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Recruiter’s phoenix company placed into liquidation after missed payments
The original Premier Group Recruitment entered administration in September 2025 owing £2.9m, including £647,000 to HMRC.
Premier Group Recruitment, a recruiter that had been placed into administration in September 2025 with debts of £2.9m, including £647,000 owed to HMRC, has now seen its asset-backed “phoenix” successor placed into liquidation, according to the Guardian Business.
The recruitment executive behind the “phoenixism” deal, Andrew Woosnam, had acquired the former company’s assets through PGGBR Ltd, a new business formed shortly after administration. Woosnam made an initial £10,000 payment and promised to transfer an additional £600,000 to the administrator in monthly £25,000 instalments over two years.
Despite early signs of activity, filings showed the new company quickly fell behind on the repayment schedule, prompting administrators to update Companies House in March about its difficulties. On Sunday, Companies House filings indicated PGGBR had appointed a voluntary liquidator.
The article also points to lingering controversy around phoenixism, noting HMRC estimates it costs the UK taxpayer hundreds of millions of pounds a year. It adds that Woosnam received a £1.2m director’s loan from the defunct Premier and took dividends totaling almost £2m since 2022, and it describes redundancies reported to have occurred at the new business in July.