Bootstrap enters administration
Bootstrap, a Blackburn-based charity which helps people into work, set up businesses and gain new skills, has entered into administration citing cashflow problems.
The organisation works across East Lancashire with centres in Blackburn, Burnley, Accrington and Nelson; with outreach centres in Clitheroe and Rawtenstall.
Reports suggest the company recently employed as many as 140 staff, though it is currently operating with a team of 60. At present, the charity will continue to operate as normal with no planned changes to services and users have been requested to attend meetings with their contacts as normal.
Patrick Lannagan and Conrad Pearson of Mazars LLP have been appointed joint administrators.
Patrick said: “Unfortunately the charity has experienced cashflow difficulties which have led the trustees to take the difficult decision to place the company into administration.
“The charity has a tremendous reputation in this sector, helping unemployed people to improve their job prospects, particularly working with those who are most disadvantaged in the labour market.
At present, the charity will continue to operate as normal
"Our priority is to ensure continuity of service and support for all service users, whilst we work with the company’s committed and experienced staff and contractual partners to find the best solution for all stakeholders.
“We will be writing to all creditors over the next few days but would encourage anyone with an interest in taking over the company’s operations to contact us."
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