# WIN Schools Ltd (08263376)

> Why UK company 08263376 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08263376

- **Status:** Administration ended
- **Administration began:** 2013-11-29
- **Formerly:** WIN Sports Schools Ltd
- **Incorporated:** 2012-10-22
- **Location:** London
- **Industry:** 85310 General secondary education

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses

## From the administrators' statement

Since 2006 an associated company, Win Tennis Limited (“WTL”) was the service provider of a tennis academy, known as Win Tennis WTL operated from the Company’s Trading Premises under a Tennis Facilities Agreement (“the TF Agreement”) with The English Sport Council (operating as Sport England) (“SE”) which permitted the use of certain facilities at the Bisham Abbey National Sports Centre (“Bisham”) Notwithstanding the expiry of the TF Agreement in July 2012, WTL and subsequently the Company were permitted to continue operating from the Trading Premises on an informal trust basis with SE This enabled the services being provided to continue and benefit from the facilities at Bisham

In 2008 WTL entered into an International High Performance Centre Agreement (“the IHPC Agreement”) with LTA Operations Limited (the “LTA") to provide, inter alia, the best tennis players with access to the best coaches in the best facilities as part of the LTA’s ongoing strategy to improve high performance tennis Funding was also provided by the LTA in respect of individuals at the tennis academy

As part of the development of the services being provided, WTL wished to change its operations to include the provision of education to its students In order to facilitate this change, OFSTED required a separate entity to be established Therefore, the Company was incorporated and in December 2012, the school was registered to specialise as a sports school whilst providing access to a tennis academy The Company commenced trading shortly after its registration

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08263376/filing-history/MzA5MzI3OTU5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08263376

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