Creditors of failed private school could lose £ 2million owed to them
Sign up for free to receive the latest news straight to your inbox
Creditors of the failing Derbyshire Ockbrook private school could miss out on more than £ 2million owed to them, according to documents seen by TheBusinessDesk.com.
The school in Derbyshire revealed it was closing in July a month after administrators said they could not find funders to keep it open.
The school was founded in 1799 by the Moravian Church as a girls’ school. It became fully co-ed in 2017. Admission fees were £ 3,360 per term for children of primary school age, rising to £ 4,435 for those in grades 7-9 and £ 4,565 for years 10-13.
The buildings and grounds of the Ockbrook School, which was placed under administration in July, have been put up for sale, through Agent Hilco. A dozen buildings totaling nearly 73,000 sq. Ft. Are offered to potential buyers. The buildings are available as a whole or in three lots.
Brochures marketing the site state: “Subject to obtaining the relevant planning permission, the fully equipped property may be suitable for a number of alternative uses, including (but not limited to) residential, hotel, holiday home. care, use of alternative education, outdoor center, training center etc. “
Around 100 staff were made redundant after the school told parents it would not reopen for the 2021/22 school year.