# KGS Realisations 2026 Limited (06195985)

> Why UK company 06195985 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06195985

- **Status:** In administration
- **Administration began:** 2026-07-17
- **Administrators:** Benjamin John Wiles, Philip Joseph Dakin
- **Administrators' firm:** Kroll
- **Formerly:** Kirkham Grammar School
- **Incorporated:** 2007-04-02
- **Location:** Preston
- **Industry:** 85200 Primary education

## Why it went into administration

- Rising costs / inflation
- Cash flow / liquidity pressure
- Property / lease costs

## From the administrators' statement

Originally founded in 1549, the School was a long-established independent school in Kirkham, Preston, Lancashire. The School operated as a charity and provided co-educational education from nursery through to sixth form, serving approximately 670 students across its junior and senior schools.

The School had experienced sustained financial and liquidity pressure over recent years. Profitability had deteriorated due to a combination of sector-wide and School-specific factors, including pressure on pupil numbers, increased operating costs, the introduction of VAT on independent school fees, the removal of charitable business rates relief and increased employer National Insurance contributions.

Further detail on the background of the Company and the events leading up to the Administration is outlined in the SIP 16 Statement to Creditors at Appendix H, which should be read in conjunction with this report and was previously provided to creditors on 23 July 2026.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06195985/filing-history/MzU0Mzg3Nzg0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06195985

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