Legal businesses and other trade creditors are owed more than £100,000 by a training provider which closed earlier this year, official documents have revealed.
A statement of the company’s affairs for Bristol-based Progressive Legal Training, registered with Companies House, shows a total of £458,540 is owed to unsecured creditors.
This includes £100,678 for trade creditors, £33,933 in employees’ claims and £32,208 to HM Revenue & Customs.
Hundreds of legal services providers are listed as company creditors of Progressive Legal Training, which shut in May.
Among the creditors owed four-figure sums are the Copthorne Hotel in Cardiff, graphic design firm Black Cat MPS, delivery firm DX Network Services. Bristol-based Workman property consultants is owed £20,400, while Peter Garnet Cox, a consultant with Bells Solicitors in Romsey, Hampshire, is listed as a creditor to the sum of £7,345.
The statement of affairs does not specify how much creditors will receive, but it does note that total assets for the company are estimated at £71,850.
Progressive Legal Training was founded in 1995 and provided around 3,000 continuing professional development (CPD) courses across the country.
A week before the closure, the Solicitors Regulation Authority approved plans to remove the CPD requirement from November 2016, with solicitors instead required to pledge an annual commitment to CPD through their practising certificate renewal.