Prime Time Nursery, which was founded in 2002 by ex-fund manager Monica Langa, aimed to attract Edinburgh's most affluent parents by offering facilities such as a business suite equipped with a telephone, internet access and fax facilities so that parents could continue working while waiting to collect their children.
But in October 2009 the city's Court of Session ordered the business into liquidation, with reports suggesting that the nursery had racked up debts of £700,000.
Last Tuesday (25 May) it was announced that Silver Strawberry, a company owned by a husband and wife team which operates four nurseries and two after-school facilities in Glasgow under the Small World name, had purchased the business and assets of Prime Time Nursery for more than £1m.
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