Mon, 26 Sep 2011 | ADMINISTRATION
Call centre business Res-Q Contact Services Limited has been saved in a pre-pack administration by its directors.
The Hull-based firm, which peaked at a yearly turnover of £5 million, was hit by debts to HM Revenue and Customs.
Nicholas Marshall and Gillian Marchbank were the directors of Res-Q before setting up new company RSE Contract Services Ltd and buying Res-Q’s assets out of administration. The deal has saved Res-Q’s entire workforce of 400 people.
Res-Q Contact Services was set up in 2005 as a 12-seat call centre with a £5,000 grant from Hull City Council’s Acorn Fund. It manages inbound and outbound calls for large clients including energy and utility companies.
Within three years of being established Res-Q’s workforce had grown to 150 people. In 2009, the firm announced its expansion plans that created an additional 200 jobs and using £465,000 of investment from development agency firm Yorkshire Forward.
Director Mr Marshall said: “The business continues to be extremely successful and profitable. We have paid almost £3 million of taxes since the start of the year and feel aggrieved that the Revenue took such a hard stance.
“However, the business has never been better and since the pre-pack administration, the company has employed an additional 45 people.”
Harrisons acted as the administrator for Res-Q Contact Services Limited.
Discover a promising investment opportunity with a reputable APAR registered training and apprenticeship provider located in Lancashire.
This multi-sector apprenticeship provider specialises in engineering and holds a 'Good' rating from Ofsted, with access to diverse and expanding funding streams.
Here is a unique opportunity to acquire a London-based Grade 2 apprenticeship provider with access to multiple public contracts.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.