Announced via Twitter today, EuroUSC UK was put into the hands of the administrator yesterday, the 12th of January 2017.
At the moment Companies House has not reflected the change yet:
ST JOHNS STREET
Company No. 10173661
Date of Incorporation: 11/05/2016
Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC):
Accounting Reference Date: 31/05
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 11/02/2018
Last Return Made Up To:
Next Confirmation Statement Due: 24/05/2017
Find all the Companies House data here https://beta.companieshouse.gov.uk/company/10173661
The EuroUSC website is back up but with all UK training slots removed. Contact details remain in the UK, and the name continues to trade in several European countries.
There are several claims circulating in forums that EuroUSC continued to take payments after the UK CAA withdrew their permission to train on December 23rd, 2016.
EuroUSC made many bold claims and leveraged its early mover advantage in the UK to the hilt in the rest of Europe.
A UK industry insider speaking under condition of anonymity had this to say earlier today:
“It is a classic example of how evolution weeds out the weakest. EuroUSC hasn’t been relevant for a few years now and refused to change their model in a breathtakingly arrogant way. They assumed that, because they were first (ish) they would lead the way and naturally dictate how the sector would develop. And then when new qualified entities came into the sector and changed the model they refused to adapt. It’s a great case study on how not to do business”
Are the rest of the EuroUSC’s companies agile enough to compete?
Just how detached are these companies from EuroUSC UK?