In the first quarter of 2011 nine recruitment agencies were put into administration, a 31% drop on the previous quarter and 59% less than the same period in the previous year, according to exclusive research by Recruiter magazine.

At least two of the companies which went into administration in the first three months of 2011 had turnovers higher than £1m, the largest being Revive Nationwide, which reported a turnover of £5.3m in its last filings with Companies House.

For a complete list of the recruitment agencies which went into administration and analysis of reasons these businesses became distressed see the current issue of Recruiter magazine, out today.