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International Realisations LLP (OC315714): administration

Status
Administration ended
Administration began
2016-09-29
Administrators' firm
BDO
Formerly
ICS Realisations LLP; I C S Education LLP
Incorporated
2005-10-19
Location
Reading

Why it went into administration

From the administrators' statement

2.1 The LLP was incorporated on 19 October 2005. Its principal business activity was as an operator of schools.

2.2 The LLP had historically operated two schools known as the International Commumty School (“ICS”) which was based 1n central London, and Alexanders College (“Alexanders”) based in Suffolk The Financial Statements for the year ended 31 August 2014 show that the LLP generated turnover of £11,896k resulting in a net profit of Enil after Members’ remuneration of £365k.

2.3 During 2015 the LLP invested circa £750k in the expansion of ICS as well as setting up a new school, Newland College (“Newland”) in the Chilterns.

Administrators' statement of proposals (2016-11-21) · Companies House register

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International Realisations LLP (OC315714)

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