The company that bought Learndirect, previously England’s largest training provider, has suddenly ceased trading after failing to secure enough skills contracts to clear “significant liabilities”.
Multiple creditors, including government departments, are on the hook for potentially millions of pounds after Dimensions Training Solutions Ltd (DTS) filed for insolvency this week.
The DTS board told FE Week the decision to close follows an unsuccessful attempt to win new government-funded skills contracts and a failed effort to refinance the business with external investment.
