Witherslack makes loss in first year

Children’s care and special school provider Witherslack, has reported a £1m post-tax loss for the year ending August 31 2011. Operating profit was reported as £1.1m with group turnover hitting £18.1m. High administrative expenses of £16.9m however, contributed towards the loss in the business’ first year of trading under the Witherslack name, following its 2011…