Andrew Tate FCCA ACIS
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View all peoplePublished by Andrew Tate on 14 February 2025
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St Augustine’s College Limited, based in Westgate on Sea, Kent, appointed administrators from Kreston Reeves on 31 January 2025.
This decision comes as a result of ongoing financial difficulties exacerbated by challenging market conditions. The cumulative impact of rising operational costs and reduced consumer spending placed a significant strain on the business.
Unfortunately, the company’s financial difficulties mean that the company is unable to host events for its clients whilst in administration. The administrators are aware that this will cause great distress. All those affected have been contacted by the administrators.
The business centre which operates from the company premises continues to trade as normal.
The appointed administrators will take steps to maximise the value of the business and assets in order to provide the best outcome for creditors of the company.
If you have been impacted by the unfortunate closure of St Augustines College Limited, please read our FAQs. If you can’t find what you’re looking for, do not hesitate to contact one of our restructuring colleagues and we’ll be happy to assist where possible.
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