Trinity College of Management and IT Limited (05534835): administration
- Status
- Administration ended
- Administration began
- 2011-11-10
- Incorporated
- 2005-08-12
- Location
- London
- Industry
- 8030
Why it went into administration
- Property / lease costs
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 29 October 2004 The origina! license for the Company was acquired in 2005 Mr Umang Shah took over the management of the Company in February 2008 by investing £22,000
The loss incurred by the Company under the previous management for the year ended on 31 August 2008 was £6,780 The college began trading from year 2008 from a premises at 79 College Road, Harrow, Middlesex. HAI IBD with an average of 35 to 40 students. The courses offered were under two main faculties, management studies and lingutstics.
For the year ended 31 August 2009, the Company suffered a loss of £45,564 due to mecrease in administrative overheads such as rent, rates, wages etc After 2009, the Government changed the licensing regime, due to which the Company did not have any license to recruit students from the period 1 April 2009 to 31" March 2010 The loss suffered by the Company in the year ended 31 August 2010 was £43.217 During the period March 2009 to October 2011, the College took on a leased premises at 2 Junction Road, Harrow, HAl !NL In the year 2010, the pass rates for the college reached 97% , with a view to expand its operations and number of student the college premises was relocated by acquiring a new premises on lease of about 8200 Sq, feet at 73-77 Lowlands Road, arrow. Middlesex, HA1 3A W with a maximum student capacity of 900 students with 300 students at any time on the premiscs
Administrators' statement of proposals (2012-01-31) · Companies House register