Industry Analysis & Industry Trends
The Pre-Primary Education industry includes a range of providers, such as local authority nursery schools and classes attached to primary schools, privately funded schools, community organisations and charities and private for-profit businesses. Nurseries primarily cater to three- and four-year-olds, although operators are increasingly expanding their services to offer childcare for two-year-olds and even younger children. Nurseries and preschools are generally protected from dramatic fluctuations in revenue because they provide essential services to working parents. However, over the past five years, sustained recessionary conditions have had a significant affect on the industry... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a low level of capital intensity as wages by far outweigh capital expenditure. For every £1.00 spent on capital, industry operators typically spend £40.84 on wages. The main expense for nursery schools is wages, which are estimated to account for 69.4% of the average enterprises' revenue in 2013-14. Nursery age children require a high level of supervision and so the staff-to-pupil ratio is higher than that of every other education industry. Nurseries employ nursery teachers, assistants, nurses and managers, in addition to office, catering and cleaning staff. Wage costs are reduced by the limited operating hours of a nursery and by volunteer labour.
Capital expenses by comparison are small, representing 1.7% of industry revenue... purchase to read more