Scotland’s national digital skills academy CodeClan announced it has gone into liquidation and will cease all operations as of August 4, 2023.
A statement on the CodeClan website reads: “It is with extremely heavy hearts that we announce that CodeClan has gone into liquidation and will cease all operations as of 4 August 2023.
“Sadly, that means all our staff have been made redundant and will no longer represent CodeClan.
“Craig Morrison and Scott Milne of Quantuma Advisory Limited were appointed Joint Provisional Liquidators of the CodeClan Limited on 4 August 2023.
“CodeClan has ceased to trade with immediate effect. Creditors will be contacted in due course.”
Head of Marketing, wrote on LinkedIn: “Major update: It was with extremely heavy hearts that we discovered that CodeClan has gone into liquidation and will cease all operations as of today.
“Sadly, that means that staff will no longer be in employment after today. It also means that our current students and job-seeking graduates have experienced an abrupt end to their training and job support, which will not continue after today.
“This is an extremely difficult day for the whole CodeClan community.
“In order to support those now out of work and training, the team have created a Google Sheet with contact details for our staff, students and graduates seeking work. Please support us all by sharing it widely.
“CodeClan’s students and graduates make a significant sacrifice when they take on their training. If you can offer mentoring, training, employment, advice or support to any of them, please reach out using the details in the sheet below.
“Thank you all.
“PS: I appear to be open to opportunities.”
A statement from Quantuma said: “In 2021 the Inverness office was closed and the business looked to have returned to some stability.
“Unfortunately, current market conditions have hit the turnover, with the business placement side of the business once again suffering.
“Attempts to replace this income have failed and ultimately, a lack of cash flow has resulted in the company being placed in liquidation and immediately ceasing to trade.
“All 57 employees have now been made redundant.”
Quantuma managing director Craig Morrison said: “As joint provisional liquidators, our immediate priorities have been to provide appropriate support to those whose jobs have been affected.
“The Partnership Action for Continuing Employment (PACE) has been engaged to work with employees.”