Proco NW Limited (06047511): administration
- Status
- Administration ended
- Administration began
- 2019-07-01
- Administrators
- Darren Brookes, Molly Monks
- Administrators' firm
- Milner Boardman Partnership
- Formerly
- Proco NW (Training) Limited
- Incorporated
- 2007-01-10
- Location
- Cheshire
- Industry
- 85320 Technical and vocational secondary education
Why it went into administration
- Loss of a key customer, supplier or contract
- Regulatory change or action
- Competition / price pressure
- Property / lease costs
From the administrators' statement
The Company was incorporated on 10 January 2007 and commenced trading immediately. The principal business activity of the Company was that of an independent, not-for-profit learning provider, offering innovative Government funded classroom and work-based learning programmes for approximately 990 learners aged 16+. This involved traineeships and apprenticeships in building and construction, animal care and veterinary science, motor vehicle repair, business administration and childcare. The Company held a contract with the Education and Skills Funding Agency (“ESFA”), which sits within the Department for Education. The Company also undertook a small amount of commercial work, being contracted to work directly with businesses and schools.
The Company operated from four sites, with the Head Office being situated at the Wigan Skills Centre on Prescott Street, Wigan, within walking distance of Wigan town Centre. The premises were occupied on a leasehold basis, expiring in 2022 with an annual rent of £98,000 per annum. The Montrose Skills Hub and Central Park sites located on Montrose Avenue in the Pemberton Ward area of Wigan were also utilised for training purposes. The fourth site was based in Stokenchurch, Buckinghamshire, servicing Wycombe and Oxford based learners.
The level of staff has fluctuated throughout the trading period with roles including managers, tutors, assessors, specialist functional skills tutors in addition to a central support team providing financial management, contract performance monitoring and contract/financial compliance control. The financial statements for the year ended 31 July 2017 reported a staff compliment of approximately 78 people. However, as at the date of the Administration, the Company employed 28 members of staff, in addition to the director, Mrs Carol Halford.
Administrators' statement of proposals (2019-08-15) · Companies House register