Long-standing training provider Go Train is filing for liquidation with over 100 staff set to lose their jobs.
Following an unsuccessful acquisition attempt and low learner numbers, the company told staff yesterday the board had taken the decision to close, ending over 30 years in the sector.
According to firm’s latest accounts, the company’s owners, Go Train Holdings Limited, held “significant” debts and recruiting to pre-pandemic levels of learners became essential to fulfilling its contracts and its survival.
Chief executive Graham Clewes told FE Week that slow recovery from Covid-19 lockdowns and an unsuccessful attempt at being acquired by a larger company means the board had no option but to close the business immediately.
