Administrative & support services insolvencies

Administrative and support services include recruitment agencies, facilities management, cleaning, security, call centres and business support. Many run on low margins and high headcount, often supplying labour to other businesses on tight contract terms.

Payroll is paid weekly or monthly while clients pay on longer terms, so these firms carry a constant working-capital gap. Losing a large contract or a client paying late can quickly leave them unable to meet their own wage bill.