IT firm Agilitas enters administration

Channel services provider Agilitas IT Solutions has entered administration, resulting in East Midlands-based IT firm Cameo acquiring its maintenance contract base.

This corporate action follows a period of acute financial difficulty for Agilitas, whose revenue plummeted by 26.4 per cent in FY25, shrinking from £17.7 million to £13.04 million. The firm attributed the fall to "significant challenges," including the loss of a major customer.

The administration was formalised on 23 October 2025, with Michael Magnay and Rob Croxen of Alvarez & Marsal Europe LLP appointed as joint administrators. The company had previously filed a notice of intent to appoint administrators to stave off creditor action.

In the wake of the news, Agilitas saw immediate executive changes, including the departure of Chief Operating Officer Michelle Would, who announced on LinkedIn that she was leaving the business to pursue a new challenge. The administrators are now managing the firm’s affairs and inviting interest in its remaining stock and assets.