The London Acorn School CIC (08266022): administration
- Status
- Administration ended
- Administration began
- 2023-09-04
- Administrators
- Anthony John Wright, Alastair Massey
- Administrators' firm
- FRP Advisory
- Incorporated
- 2012-10-23
- Location
- London
- Industry
- 85200 Primary education
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Sustained trading losses
- Brexit
From the administrators' statement
Business & Operations
The London Acorn School CIC (“the Company”, “the School” or “the CIC”) was incorporated on 23 October 2012 and is limited by guarantee.
The Company traded as an alternative independent private school and provides primary education for students ranging from 3 - 11 years of age, with preparatory education beginning at age 6 following kindergarten.
Administrators' statement of proposals (2023-09-23) · Companies House register