Founder of Oxford private school declared bankrupt amid firm's £1.4m debts – Oxford Mail
Founder of Oxford private school declared bankrupt amid firm’s £1.4m debts Oxford Mail Read the original article here
Founder of Oxford private school declared bankrupt amid firm’s £1.4m debts Oxford Mail Read the original article here
The founder of an Oxford private school that is £1.4m in debt has been declared bankrupt, calling it a “rite of passage for an entrepreneur”. Alexander Nikitich, the founder of Carfax College, has been declared bankrupt but said this will not impact the day-to-day running of the business. Carfax Education Group offers tutors, university preparation…
Rashid Hussain, 57, of Tintern Crescent, was investigated by the Insolvency Service after breaching the terms of the Government-backed Bounce Back Loan (BBL) scheme for his business ZIB Haulage Ltd. The carrier company overstated its application for a BBL, resulting in the company receiving £50,000, despite not being entitled to it. During the pandemic, the…
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