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Private school

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Has anyone seen a private school recover after financial difficulties?

9 replies

OneDayIWillLearn · Yesterday 08:45

Anyone know of any positive stories where a school in financial difficulty has turned it around? Or once they have issues is that the end really?

School local to us - which we were hoping my son (currently finishing year 4) would go to - is in the local news for having been on the brink of closing in September for financial reason. Apparently they’ve come up with a package to get through for now so they’re going on but I can’t help thinking it doesn’t look good.

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IdentifyingAsAWoollyMammoth · Yesterday 08:51

I depends very much on whether the cause is a temporary blip - such as some urgent building issues - or something that's been going on some time, such as falling numbers for years. If it's the former, then they can sometimes bounce back. If it's the latter, rarely, and they'll struggle on until the have no option but to close.

Difficult to really say without looking at accounts for the last decade. Most of those closing in the last few years have been in difficulty since before the pandemic and the VAT has been the last straw (and it's merely brought forward the inevitable by a couple of years at most).

roadrunnerbeepbeep · Yesterday 08:54

Our local one seems to have. My DD left a year ago. It did have to make some unpopular decisions and has now merged with a bigger school group.

LIZS · Yesterday 09:01

There is one in our area, originally a smallish 4-18 girls school, closed its junior school, then was taken over by another coed secondary when it faced total closure, sold a couple of years later and is now a thriving coed. A lot of disruption for pupils at the time and once news got out of its struggles some panic to swap school and was not as academically selective as others during its relaunch.

Rocknrollstar · Yesterday 09:39

A private faith based school near us announced it was closing and two millionaires stepped in to save it.

OneDayIWillLearn · Yesterday 11:00

Thanks. It seems like the usual falling roll and rising costs situation, so I don’t know how easy that is to resolve.

The difficulty for me is that we’re in quite a rural area so there aren’t that many alternatives (state or private) - or rather, there are a few but they are all much less appealing for various reasons!

I guess at least it’s coming to a head now so we’ve got a year or two to see which way things go. If he was about to start year 7 in September, I think I’d be feeling quite nervous.

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IdentifyingAsAWoollyMammoth · Yesterday 12:06

How long has the roll been falling? And what are their accounts actually showing?

OneDayIWillLearn · Yesterday 13:51

Last published accounts show a profit but they haven’t filed their year end August 2025 accounts yet; they are not yet overdue but probably tells a story! Roll appears stable up to academic year 2024/25 but apparently down since then/ forecast to drop more next academic year. It’s a small school (partly what I like about it!) so it makes sense it is vulnerable to those kind of fluctuations.

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Londonnight · Yesterday 14:00

If this is Abbotsholme I would be very wary of going there. I worked there from 2016 and they were in financial problems then [ and probably long before that ], and just keep going from one crisis to another.
If they don't close now, I think this will happen again which is really unsettling for staff and pupils .

Do they still have all the teaching staff? I would imagine a lot of them decided to cut ties and go elsewhere as they were treated really badly [ not being paid being one of them ].

HairyToity · Yesterday 15:54

Londonnight · Yesterday 14:00

If this is Abbotsholme I would be very wary of going there. I worked there from 2016 and they were in financial problems then [ and probably long before that ], and just keep going from one crisis to another.
If they don't close now, I think this will happen again which is really unsettling for staff and pupils .

Do they still have all the teaching staff? I would imagine a lot of them decided to cut ties and go elsewhere as they were treated really badly [ not being paid being one of them ].

There are two schools near me in financial trouble, neither have closed. I personally would avoid if not already tied in.

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