A Newcastle tech firm has taken on 20 staff from liquidated software outfit Boxmodel Digital Media Limited.
Helix-based Solution Performance Group (SPG) has boosted its own team to 70 by taking on the employees from nearby firm. It says the move has bolstered its own growth efforts in the private and public sectors.
Boxmodel, which was founded in 2009, had counted major names such as Airbus Defence and Space, Renault and Rentokil among its customers. Earlier this month BusinessLive revealed the firm was being voluntarily liquidated owing more than £700,000, according to documents filed at Companies House.
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Staff have now joined SPG colleagues at the group's offices within The Core on the Helix site. Alan Easton, former managing director of Boxmodel, said: "I am delighted to be joining the SPG team. They have a great customer base and ambitious plans to grow the business in the coming years, and I’m confident our former highly experienced team will prove a great asset and support future growth."
SPG provides technology consultancy and talent recruitment services. The group consists of SPG Transformation, SPG Resourcing and SPG Software and provides solutions, services and people to many businesses, from insurance and financial services to health, housing and large FTSE 100s.
Gareth Humphreys, group CEO at SPG, said: "We’re really happy to be welcoming the former staff of Boxmodel to the group. They bring great talent and expertise to our growing team as we expand the range of services and products we deliver across the UK."
Since its launch around 14 years ago, Boxmodel had expanded a number of times in the city. It had provided end-to-end software engineering services delivered by a team with expertise in areas such as physics and mathematics, which was honed to support technology development, offering services from software and web apps to smart phone apps, internet of things solutions and virtual reality training.
Documents prepared by DKF Insolvency Limited show money owed to HMRC’s debt management department, which is claiming £226,467, and a London finance firm, which is owed £180,000.
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