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Liquidation served for The Academy of Live and Recorded Arts (ALRA)

13 April 2022

Liquidation served for The Academy of Live and Recorded Arts (ALRA)

Shared by The Insolvency Service on the Government website today, The Academy of Live and Recorded Arts, which goes by the name of ALRA has been placed into liquidation.

Following winding up orders being made against the company, the court appointed the Official Receiver as liquidator. The liquidator’s role is to wind-down ALRA, with the interests of the companies’ creditors at heart and also thoroughly check the conduct of the directors.

The British drama school faced troubles after an unsuccessful restructure which resulted in major losses, making it no longer financially viable.

ALRA has been open since 1979 and its alumni included Bridget Christie and Miranda Hart.

Its 284 students which are affected are being offered places at drama school, Rose Bruford College, so their studies can continue. Alternatively, they can look elsewhere.

The 28 permanent and 16 fixed term employees, located across the central London and Wigan base, will lose their jobs.

Here you can find more information about what to do if this situation has impacted you – particularly for students, employees and creditors.

Category: Liquidation

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