Cardiff Academy Limited (03687879): administration
- Status
- Administration ended
- Administration began
- 2022-08-12
- Administrators
- Gerald Irwin
- Administrators' firm
- MHA
- Incorporated
- 1998-12-23
- Location
- Sutton Coldfield
- Industry
- 85310 General secondary education
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Property / lease costs
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the Directors of the Company and not from my personal knowledge as Administrator.
Cardiff Academy was taken over by Mr Sajid Ghaffar in June 2018. He became the sole Shareholder and Director of the company. Sajid Hussain was employed as the Head of Operations. At the time of takeover Cardiff Academy had zero students. Following the takeover Cardiff Academy offered Scholarships to local talented students, which enabled it to recruit students locally. By September 2018 it had recruited circa 28 students.
During the academic year 2018 — 2019, Cardiff Academy achieved the following:
Administrators' statement of proposals (2022-11-14) · Companies House register