Derby-based dance company Déda has announced it is entering voluntary insolvency after “enduring significant financial pressures” since the onset of Covid, making it “impossible to continue” operations in its current format.
Founded in 1991, the Arts Council England-funded charity runs a dance and movement venue and is co-producer of the annual Derby Feste festival, which was cancelled this year due to financial challenges.
A statement posted on the company’s website noted that the pandemic had posed “extraordinary challenges” for cultural organisations worldwide and that, despite “best efforts” to recover, audience numbers had not rebounded quickly enough to offset its rising operational costs, placing an…
