Armstrong Craven Limited - Administration

Armstrong Craven Limited, an Altrincham-based recruitment services firm that works with customers including FTSE and Global Fortune 500 companies in more than 120 countries worldwide, entered administration on 24 March, citing the uncertain economic environment, a reduction in revenues and increased losses.

Immediately on their appointment, joint administrators Anthony Collier and Martyn Rickels of FRP completed a pre-pack sale to Colvill Banks Limited, which is part of the Mumbai-headquartered WhiteCrow Research Group, saving 67 jobs.