City’s largest language school ceases operations and goes into liquidation after brutal Covid impact

0

The largest and oldest language school in the city ceased operations and went into voluntary liquidation due to the brutal effects of the Covid pandemic.

Liverpool School of English is a city center based institution which has taught thousands of international students for over 20 years.

On Wednesday, it was announced that Begbies Traynor’s Craig Povey and Keystone Recovery’s Laura Walshe had been named co-liquidators of the organization, which was founded in 1999.

READ MORE: Liverpool nightclub DJ ‘Double Decks Dave’ dies of sudden illness

The school, based in Mount Pleasant, offered international students the opportunity to learn English in the city and was attended by students from all over the world, including China and Saudi Arabia.

His turnover last year was £5.5million.

Liquidators said the impact of the pandemic and associated travel restrictions had caused a “devastating reduction” in revenue, which saw the company go out of business and the company voluntarily dissolved.

The Liverpool Echo sends out newsletters on a wide range of topics – including our daily newsletter, which now comes out three times a day.

There are others on what’s going on, politics, court news, Knowsley, Wirral and arts and culture, as well as Liverpool FC and Everton FC.

It’s free to sign up and it only takes a minute for you to get the biggest stories, delivered straight to your inbox.

How to Sign Up for an Echo Email Update

1) Go to our page dedicated to the newsletter on this link.

2) Put your email in the indicated box

3) Tick as many boxes as you wish, for each desired newsletter.

4) Press Save Changes and that’s it!

The two companies were officially appointed on July 8 to oversee the asset sale.

Mr Povey said: “Since March 2020 the business has been impacted by the global response to the pandemic. These measures made the company unsustainable after so many successful years.

“Administrators have explored all avenues to keep business going since March 2020, but ultimately the challenges presented to them by lockdown restrictions and their insurance company’s decision not to pay for losses exploitation and infectious disease claims were too great to overcome.

“This is an example of a previously very successful business devastated by the global response to the pandemic and, sadly, it certainly won’t be the last.”

Ms Walshe added: “Like many others, the business has been significantly affected as a result of Covid-19.

“The company had already successfully negotiated for over 20 years and welcomed many international students to Liverpool. Although the administrators worked tirelessly to overcome the challenges posed by the lockdown, international travel restrictions and their insurer’s decision not to pay a business interruption claim, these were simply insurmountable and the company was forced to cease operations.

“The closure of this long-established business is an example of the devastation caused by the pandemic. Although restrictions are about to be eased in England, unfortunately it will be too late for some businesses and the lasting impact of Covid-19 could be seen in the hardest hit industries for years to come.

Receive newsletters with the latest news, sport and updates from ECHO Liverpool by signing up here

Share.

Comments are closed.