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Schools lose out as lettings firm goes into administration

Schools Lettings Solutions (SLS), which rents out school facilities, went into administration last year, leaving over 300 schools nationally £4m out of pocket.

Schools in Lincolnshire have lost more than £20,000 after the lettings firm went into administration.

They include the David Ross Education Trust, with 11 schools across Lincolnshire, North Lincolnshire and North East Lincolnshire, which has lost out on £17,212.

A list posted to Companies House revealed the business also owed £2,474.75 to Beacon Academy in Cleethorpes, and £1,000 to Clifton Promotions, whose owners run a dance academy in Grimsby.

A spokesperson for the David Ross Education Trust said: “Like a number of academy trusts, we worked with SLS to manage our sports facilities bookings. This relationship was limited to just three of our academies.

“As soon as we had notification of the firm going into administration, we were in touch with the administrators to make a claim and that process is ongoing.”

SLS founders, Scott Warrington and Paul Andrews

The Business Desk

The Times reported that some schools said children were likely to go without books, trips or supplies.

When the company went into administration, it blamed the coronavirus pandemic and lockdown when schools were forced to close and team sports were banned.

Daniel Taylor, of Fortis Insolvency, which was appointed as the administrator, said at the time: “The directors initially took steps to try and protect the business and jobs by using the furlough scheme, although they have been unsuccessful in raising funds from Coronavirus Business Interruption Loan Scheme.

“With all the current uncertainties which exist, and the tapering of the furlough scheme in the coming months, there really is no option but to close the business.”

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