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Well, you could put in a proof of debt to try and get something from the liquidation. But it looks like you wouldn't actually get anything back, as the company doesn't have enough assets to satisfy the preferential creditors, and you'd be an unsecured creditor. TLDR: yes, customers who paid The Bicycle Academy Limited money before it went into liquidation have lost that money. Sorry to be the bearer of bad news. Something of an occupational hazard for me.
Brommers
@steelest
Thanks. I am not really familiar with how liquidation works in UK (or anywhere else, for what matters.) Does it mean that customers who purchased courses for 2023 won't ever see their money back? In my case I had paid a deposit, but not the full amount yet.