Pandemic causes Liverpool language school to collapse

0

The Liverpool School of English has taught English to more than 50,000 students from 80 countries over the past two decades and has generated £ 5.2million a year, but has been ‘devastated’ by the pandemic. Tony McDonough Reports

Liverpool English School in Mount Pleasant

A Liverpool language school that has taught English to more than 50,000 students over two decades has collapsed due to the impact of the COVID-19 pandemic.

The Liverpool School of English, based in downtown Mount Pleasant, taught 5,000 students from around 80 countries each year before the pandemic. He had an annual turnover of £ 5.2million and employed dozens of people.

However, the pandemic halted most international travel in 2020 and 2021. The school offered online classes, but the excessive impact of the travel drop has been catastrophic for the company and it has now gone out of business. and went into voluntary liquidation with the loss. of 34 jobs.

Craig Povey of Begbies Traynor and Laura Walshe of Keystone Recovery were appointed co-liquidators of the company (The Liverpool School of English Limited) founded in 1999. The co-liquidators were formally appointed on July 8 to oversee the sale of assets.

“Since March 2020, the company has been negatively affected by the global response to the pandemic. These measures made the business unsustainable after so many successful years, ”said Povey.

“Directors have explored all avenues to keep the business going since March 2020, but ultimately the challenges presented to them by the foreclosure restrictions and their insurance company’s decision not to pay claims for business interruption and infectious diseases were too important to be overcome.

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

The collapse of the school will also have an impact on the economy of the city center at large. In an interview with LBN earlier this year, Saeed Adam, the school’s business development manager, said his job was not only to sell the company’s services but also to sell the city of Liverpool to the world.

Liverpool English School
The Liverpool School of English welcomes 5,000 students per year to the city

Before the pandemic we visited 28 different countries around the world, trade fairs, exhibitions with bodies such as UKTI and the British Council. I would say 60% of the time we were selling Liverpool as a destination.

“English language schools for foreigners represent £ 1.4 billion annually to the UK economy. The Liverpool School of English alone has drawn over 50,000 people to the city over the past two decades.

“If you go back 10 years, Liverpool was not in the top 20 destinations for foreign students looking to learn English. Now he’s about sixth or seventh. Capital of Culture really helped in 2008 as Liverpool FC and The Beatles. Students from Japan and Brazil especially like to come for The Beatles.

Laura Walshe of Keystone Recovery added, “While administrators are working tirelessly to overcome the challenges presented by the lockdown, international travel restrictions and their insurer’s decision not to pay for a business interruption claim, those – these were simply insurmountable, and the company was forced to cease its activity.

“The closure of this long-established business is an example of the devastation caused by the pandemic. Although restrictions are set to ease in England, it will unfortunately be too late for some companies and the lasting impact of COVID-19 can be seen against the industries most affected for years to come. “


Source link

Leave A Reply

Your email address will not be published.