The boss whose twice-bust business appears to be back despite £3m debts

Andrew Woosnam took millions from his recruitment firms before creditors, including HMRC, were left out of pocket

• Companies revived in ‘phoenix’ deals more likely to fail, study finds
  

For three decades, the recruitment industry treated Andrew Woosnam well.

Having learned his trade during the 1990s, he graduated to create his own firm at the turn of the millennium – which allowed him to bank millions of pounds in salary, dividends and loans and to buy assets including a grand house in Berkshire once owned by the comedians Dawn French and Lenny Henry.