Showcasing the Best of Welsh Business

Wrexham-Based Nursery Under New Ownership Thanks to £650,000 Investment

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This article has been submitted by Barclays

Friends Rachel Lloyd and Kim Jones are now colleagues and business partners after acquiring Homestead Nursery on Old Wrexham Road, Gresford.  After working within the education and health sector for a number of years, facing growing frustrations, the friends decided to follow their passion for quality childcare and enter the world of business.  Nine months later with no business experience, Rachel and Kim acquired Homestead Nursery, with a £650,000 investment supported by Barclays and additional funding from Finance Wales.

Homestead Nursery currently employs 20 staff and forecasts turnover to exceed £500,000 next year under the new management team.

Rachel Lloyd, owner of Homestead Nursery said:

“As a former nursery teacher I have always loved working with children so this just seems a very natural fit. After a meeting with business Wales and a referral to Alison at Barclays, the idea quickly became reality, providing this great business opportunity. I’m passionate about education and child welfare and just can’t wait to come to work every morning. We are registered to take 67 children from birth to age 4 and plan to expand into nursery education and holiday clubs which allow us to increase numbers and expand the age ranges.”

Alison Monks-Roberts, Barclays Business Manager, said:

 “As champions of local business, it is essential that we support local businesses such as Homestead Nursery. By really understanding the business and issues they have faced, Barclays has been able to support Homestead Nursery throughout the transfer of ownership. When the previous owners decided to step back and retire, Rachel and Kim seemed the perfect candidates to retain an important asset to the local community. The investment has retained the existing workforce and created 2 new jobs.”

Kim Jones continues:

“Running a business is tough with no respite and being tied to the business 24 hours a day but the rewards far outweigh the downsides even after working long hours. The joy of seeing my efforts or simply a big smile from one of our children makes it all worthwhile. We deliver a Reggio Emilia inspired approach which focuses on learning through creativity and play and will be launching our forest school sessions next term as we plan to take the classroom outside, combining education, nature and fresh air. With my experience as a health visitor and Rachel’s educational background we feel we have the skills, passion and experience to deliver a fantastic proposition to the local community.”

For further details visit www.homesteadnurserywrexham.co.uk