Private school's accounts reveal severe financial difficulties

Summarised from 3 outlets · Updated 6 Oct, 08:31 · Archive

Lime House School's accounts show £578,440 net liabilities before it stopped trading.

Newly filed accounts for the company operating Lime House School in Cumbria have revealed the extent of its financial difficulties. The firm reported £578,440 in net liabilities and £1.37 million in debts due within a year before the school stopped trading.

The accounts show the scale of the problems that led to the school's closure, with liabilities outweighing assets and substantial short-term financial obligations that the company was unable to meet.

Private school's accounts reveal severe financial difficulties — Image: NW Evening Mail

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How it is being reported

Newly-filed accounts reveal scale of Cumbria private school's financial problemsNW Evening Mail · 6 Oct, 08:15
Newly-filed accounts reveal scale of Cumbria private school's financial problemsWestmorland Gazette · 6 Oct, 08:15
Newly filed accounts reveal scale of private school's financial problemsNews & Star · 6 Oct, 05:00

In this story: Lime House School · Cumbria

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