Reply To: No Support Funding/CIC Provider

Sharon Whelan

Sorry should have said no hidden costs in the rents either as I requested breakdowns of all the costs that I felt needed to be checked.

Just to add another layer, one of the directors was involved in a private company that went into liquidation the same time this CIC provider was set up, owing millions to creditors. I suppose I’m trying to work out how you can fund complete property refurb to a very high standard, £150K staffing costs, set-up two businesses connected to the property etc with no funding whatsoever…

Thanks to everyone for the replies, I’ll go back with more specific questions and hopefully get to the bottom of it. I’ll update if anything interesting pops up