Five temporary workforce businesses wound up

Mon, 20 Nov 2017

A total of five temporary workforce services companies based in Birmingham have been wound up.

KSA Associates (UK) (KSA), Ezybackoffice (EZY), Temp Payroll Services (TPS), A & T Active Recruitment (UK) (A&T) and B Diminish (BDL) were wound-up by the High Court following an investigation by the Insolvency Service.

A&T are accused of acting as recruitment agents for temporary workers under a contrived structure designed to take advantage of tax benefits. Contractors were given the option to be directly employed by them or to provide services through their own PSC.

A court has found that there was a severe lack of transparency in the scheme that was being operated by the companies.

This included the temporary workers, for many of whom English was not their first language, being appointed as directors and/or employees of the PSCs having no meaningful knowledge of the companies and their directorships. Some of the workers were completely unaware that they'd be appointed as directors.

Chief investigator at the Insolvency Service, Alex Deane, said: "This was a complex enquiry into a sophisticated scheme involving systematic abuse of the corporate regime and where the named directors of the PSC companies often had no idea of the scheme they were involved in.

"Those operating such schemes should be aware that the Insolvency Service will intervene when appropriate to stop them."


Subscribe today to read and search all our news, premium articles, business sale listings and buy/sell resources.


Latest Businesses for Sale


Printers/ Stationers - Andover, Hants

Asking Price: 
Turnover:  £640,000
Location: 

Digital printing specialists, commercial and retail stationers, lithographic printing and various ancilliary services. Freehold retail shop and long leased factory unit. Sale price includes all equipment and properties. NP £80k...


Hotel Accommodation - Folkestone

Asking Price: 
Turnover:  £500,000
Location: South East

Three Victorian houses joined together to form a luxury 8,500 sq. ft. facility. Includes reception, two lounges, four dining rooms, 16 en-suite bedrooms, music room, two kitchens, conservatory, bar, sauna, hot tub and more...


Suppliers of Souvenirs - Derbyshire

Asking Price: 
Turnover:  £1,200,000
Location: East Midlands

With over £60k worth of trading, the company has a very reputable name within the tourist and leisure market. Excellent potential...


View More Businesses for Sale >>