Genwise Limited – Creditors' voluntary liquidation: Lime House School operator Genwise enters CVL with £1.7m deficiency after CVA fails

Claims relating to 38 employees total £414,322.87, while HMRC is owed £781,248.94. Assets expected to realise a definite amount are put at £30,463.64, and nothing is anticipated for unsecured creditors. The CVA paid no dividend, having begun with creditors owed £818,757.

Daryl Warwick and Lindsey Cooper of Armstrong Watson are joint liquidators. The school's contents are being auctioned on their behalf.