Professional Association For Childcare and Early Years (02060964): administration
- Status
- Administration ended
- Administration began
- 2025-04-11
- Administrators' firm
- FRP Advisory
- Formerly
- National Childminding Association
- Incorporated
- 1986-10-02
- Location
- St. Albans
- Industry
- 85590 Other education n.e.c.
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
- Property / lease costs
From the administrators' statement
The Charity was formed in 1977 as the National Childminding Association and changed its name to PACEY in 2013. The Charity provided support to its members who were a mixture of individuals and businesses working in the childcare sector. The Charity had more than 14,000 members, who provided care to over 100,000 children working across both England and Wales.
The Charity employed 36 staff, all of whom contributed to the day-to-day operations of the Charity. The Charity had already undertaken various staff cuts in recent years to manage cashflow/operations as efficiently as possible.
The Charity, prior to COVID, traded from leasehold premises located at Northside House in Bromley. As a result of COVID, they migrated to working fully remotely and the premises only housed the IT servers. Attempts were made by the Charity to seek a voluntarily surrender of the lease, which ran to 2031 without a break option. These ultimately failed and, early in January 2025, the Charity handed back the keys.
Administrators' statement of proposals (2025-05-20) · Companies House register