Leading Edge’s Accounts have just been filed at Companies House……They just posted another annual loss of £3m.
Their ‘Deferred Income’ (the students money they have already spent and would be unable to repay) now stands at £8.5m.
Their TOTAL insolvent position is now £9.6m and that was 9 months ago when these accounts were done on the 31/3/23. That’s a loss of £3m a year or £250,000 a month or £12,500 per working day if you want it in English.
Despite them losing that huge amount and their Marketing Machine saying how well they are doing and linking up with ‘this and that airline’, they are losing money hand over fist!
Last edited by nav3; 31st Dec 2023 at 14:04.
Reason: Clarification