SS Realisations 2012 (02124695): administration
- Status
- Administration ended
- Administration began
- 2012-05-28
- Formerly
- Specialist Schools and Academies Trust; Specialist Schools Trust; Technology Colleges Trust; City Technology Colleges Trust Limited
- Incorporated
- 1987-04-21
- Location
- Liverpool
- Industry
- 85590 Other education n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Pension deficit
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 21 Apnl 1987, as a company limited by guarantee The Company was also registered as a chanty number 296729
The Company was formed as the City Technology Colleges Trust Limited with the purpose of supporting the planned new city technology colleges being sponsored by external business and industry In 1996 the charity was renamed the Technology Colleges Trust and the Specialist Schools Trust in 2003 In October 2005 the Company changed its name to Specialist Schools and Academies Trust to coincide with the academies programme set up by the new Labour government
The Company traded as The Schools Network, an independent not for profit membership organisation, dedicated to raising achievement in education The Company operated from 9 leasehold locations in Taunton, Guildford, Peterborough, Stafford, Chester-le Street, Chorley, York, Wolverhampton with the head office on floors 16,17 and 18 of Millbank Tower, Millbank , London SW1P 4QP.
Administrators' statement of proposals (2012-07-17) · Companies House register