Michael House Association Limited (00515882): administration
- Status
- Administration ended
- Administration began
- 2019-03-14
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1953-02-07
- Location
- Bristol
- Industry
- 85200 Primary education
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
Michael House School was originally founded in 1934 and became an incorporated company in February 1953 to provide for and conduct the education of children from birth though to 16 years of age in line with principles and methods developed by Rudolph Steiner. The Company was subsequently registered as a charity in December 1964.
Following some 80 years of operation serving the local Derbyshire community, concerns were raised around Easter 2016 regarding the school’s future due to a deterioration in its finances caused by several years of declining fee income which meant that the Company was struggling to meet staff salaries and other operating costs. It was therefore apparent that the school would not survive without measures being taken to address its growing deficit.
3.3
Administrators' statement of proposals (2019-05-20) · Companies House register