# Voltaire Group UK Holdings Limited (03108030)

> Why UK company 03108030 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03108030

- **Status:** In administration
- **Administration began:** 2026-05-08
- **Administrators:** Danny Dartnaill, William Matthew Humphries Tait, Mark Thornton
- **Administrators' firm:** BDO
- **Formerly:** Study Group UK Limited; Study Group International Limited; British Study Group Limited; Ash-Hurst Limited
- **Incorporated:** 1995-09-29
- **Location:** Liverpool
- **Industry:** 85310 General secondary education

## Why it went into administration

- COVID-19
- Funding withdrawn / unable to refinance
- Regulatory change or action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 29 September 1995. The Company’s directors are Simon Belfer, lan Crichton, Edward Griffin, James Pitman and Prof. Elena Rodriguez-Falcon. The Company sits within a complex group structure with the ultimate group parent being SG Topco Limited. The Company operates as part of SG Topco Limited and its subsidiaries (‘the Group’).

The Group has three shareholders, all of which are corporate entities (‘Shareholders’). The largest shareholding of 68.12% is held by Intermediate Capital Group plc (‘ICG’), 28.88 % by Bain Capital LP (‘Bain’) and 3% by LBO Fund VIB SLP (‘Ardian’).

The Group is a for-profit education provider that prepares international students for university degree programmes and offers English language courses. Group operations are split between North America and UK/Europe & rest of world (‘ROW’), with a mixture of subsidiary companies, branches and representative offices across 15+ countries.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03108030/filing-history/MzUzMDEwNzIzNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03108030

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.