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NoSweat Journalism Training ceases trading
The company has been placed into liquidation.
By Andrew Pugh Published 01 May 2012
NoSweat Journalism Training has ceased trading and been placed into liquidation.
The company said in a statement that its directors were “unable to agree a rescue package with the company’s creditors”, adding: “Latterly, negotiations with the landlord broke down and the company had no option but to vacate its premises and cease to trade.”
KSA Group Limited has now been instructed to place the company into liquidation.
In a statement released today the company said: “NoSWeat Journalism Training Ltd has regretfully decided to cease trading as the UK economy falls back into recession.
Tags: media journalism
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2 comments
I'd like to add that although I didn't study with noSWEAT I was indeed ripped off by them. In fact they owe me £500 for a deposit which was taken from my account after I made clear that I couldn't take the course. The director repeatedly promised to pay it back but it was never returned. Now that they are going into liquidation this money is likely to be impossible to get back.
I think it's important to be clear that they closed not because of the recession but because the NCTJ stopped accrediting No Sweat's courses a few months ago, because they did not meet standards. Students had been complaining to the NCTJ for years that they were being ripped off and that they'd seen some highly dubious management and financial practices. The NCTJ finally listened, though I don't know what took them so long.