Welcome Nurseries Ltd, which grew to be one of the largest nursery groups in the UK in just over three years, went into administration with estimated debts of more than £3.5 million.
The extent to which Welcome Nurseries Ltd was in debt to its creditors – including nurseries it had acquired, local authorities, energy suppliers and landlords among others at the time it went into administration – has been revealed in documents published by the administrators on the Companies House website.
Set up in June 2019, Welcome Nurseries Ltd expanded rapidly and at one point in early 2022 operated more than 40 nurseries.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
