Epic CIC was launched in 2014, taking on the running of youth services in Kensington and Chelsea Council.
The council, along with Knowsley, in Merseyside, was among first in England to “spin out” into "employee-led youth mutuals".
The move came partly in response to deepening government cuts to council budgets.
However, Epic CIC has announced its “extremely difficult decision to initiate an orderly wind-up”.
A statement posted on the organisation’s website says it had found itself in an “unsustainable financial position” following “the reduction in the overall level of funding for youth services since December 2018”.
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