My understanding (and I'm not privvy to all information or knowledge of things and businesses financial) is that Arora took over Wycombe Air Centre as was after it had gone into administration.
I believe the plan is still that the Wycombe Air Centre name may well live on in name only as the provider of fixed wing commercial flight training at Wycombe Air Park whilst Airways Flying Club will look after all the PPL and private hire side of things.
From what I've seen in the past is that websites aren't necessarily kept up to date when these things happen. Commercial training should resume as soon as the approvals are in place.