I'm affraid that I have to disagree somewhat.
A great many of these prep school's, of a similar size, have been bouncing along the bottom for decades, but surviving! Rydes hill was actually starting to move back into profitability, if you view its accounts. The nursery was feeding into the prep school and growth was In sight. But what they (all these small schools) have all been doing, is providing a educational service to communities, plus employment, plus paying their tax, and in a lot of cases providing specialised SEN support.
The Tormead merger is irrelevant to the crux of the issue, although it is worth noting that the saviour of the school and the benefits for all parents and girls (and boys) of both schools will be positive going forward.
What is relevant is the way this school was forced into closure. It was the implementation of ridiculous hikes in eNI (causing havoc across all UK sectors and will likely cause incredible damage to the labour market post April, I own a company of 65 employees, 4 have recently moved on and i will not be replacing them) and the removal of rates relief, for what are, whether you like it or not, schools! She (our horrendously underqualified chancellor) may think these are businesses, but like rydes hill, the majority of our independent schools turn no profit, do great, great good, take pressure off rhe state, and have now been wrecked by a deliberate policy of spite.
All I can do is thank Tormead for stepping in, wish those effected negatively all the best, and never vote Labour again.