Awarding Body with Negative Networth

The request was successful.

Dear Office of Qualifications and Examinations Regulation,

My request is to know your regulatory actions for following awarding organisation in relation to your General Conditions of Recognition A5.4.
ATHE Ltd: Cash: £10,828, Liabilities: £144,872, Net worth: -£30,888
(Source: Recent Companies House Data)

My other Questions are:-
1. Number of your regulatory actions in this regard?
2. How do you still recognise ATHE Ltd to develop, deliver and award qualifications? While there capacity is negative (liabilities are higher than assets).
3. How can ATHE Ltd. continue to develop, deliver and award qualifications with negative Networth or no reserves under your regulations?

Yours faithfully,

James

Ofqual FOI, Office of Qualifications and Examinations Regulation

Dear Mr Ripley

 

I acknowledge receipt of your request for information, made under the
Freedom of Information Act 2000 and received by Ofqual on 27 November
2013.  Your request will be processed in line with the Act.

 

Kind regards

 

 

 

Alison Townsend
Ofqual

• Office: 0300 303 3344
• 1410 Spring Place, Herald Avenue, Coventry Business Park • Coventry •
West Midlands • CV5 6UB

[1]www.ofqual.gov.uk • [2]twitter.com/ofqual

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Ofqual FOI, Office of Qualifications and Examinations Regulation

1 Attachment

Dear Mr Ripley

 

Further to your recent request for information, made under the Freedom of
Information Act and received by Ofqual on 27 November 2013, please find
attached Ofqual’s response.

 

 

 

Alison Townsend
Ofqual

• Office: 0300 303 3344
• 1410 Spring Place, Herald Avenue, Coventry Business Park • Coventry •
West Midlands • CV5 6UB

[1]www.ofqual.gov.uk • [2]twitter.com/ofqual

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