David Spencer-Percival, the recruitment entrepreneur who sold almost everything he owned to build a business empire, is facing a High Court battle against bankruptcy.
The 55-year-old founded the recruitment firm Huntress from scratch and built it into a £100 million a year business before selling his stake for a seven-figure sum. He then took an extraordinary gamble 16 years ago, selling his country home, antiques, watches and a collection of classic cars, including a Ferrari, a Bentley and two Aston Martins, to raise money for his next venture.
The proceeds helped launch Spencer Ogden, a recruitment business that became a global success before Spencer-Percival sold his stake in 2020.
His most recent recruitment venture, Life Science People, has fared less well. The company was compulsorily wound up last summer after HMRC petitioned the courts over money it was owed.
Less than three weeks after the winding up, Alexandra Vintila, who business records show was a recruitment consultant at the firm, launched proceedings seeking Spencer-Percival’s personal bankruptcy. Her creditor’s bankruptcy petition was filed at the High Court in August last year before the case was transferred to Central London County Court.
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