The CAA need to start to take an active interest in the financial state of ATOs, by introducing a mandatory ESCROW payment system.
The regulator scrutinises airlines for financial soundness, perhaps a similar scheme for ATOs?
Until MPs start to take an interest & beef up the legislation the customers are potentially in a precarious position. Pay as you fly even on Integrated Courses (one week flying in advance through escrow?). Otherwise PAYG ~ Modular route.
CAVEAT EMPTOR