What Led Premier Group Recruitment to Enter Administration with £2.9m Debt?
When a business as well-established as Premier Group Recruitment enters administration, it raises plenty of eyebrows. Known for supplying tech, engineering and creative staff across the UK and US, the company had grown over several years and operated in highly active sectors. So, how does a business like that end up in financial trouble with almost three million pounds of debt? In this blog, we will break down what led to the fall of Premier Group Recruitment, what the administration process means, and how other directors can learn from the situation. The aim here is not just to discuss what went wrong, but to offer guidance to any business owner who might be seeing early warning signs in their own company. A Quick Overview of Premier Group Recruitment Premier Group Recruitment specialised in providing skilled professionals across IT, engineering and creative industries. With offices in Reading, London, Manchester, Birmingham, and even New York, the business had a strong geographical r...