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Thursday, 28 October 2010

Recruitment firms in financial difficulty

Turnover in the UK’s recruitment industry dropped by more than 12% to just under £20bn in the year to March 2010, according to the Recruitment and Employment Confederation (REC) annual industry report.

With hundreds of recruiters in time to pay deals with HMRC, according to Begbies Traynor's Red Flag Alert, KSA Group is seeing a marked increase in enquiries from the recruitment sector. We have successfully turned around over 20 recruitment firms including a £3.5m turnover Scottish based recruitment business.

To enable recruiters to learn quickly all about the many issues and options to restructure their business, KSA has launched a unique 96 page guide to turning around or restructuring your struggling or insolvent recruitment company.

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