Aspire-Igen Group Ltd (03037445): administration
- Status
- Administration ended
- Administration began
- 2023-06-21
- Administrators' firm
- Begbies Traynor
- Formerly
- Aspire-I Limited; Careers Bradford Limited
- Incorporated
- 1995-03-20
- Location
- Northampton
- Industry
- 85600 Educational support services
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 20 March 1995 as an independent learning provider with eight training centres around the country in Bradford, Leeds, Wakefield, York, Scarborough and Dewsbury, with most of the provision being based in Bradford. The Company also owns a freehold property at its main trading premises, suited at City House, 21-27 Cheapside, Bradford, BD1 4HR (‘the Property”). The Company is limited by guarantee and therefore the Company is without shareholders or shares.
The Company provided pre and post-16 education through teaching GCSE’s and study programmes for vulnerable young people. The courses offered included vocational qualifications in beauty, catering, business, health and social care, childcare and information technology, alongside GCSE maths and English. Subcontractors further delivered the Company's study programmes in Doncaster, Hull and Wyke. Barclays Bank Ple (“Barclays”) were granted a debenture in respect of fixed and floating charges against the Company’s assets which was created on 7 April 1995 and delivered to Companies House on 21 April 1995. The Company has since advised that the charge is satisfied and no funds are due to Barclays in respect of this charge.
The Company's objective was to assist learners, including those with no prior qualifications, to progress into apprenticeships, employment or further learning. Work experience placements were also provided and coordinated by the Company.
Administrators' statement of proposals (2023-07-22) · Companies House register