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Latest on Welcome Nurseries: Group sells 26 settings as it goes into administration

Welcome Nurseries – the fourth largest nursery group in the UK – has gone through a pre-packaged administration sale of 26 of its settings, leaving the fate of the remaining nurseries and its staff unclear.
PHOTO Welcome Children's Nurseries
PHOTO Welcome Children's Nurseries

The group previously had at least 48 settings, largely in the North of England and the Midlands, and employed 750 people, providing more than 5,000 childcare places.

As we revealed on Tuesday, six nurseries have recently closed.

Nursery World understands that an 81-place nursery in Mansfield has also now closed.

On 8 August, Asher Miller of Begbies Traynor, working with Paul Weber of Leigh Adams, was appointed as joint-administrator to conduct the pre-packaged administration of Welcome Nurseries.

In a statement, Begbies Traynor said, ‘Following a period of rapid expansion, Welcome Nurseries currently operates 32 sites across the north of England. The extensive period of disruption and uncertainty caused by the global pandemic left the business unable to meet its ongoing operating costs and repay the deferred consideration owed following the acquisitions completed pre-pandemic.

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