A NURSERY which provided childcare at a hospital in Glasgow for almost 20 years has fallen into liquidation with all jobs lost.
Clever Clogs Nursery provided childcare for staff at Stobhill Hospital in Glasgow but ceased trading on June 5 following a successful winding-up petition by the court.
Kenneth Craig and Simon Smith of BTG have been appointed as joint liquidators by the court.
Liquidators confirmed to The National that all nine members of staff have been made redundant since the business collapsed.
Founded in 2007, Clever Clogs Nursery built a “strong reputation” over almost two decades of trading.
The business leased a premises within the grounds of Stobhill Hospital and provided early learning and childcare for the children of hospital staff as well as families from the wider community
Liquidators said that despite operating successfully for many years, the business experienced increasing financial pressures over the last five years.
Some factors that led to Clever Clogs Nursery’s falling into liquidation included increased competition, the lasting impact of the Covid pandemic and cashflow difficulties.
Liquidators said the business's financial difficulties meant it was unable to maintain payments to HMRC and other creditors.
BTG's managing partner in Scotland, Thomas McKay, said that an increase in staff wages and overheads was also a contribution to the closure of the nursery.
He told The National: “Like many childcare providers, Clever Clogs Nursery had faced mounting financial pressures in recent years.
“Increased wages and overheads, and a more competitive environment led to ongoing cash flow challenges that ultimately proved too significant for the business to overcome.
“It is always regrettable when a long-established business is forced to cease trading, particularly one that has served local families and hospital staff for almost 20 years. Sadly, this has resulted in the unavoidable redundancy of all nine employees.”
McKay added: “We are working closely with all the staff affected and with Partnership Action for Continuing Employment and the Redundancy Payments Service, to ensure affected staff receive support in accessing their statutory entitlements as swiftly as possible at this difficult time.”
