Creditors of failed private school could be set to lose £2m owed to them

Ockbrook School

Creditors at failed Derbyshire private school Ockbrook could miss out on over £2m owed to them, according to documents seen by TheBusinessDesk.com.

The school, in Derbyshire, revealed it was closing in July month after trustees said they were unable to find any financial backers to keep it open.

The school was founded in 1799 by the Moravian Church as a girls’ school. It became fully co-educational in 2017. Admission fees were £3,360 a term for primary school-aged children, rising to £4,435 for those in years 7-9 and £4,565 for years 10-13.

The buildings and grounds of Ockbrook School, which was placed into administration in July, have been put up for sale, through agent Hilco. Some 12 buildings totalling almost 73,000 sq ft are available to prospective buyers. The buildings are available as a whole or in three lots.

Brochures marketing the site read: “Subject to obtaining the relevant planning consents the fully equipped property may be suitable for a number of alternative uses including (but not limited to) residential, hotel, care home, alternative education use, outdoor centre, training centre etc.”

Some 100 staff were made redundant after the school announced to parents that it wouldn’t be reopening for the 2021/22 academic year.

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