From the administrators' statement

The Company provides tools to assist educational establishments monitor their results It ts dependent on certain software plus the statistical skills of a couple of key employees

The Company ts a registered charity and ts limited by guarantee The directors are seven Trustees, none of whom has an executive role in the Company The Company is marginally lossmaking, but recently has been cash positive However, the Company has a defined benefit pension scheme with a deficit of £280k in the last annual accounts The Trustees have determined that there is no prospect of being able to reduce this deficit and would not be able to meet a notice for increased contributions from the scheme

A summary of the Company’s recent trading performance ts shown below

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Learning Plus UK (05902630)

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