Practitioners’ Association – were appointed as Joint Administrators on February 20th, 2015.
SFP, together with the valuation agents, actively marketed the business for sale and spoke to three interested parties. Having contacted the Gangmasters Authority, the Administrators continued to trade the business to maximise returns for creditors. The company ceased to trade on February 27th after confirmation from its largest customer, which represented 80% of Anystaff’s turnover, that it had moved its business elsewhere.
Simon Plant, Joint Administrator, said that SFP did all that it could to save the business: “The over-reliance on one major customer representing such a huge percentage of its turnover meant that Anystaff could not survive without its ongoing support,” he said.
“Although we continued to trade the business, pay the staff, and seek a going concern sale, there were simply no assets of any value to sell once the close down scenario became the only viable option. It is disappointing that a buyer could not be found, but by winding the business down in an orderly fashion we have managed to maximise the position for creditors.”

(Source - SFP Press Release)

3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197