School Lettings Solutions Limited (08175009): administration
- Status
- Administration ended
- Administration began
- 2020-07-31
- Administrators' firm
- KPMG
- Formerly
- SW and PA Limited
- Incorporated
- 2012-08-10
- Location
- Manchester
- Industry
- 85600 Educational support services
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 10 August 2012 by Paul Andrews and Scott Warrington, the two founders. The Company originally traded in the North West of England and grew into North East Yorkshire and major cities across the UK.
The Company was set up to allow the letting of unused school facilities out of school hours, evenings, weekends and holidays. The Company shared the profits with the schools and was financed by working capital and two government backed loans which have both been repaid.
The Company operated on licenses to occupy in the schools and leased the head office at WeWork in Manchester.
Administrators' statement of proposals (2020-10-16) · Companies House register