Eden Project reveals debts of £5m

Eden's biomes The Eden Project said up to 35 jobs were at risk

Related Stories

Cornwall's Eden Project has announced debts of £5m.

The attraction near St Austell said up to 35 jobs were also at risk because of the economic downturn.

Last year it recorded losses of £1.78m, partly blaming the floods of November 2010 which forced it to shut for a week and its ice rink to close for a month.

A redundancy consultation is under way at the site which employs between 490 and 700 people depending on the season.

Gaynor Coley, Eden's managing director, said: "We are overall in debt about £5m - but a £5m debt on a £140m asset with a £20m turnover is a very reasonable level of debt, particularly in this climate."

She added that visitor numbers over the year had been healthy but the project needed to make sure it was fit for the future and offering excellent value.

She also said that the consultation review would look at all levels of staff.

According to the Association of Leading Visitor Attractions, visitor numbers at Eden in 2009 and 2010 fell year on year and the project received just over one million visitors in 2011 - down 3% on the previous year.

Malcolm Bell, of Visit Cornwall, said: "We will be looking to see how we can help. I am sure Eden's team will be working hard and creatively.

"It took innovation to create Eden and I am sure that pool of talent will be there to see it through these troubles."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Cornwall



Min. Night 5 °C

Features & Analysis

  • Woman in swimming pool Green stuff

    The element that makes a familiar smell when mixed with urine

  • Plane at Shannon airportShannon's call

    The airport that hosted a roll-call of presidents

  • Record playing on turntableVinyl destination

    The eight tribes of people who keep buying records

  • The Duke and Duchess of Cambridge at RAAF Amberley airbase near Brisbane on 19 AprilIn pictures

    Fighter jets and screaming crowds for William and Kate

Elsewhere on the BBC

  • ITChild's play

    It's never been easier for small businesses to get their message out to the world


  • Tuna and avacadoThe Travel Show Watch

    Is Tokyo set to become the world's gourmet capital?

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.