In a statement released on its website this morning, The Insolvency Service revealed that business secretary Greg Clark intends to bring proceedings to get PSD’s executive chairman Francesca Robinson and other Kids Company directors banned from running or controlling a company for between two-and-a-half and six years. Robinson has been in recruitment for more than three-and-a-half decades and led the management buyout of PSD in 2010.

According to Companies House, Robinson has 10 current board appointments. They include roles in the PSD portfolio, Portfolio Recruitment, Hoggett Bowers and the in-liquidation Keeping Kids Company.

The other Kids Company directors named include Sunetra Devi Atkinson, Erica Jane Bolton, Richard Gordon Handover, Vincent Gerald O'Brien, Jane Tyler, Andrew Webster and Alan Yentob.

The proceedings will also allege that the charity’s founder, Camila Batmanghelidjh, acted as a de facto director and should also be disqualified from running or controlling other companies.

According to the BBC, Kids Company relied on government for around one-fifth of its annual £20m funding upon its closure in the summer of 2015, when donors began to withdraw funding amid stories of alleged mismanagement.

That summer, the charity had sought to restructure and attract new funds from government and donors. But it closed, with ministers saying they wanted to recover a £3m grant they had provided to the charity the week before its closure.

Recruiter contacted PSD Group for comment, but had not heard back by deadline. Recruiter also approached Robinson for comment. This story will be updated upon receipt of her reply.