CDB Training Ltd (04056544): administration
- Status
- Administration ended
- Administration began
- 2020-03-02
- Administrators
- Steven Muncaster, Stephen Gerard Clancy
- Administrators' firm
- Kroll
- Formerly
- Progress To Excellence Ltd; Progression To Excellence Ltd; NVQ Training & Consultancy Services Limited
- Incorporated
- 2000-08-21
- Location
- Manchester
- Industry
- 85320 Technical and vocational secondary education
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company was a medium sized apprenticeship and adult learner provider and held an Ofsted grade 2 provider status (Good) since November 2015.
An Ofsted inspection is a significant event in the training & education market and has seen the demise of a number of providers so preparation for the Company’s Ofsted re-inspection had been underway since January 2019. This preparation work included:
an iT consultants engaged to use success rate data;
Administrators' statement of proposals (2020-04-29) · Companies House register